Town Hall News

By Soo-hyang Choi SEOUL (Reuters) -A former executive at South Korea’s Samsung Electronics was indicted on Monday on suspicion of stealing company technology for a copy-cat chip factory in China and jeopardising national economic security, prosecutors said. South Korea is a chipmaking powerhouse, increasingly pressed by the geopolitical and economic rivalry between the United States and China. Last week, President Yoon Suk Yeol described chip industry competition as “all-out war”. […]

SEOUL (Reuters) – Chinese warships are conducting salvage operations in waters where a North Korean space rocket crashed last month, South Korea said on Monday. The South Korean military is carrying out its own search for wreckage of the North Korean space vehicle that plunged into waters near the west coast island of Eocheongdo. The rocket came down in the sea at a point where the exclusive economic zones of […]

By David Morgan WASHINGTON (Reuters) – The U.S. House of Representatives will reconvene in an atmosphere of political uncertainty on Monday, as Republican hardline conservatives clash with Speaker Kevin McCarthy and spoil for a new fight over federal government spending. Lawmakers are due to return to Washington for the first time since 11 Republicans, including members of the ultra-conservative House Freedom Caucus, paralyzed the chamber floor for days last week, […]

By Rod Nickel WINNIPEG, Manitoba (Reuters) – Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada C$10 billion ($7.5 billion) of investment and undermine Prime Minister Justin Trudeau’s efforts to build a greener economy. Reducing fuel’s carbon intensity is critical to Canada’s efforts to curb greenhouse gas […]

By Nidal al-Mughrabi GAZA (Reuters) – Graffiti artists in Gaza have painted murals on the remains of houses destroyed in an Israeli missile strike during cross-border fighting in May. On one wall the artists depicted a woman holding her son. On another a boy is painted with tears in his eyes. A third shows a girl, seen through a mirror, combing her hair. Piles of rubble still encircle the houses […]

GENEVA (Reuters) – Swiss authorities said that several government websites were targeted in a distributed denial-of-service (DDoS) attack on Monday that was claimed by pro-Russian hackers. The attack comes as the Swiss parliament prepares for a video address by Ukrainian President Volodymyr Zelenskiy scheduled for Thursday. Switzerland’s National Cyber Security Centre (NCSC) said that “various websites of the Federal Administration and enterprises affiliated with the Confederation were unavailable” in the […]

By Andrew Goudsward (Reuters) -Evan Corcoran, a lawyer hired by Donald Trump to fend off a federal investigation into his handling of sensitive documents, is now a central figure in the U.S. Justice Department’s criminal case against the former president. The shift from lawyer to potential witness in the case is a sharp turn for Corcoran. The former Republican congressman’s son is described by former colleagues as soft-spoken and diligent, […]

By Paritosh Bansal (Reuters) -‘De-risk, not decouple’ are the new buzzwords for Western policy toward China, drawing skepticism from Beijing about whether there is any difference between the two. For businesses caught in the middle, the semantics are beside the point. As tensions between Western allies and Beijing ratchet up over a litany of disputes, from sensitive technology to positions on Russia and Taiwan, companies with China exposure are worrying […]

GENEVA (Reuters) – Swiss authorities said that several government websites were targeted in a distributed denial-of-service (DDoS) attack on Monday that was claimed by pro-Russian hackers. The attack comes as the Swiss parliament prepares for a video address by Ukrainian President Volodymyr Zelenskiy scheduled for Thursday. Switzerland’s National Cyber Security Centre (NCSC) said that “various websites of the Federal Administration and enterprises affiliated with the Confederation were unavailable” in the […]