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North Korean media dismiss allies' moves to sharpen deterrence

ANN/KOREA HERALD – North Korea’s propaganda outlets continued to dismiss South Korea and the United States’ (US) move to reinforce their deterrence and military readiness as “bravado” against a “nuclear weapons state”, arguing that North Korea merely sees a US aircraft carrier as a “lump of scrap metal”. Multiple propaganda outlets simultaneously launched a flurry […] ....

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World economy roiled by simultaneous shocks | Borneo Bulletin Online

THE STAR – The world economy is showing signs of a rapid downshift as it contends with a series of shocks – some of them self-inflicted by policymakers – increasing the likelihood of another global recession and the danger of major financial disruptions. “We’re living through a period of elevated risk,” former United States (US) […] ....

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Strong quake jolts Sumatra | Borneo Bulletin Online

JAKARTA (AFP) – A 5.9-magnitude earthquake hit Indonesia’s Sumatra island early yesterday, according to the United States (US) Geological Survey, killing at least one person and injuring dozens as locals rushed out of buildings seeking safety. The quake hit at a relatively shallow depth of 13 kilometres just before 2.30am (1930 GMT), about 40 kilometres […] ....

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US women win fourth straight gold at World Cup | Borneo Bulletin Online

SYDNEY (AP) – The names on the United States (US) team have changed, the Americans’ dominance has not. A’ja Wilson scored 19 points, Kelsey Plum added 17 and the US beat China 83-61 yesterday to win its fourth consecutive gold medal at the women’s basketball World Cup. This was one of the most dominant teams […] ....

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South Korea's currency forecast to fall further on Fed's rate hikes, trade deficit

SEOUL (XINHUA) – South Korea’s currency was forecast to fall further versus the US dollar on expectations for the United States (US) Federal Reserve’s interest rate hikes and South Korea’s continued trade deficit, market watchers said. The won/dollar exchange rate finished at KRW1,438.9 per dollar yesterday, down KRW1.0 from the previous day. The rate topped […] ....

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