SEOUL - Veteran North Korean diplomats are being sidelined from nuclear talks ahead of a second summit with the United States as recent defections and allegations of spying undermine the trust of leader Kim Jong Un, South Korean officials and experts say.
Business & Financial News, U.S & International Breaking News
Wall St. muted with focus on trade talks, Fed minutes
U.S. stocks were little changed on Wednesday as investors weighed the latest developments in trade talks between the United States and China, while waiting for minutes from the Federal Reserve's January policy-setting meeting.
UBS to appeal after fined 4.5 billion euros in French tax fraud case
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties.
Amid trade talks, China urges U.S. to respect its right to develop, prosper
The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open wider.
UK's May back in Brussels, hit by defections over Brexit
British Prime Minister Theresa May headed to Brussels on Wednesday to seek more concessions from a skeptical European Union but the surprise defection of three pro-EU lawmakers from her Conservative Party undermined her Brexit strategy.
U.S. high court buttresses constitutional ban on 'excessive fines'
In a decision that may curb the rise of financial penalties and property seizures in the U.S. criminal justice system, the Supreme Court on Wednesday for the first time ruled that the U.S. Constitution's ban on "excess fines" applies to states as well as the federal government.
Schools shut, flights canceled as storm sweeps U.S. Midwest, East Coast
A winter storm swept across much of the U.S. Midwest and East Coast on Wednesday, hampering air travel and prompting officials to close federal offices in Washington and several large public school systems.
Exp: Feb 19
Exp: Feb 19
Exp: Feb 19
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