N Korean media issue threat to 'wipe out' US

April 24, 2017

Seoul, Apr 24: An official North Korean website warned today that Pyongyang will "wipe out" the United States if Washington starts a war on the peninsula, the latest tit- for-tat sabre-rattling that has sent tensions soaring in the region.

Korea

The US supercarrier Carl Vinson will arrive in waters off the Korean peninsula "in a matter of days", Vice President Mike Pence said Saturday, amid reports the North could be preparing a sixth nuclear test.

Pyongyang is still believed to be far from reaching its aim of building a missile capable of reaching the US mainland, but the secretive nation has ramped up its rhetoric in recent weeks and has carried out two rocket tests this month alone.

In a series of editorials the Rodong Sinmun newspaper -- the official mouthpiece of the ruling Workers' Party -- said the North's forces were undeterred and called the US strike group's imminent arrival "undisguised military blackmail".

"Such threat may startle a jellyfish, but can never work on the DPRK," it said today, using the country's official name, the Democratic People's Republic of Korea.

A day earlier it said the North's revolutionary forces were "combat-ready to sink the US nuclear aircraft carrier with a single strike".

Pyongyang's rhetoric intensifies every spring when the US and South Korea hold joint exercises it sees as rehearsals for an attack on the North.

A separate editorial on the North's propaganda website Uriminzokkiri today claimed that the dispatching of the Carl Vinson signalled a war: "It is proof that an invasion of the North is nearing day by day."

The editorial, described as being written by an army officer, said it was a "big miscalculation" for Washington to compare the North to Syria, which did not launch an "immediate counterattack" after a US cruise missile strike earlier this month.

In the event of an attack, it said, "The world will witness how Washington's rash nuclear aircraft carriers are turned into a huge pile of steel and buried at sea and how a country called America is wiped out from the Earth."

There is speculation the North may conduct another test to mark the 85th anniversary of the founding of its Korean People's Army (KPA) on Tuesday.

But it has never tested an intercontinental ballistic missile with sufficient range to reach the continental United States -- although it has ambitions to develop one -- nor is it known to have miniaturised atomic technology sufficiently to be able to fit a nuclear warhead on a rocket.

US officials have repeatedly warned that "all options are on the table" to curb the North's weapons ambitions, including military strikes.

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News Network
April 27,2020

London, Apr 27: British Prime Minister Boris Johnson returns to work on Monday more than three weeks after being hospitalised for the coronavirus and spending three days in intensive care.

Johnson, one of the highest-profile people to have contracted the virus, returned to 10 Downing Street on Sunday evening and will chair a meeting on Monday morning of the coronavirus "war cabinet", his colleagues confirmed.

Dominic Raab, the foreign secretary who has deputised in Johnson's absence, told the BBC on Sunday that his return would be a "boost for the government and a boost for the country".

Raab also claimed the prime minister was "raring to go".

Johnson, 55, was admitted to hospital on April 5 suffering from "persistent symptoms" of the deadly disease.

His condition worsened and he later admitted after being put in intensive care that "things could have gone either way".

He was discharged on April 12 and has been recuperating at his official residence, west of London.

In a video message after leaving hospital, Johnson thanked "Jenny from New Zealand and Luis from Portugal" for helping him recover.

On medical advice, he has not been doing official government work during his convalescence but has spoken to Queen Elizabeth and US President Donald Trump on the phone.

The British leader was diagnosed with the virus late last month but initially stayed at Downing Street and was filmed taking part in a round of applause for health workers in the days before he went to hospital.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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News Network
April 19,2020

Washington, Apr 19: President Donald Trump has expressed his doubts over the official Chinese figures on the number of deaths in their country due to the novel coronavirus pandemic, claiming that the fatalities were way ahead of the US.

Trump's comments come two days after another 1,300 fatalities were added to the official count in the city of Wuhan, where the outbreak started. The revision puts China's overall death toll to more than 4,600.

"We are not number one; China is number one just so you understand," Trump told reporters at a White House news conference on Saturday. "They are way ahead of us in terms of death. It's not even close."

According to Trump, when highly-developed healthcare systems of the UK, France, Belgium, Italy and Spain had high fatality rates, it was O.33 in China.

The president asserted that the actual number was much more than the official Chinese death toll figures, which he said were "unrealistic".

"You know it, I know it and they know it, but you don't want to report it. Why?" he asked. "You will have to explain that. Someday I will explain it."

He also highlighted that on a per-capita basis, the mortality rate in the US was far lower than other nations of Western Europe.

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