DOOMED ESCAPE Kim Cheol Ok, who is about 40, crossed into China in the 1990s as North Korea endured devastating food shortages, Kim Kyu-li said. She was sold into marriage with a much older Chinese man, had a daughter with him and spent decades in legal limbo. After a bout…

The yen hit a fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday (Apr 25) as investors expect a Bank of Japan (BOJ) policy meeting that ends on Friday to not be hawkish enough to support the Japanese currency. A day earlier, the buoyant dollar broke above the 155 yen level for the first time since 1990 after trading in a tight range over several days. On Thursday, the…

Singapore

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SINGAPORE: A 51-year-old American man who was extradited to Singapore last year was sentenced to 39 months’ jail on Thursday (Apr 25) for running a fraudulent multi-million dollar foreign exchange investment scheme. Michael Philip Atkins, whose scheme collected about S$18 million (US$13.2 million) from more than 1,000 investors, was convicted of…

In addition to business leaders, Blinken will also meet with local officials and students before heading to Beijing for talks on Friday with his counterpart, Foreign Minister Wang Yi, and a likely meeting with President Xi Jinping. Blinken also attended a basketball game and dined at a steamed bun restaurant…

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TOKYO :The yen’s slide to fresh 34-year lows is likely to force Bank of Japan Governor Kazuo Ueda to walk a delicate line in guiding monetary policy this week as he tries to maintain a calibrated path to exiting ultra-easy rates without upending the currency. The BOJ chief will be…

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