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North Korean winter troop dispatch to Ukraine unlikely

North Korea is unlikely to send another large contingent of troops to support Russia’s war against Ukraine this winter, a former senior Ukrainian official said, despite President Volodymyr Zelensky’s recent warnings of a planned deployment, according to U.S.-based outlet NK News. Andrii Kovalenko, former head of the Center for Countering Disinformation under Ukraine’s National Security and Defense Council, wrote on social media this week that the thre

Senate seeks Huang, Lutnick testimony

Former Nvidia CEO Jensen Huang and U.S. Commerce Secretary Howard Lutnick have been asked to testify before the Senate Banking Committee next month as lawmakers investigate national security concerns surrounding Huang’s reported relationship with a suspected Chinese spy and exports of advanced AI chips to China. Committee Chairman Tim Scott requested separate appearances by Huang on Dec. 3 and Lutnick on Dec. 10. Huang resigned Thursday, ending his leadership o

JPY hits 2-month low versus USD

The yen weakened to a two-month low as stronger-than-expected U.S. inflation fueled expectations of faster Federal Reserve rate increases and a wider interest-rate gap with Japan. It traded at 159.91 per dollar at noon in Tokyo on Friday, 0.21 yen weaker than the previous day, after slipping past 160 in New York for the first time since early September. The Bank of Japan is widely expected to raise rates at its Dec. 17–18 meeting, but caution over the economic

Microsoft outage disrupts email, AI services worldwide

A global Microsoft outage disrupted Outlook, Teams and Copilot for tens of thousands of users across 74 countries from Thursday, with connectivity problems persisting for more than eight hours, the BBC reported. Reports of Outlook problems peaked at nearly 140,000, according to Downdetector. Microsoft said unexpectedly unavailable servers had strained its infrastructure across multiple regions and that a cyberattack was unlikely. Recovery remained uneven as the compa

Lutnick faces blame over Huang scandal

Some of President Donald Trump’s top advisers are blaming Commerce Secretary Howard Lutnick for the political fallout from outgoing Nvidia chief Jensen Huang’s reported affair with a suspected Chinese intelligence source, The Wall Street Journal reported. Lutnick has drawn criticism over his efforts to stall chip export restrictions and his longstanding ties to Huang, according to people familiar with the discussions. The dispute extends the scandal into

U.S. brokers Russia-Ukraine talks, Europe to join

U.S. envoys met Russian President Vladimir Putin in Moscow on Thursday before heading to Ireland for talks with Ukrainian President Volodymyr Zelenskyy as Washington sought to revive stalled peace efforts, The Associated Press reported Friday. Steve Witkoff and Jared Kushner, President Donald Trump’s son-in-law, had brokered the first direct talks between Russian and Ukrainian representatives in nine months in Abu Dhabi earlier this week. Witkoff and Zelenskyy

Ex-Busan Museum of Art director Ki Hye-kyung to lead MMCA

South Korea has appointed Ki Hye-kyung as director of the National Museum of Modern and Contemporary Art (MMCA) for a three-year term starting Friday, the Ministry of Culture, Sports and Tourism said. Ki, a curator and Korean modern art historian, previously spent about 13 years at the MMCA before serving as director of the Busan Museum of Art and a senior official at Seoul's Buk Seoul Museum of Art. She has also taught at Hongik University since 2023. Culture M

Paris Baguette opens first US drive-thru store

Paris Baguette has opened its first drive-thru store in the U.S., the bakery chain said on Friday. The outlet, located in Moore, Oklahoma, is part of its efforts to expand the franchise business in car-dependent suburban markets. Customers can order coffee, sandwiches, cakes, pastries and bread without leaving their cars, and pick up any in-store item at the drive-thru window after placing an order online or through its app. Paris Baguette operates about 320 stores

Seoul, Tokyo gain while Chinese stocks slip

South Korean stocks led gains across a mixed Asian market Friday morning, as bargain hunting lifted semiconductor shares in Seoul and Tokyo despite Nvidia's leadership turmoil, while Chinese markets slipped. The KOSDAQ climbed 3.56 percent to 721.32, outpacing the KOSPI's 2.09 percent rise to 5,454.30 as of 10:36 a.m. Japan's Nikkei 225 gained 1.73 percent to 61,872.00, while Hong Kong's Hang Seng Index fell 0.74 percent to 23,830.00 and mainland Chi

KOSDAQ leads as Korean stocks defy Nvidia shock

South Korea's junior KOSDAQ outpaced the main KOSPI Friday morning despite uncertainty surrounding Nvidia's leadership shake-up, climbing 3.59 percent to 721.53. The KOSPI gained 2.08 percent to 5,453.93 as of 10:19 a.m. Bellwethers SK hynix rose 2.79 percent to 1,289,000 won ($962) and Samsung Electronics gained 2.40 percent to 213,000 won. On the junior bourse, semiconductor equipment stocks Jusung Engineering and Wonik Holdings rose 5.47 percent and 7.24