September 12, 2017 / 11:00 AM / 5 months ago

Tuesday Morning Briefing

The U.N. voted to step up sanctions on North Korea, Apple is set to unveil a new anniversary iPhone and millions remain without power in Florida after Hurricane Irma.

North Korea

Major U.S. allies in Asia welcomed the U.N. Security Council’s unanimous vote to step up sanctions on North Korea, with its profitable textile exports now banned and fuel supplies to the reclusive North capped after its sixth nuclear test. Japan and South Korea said after the passage of the U.S.-drafted Security Council resolution they were prepared to apply more pressure if Pyongyang refused to end its aggressive development of nuclear weapons and ballistic missiles. here

China's big banks halt services for North Koreans, tellers say here

South Korea says North Korea must stop challenging peace, end nuclear program here

Although it has involved disturbing events — ballistic missile launches, nuclear weapons tests, military exercises, inane bombast — the North Korean "crisis" of recent months is largely an invented one, writes columnist John Mecklin. Mecklin, the editor of the Bulletin of the Atomic Scientists, says there "is no definitive, publicly available proof that North Korea has a missile with the range to strike the continental United States, a miniaturized nuclear warhead to mate with it, and the shielding technology to make sure the warhead survives the heat and pressure of reentry to the atmosphere." That doesn't mean Kim Jong Un's weapons program isn't dangerous, but there's an "undeniable reality of mutual deterrence" between Pyongyang and the United States, says Mecklin. here

Florida

Parts of the storm-ravaged Florida Keys will allow residents to return to survey damage from Hurricane Irma, which devastated the state with high winds and storm surges that destroyed homes and left millions without power. Downgraded to a tropical storm early on Monday, Irma had ranked as one of the most powerful Atlantic hurricanes. It caused record flooding in parts of Florida after it left a path of deadly destruction on several Caribbean islands. here

Rum, guns and tea: Unfazed Floridians don't let Irma dampen spirits here

With 7.4 million without power, utility workers get respect here

World stocks hit record highs as Irma weakens here

Technology

A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV. here

Seven stocks to watch during the iPhone launch here

Samsung says Galaxy Note 8 pre-orders highest among Note series here

Carmakers face electric reality as combustion engine outlook dims here

Japan trials driverless cars in bid to keep rural elderly on the move here

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Fashion week attendees pet a dog outside a venue where New York Fashion Week shows are held in the Manhattan borough of New York City, U.S., September 10, 2017. REUTERS/Joe Penney

Business

Rupert Murdoch’s Twenty-First Century Fox joined a court challenge against rival U.S. cable network CBS Corp’s proposed buyout of struggling Australian television broadcaster Ten Network. here

Bosch sees driver-assistance sales growing to 2 billion euros by 2019 here

UK watchdog warns consumers on cryptocurrency fundraisings here

Breakingviews - China’s “insurtech” star over-stresses the tech here

World

Australia launched a postal vote on whether to legalize same-sex marriage as a widely watched poll indicated the country would be overwhelmingly in support. The non-compulsory ballot, which runs until the end of October, will determine whether Australia becomes the 25th country to legalize same-sex marriage, while also healing a rift in the government. here

Iraqi parliament rejects Iraqi Kurdish referendum: lawmakers here

U.S. rejects Cambodian accusations, calls for opposition leader's release here

Japan's Abe to launch $17-billion Indian bullet train project as ties deepen here

Reuters TV: Norway conservatives win close election

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Myanmar faces mounting pressure over Rohingya refugee exodus here

From refugee camp to runway, hijab-wearing model breaks barriers here

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