North Korea is said to be behind the theft from the crypto exchange Binance. How did they pull it off and what will they do with the money? Kalyeena Makortoff and Jean H Lee reportIt was 8pm last Thursday when the panic alarms went off across the crypto world. Binance, the world’s biggest crypto exchange, had been h…
A growing rift is emerging in South Korea's booming botulinum toxin industry over whether to lift government protections on its manufacturing technology, pitting companies seeking faster overseas expansion against those warning that deregulation could expose valuable industrial know-how. The dispute comes as Korean …
North Korean leader Kim Jong-un has visited the Nampho Shipyard and called for a rapid buildup of naval combat power to counter "hostile acts of the enemies," state media said Wednesday. Kim made the remarks during an on-site inspection at the shipyard Monday, where he was briefed on the shipyard's ongoing upgrades …
By Lee Mi-seon, administrator of the Korea Meteorological Administration Could an earthquake in Japan cause high-rise buildings in South Korea, hundreds of kilometers away, to sway? When an earthquake occurs, we first check its epicenter and magnitude. However, in modern society, where high-rise buildings are common…
A woman from central China has moved many online after inviting her ex-mother-in-law to live with her following the deaths of her ex-husband and ex-father-in-law. Lin, from Henan province, recently flew more than 1,000km to Guangdong province in southern China to bring her ex-mother-in-law to live with her, despite …
The Tibetan Plateau, home to the world’s largest expanse of alpine permafrost, is warming at about twice the global average but, counter-intuitively,researchers have found that ice in parts of the Tibet autonomous region is actually thickening. A team from Peking University found that shallow ground ice has unexpect…
North Korea said Wednesday that dialogue with the United States remains an option for peace, but that it would not be necessary for its own interest while again stressing the US' accusation of its involvement in a major cryptocurrency theft as a sign of Washington's hostility toward Pyongyang. Kim Yo-jong, the power…
Follow the SCMP’s live coverage here The United States’ midterm elections are unlikely to deliver a “disruptive” shock to relations between Beijing and Washington despite potential volatility over the issue of Taiwan, according to a prominent mainland Chinese expert in US studies. Chen Dongxiao, president of the Sha…
Nationality: Korea Materials: Paper Dimensions: First panel: 541.0 × 145.5 cm, second panel: 543.0 × 137.0 cm, third panel: 541.0 × 180.0 cm, fourth panel: 543.0 × 126.0 cm This is a rubbed copy of the epitaph on the monument to King Gwanggaeto, which his son King Jangsu erected in 414 (the 3rd year of his reign) to…
Senior officials of South Korea and Switzerland have discussed bilateral cooperation and the situation on the Korean Peninsula following the Swiss foreign minister's recent visit to North Korea, Seoul's foreign ministry said Wednesday. Deputy Foreign Minister for Political Affairs Chung Eui-hae held the seventh roun…
Binance, the world's largest cryptocurrency exchange, said Tuesday that hackers used fake job interviews and an internal artificial intelligence tool in a cyberattack that resulted in the theft of more than $6 billion in digital assets last week. The US Federal Bureau of Investigation's has attributed the theft to N…
North Korea fired an unidentified projectile toward the East Sea on Wednesday, the South Korean military said. The Joint Chiefs of Staff (JCS) said it detected the launch, without elaborating. The latest launch came after the North fired around a dozen short-range ballistic missiles toward the East Sea from the Wons…
South Korea's Hanwha Group has appointed a new president of its Philadelphia shipyard in the United States, as the conglomerate seeks to expand its US naval shipbuilding operations, according to the company. Kim Hyuk has been named president of Hanwha Philly Shipyard, effective Monday, succeeding David Kim, who help…
As concerns over the financial health of a state-owned conglomerate rattled China’s bond market over the past week, analysts said its challenges reflected the lasting toll of the country’s prolonged property crisis, with local governments struggling to find sustainable alternatives beyond real estate to support thei…
A popular Soviet joke goes like this: a factory worker was caught stealing parts, piece by piece, to assemble a sewing machine for his wife at home. When the interrogator asks whether he ever managed to put it together, the worker sighs: “No matter how many times I reassemble it, I keep ending up with a Kalashnikov …
North Korea launched several missiles toward the East Sea on Wednesday, South Korea's Joint Chiefs of Staff said. The JCS did not immediately disclose the exact number of missiles launched, their flight distances or other specifications. If confirmed to be ballistic missiles, Wednesday's launch would mark North Kore…
SEOUL — The powerful sister of North Korea's leader is warning the United States that her country will mount a stronger response to Washington's 'invariable hostile policy' toward Pyongyang, the state news agency KCNA reported Wednesday.
China is helping to train Solomon Islands police to use water cannons as part of an ongoing security partnership that is viewed with scepticism by the West. The Chinese embassy said on Tuesday that six officers from the Royal Solomon Islands Police Force took part in a week-long training exercise, without giving dat…
'Made In China' Hypercar Crashes In 300-MPH Test-Run Chinese automotive news website CarNewsChina reports that BYD's Yangwang U9 Xtreme supercar crashed on a closed-loop track in China while attempting to reach a mind-boggling 500 kilometers per hour, or about 311 miles per hour.Footage of the $3 million Yangwang U9…
Shanghai scrap collector Li Jie has a problem, one which would appear unusual to most: trash is getting too valuable. “Ordinary recyclables like cardboard and plastic are now hard to come by,” he said. “Their prices have risen so much that there are so many collectors, including many companies.” The wave of new play…
BMW ADRs Tumble On Full-Year Outlook Cut, China Demand Woes Add BMW to the growing list of European automakers slashing forecasts due to softening demand, especially in China.BMW's ADRs fell 5% late in the US cash session after news that the struggling automaker slashed its full-year automotive profit outlook to aro…
MANILA, Philippines — Malacañang denied that the Philippines used its position as host of the Association of the Southeast Asian Nations (ASEAN) summit to hinder the participation of China.
Amid continuously escalating tensions, Chinese Foreign Minister Wang Yi on Tuesday accused a handful of Philippine politicians of “egregious, irrational and intolerable” conduct, urging Manila to rein in their anti-China rhetoric, state media reported. Wang made the remarks during a phone conversation with Philippin…
Originally published by Pacific Forum, this article is republished with permission. Sanae Takaichi has just completed her first year as Japan’s prime minister. It has been a good one: She has retained stratospheric popularity (for a Japanese prime minister), avoided major gaffes and crises and handled problems that …