Commentary:The 2018 Winter Olympics has brought the two Koreas a fragile détente, and turned the spectacle of North-South engagement in Pyeongchang into a subject of global fascination. But, writes former Assistant Secretary of State James Dobbins, “It is worth recognizing that all the main actors in this drama are playing roles pioneered by earlier generations of Korean and American leaders.” Today, according to Dobbins, “Kim Jong Un is not so much trying to divide South Korea from the United States as he is seeking to influence Washington through Seoul.”
Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People’s Bank of China, according to three sources with knowledge of the situation.
Cheerios cereal maker General Mills will buy Blue Buffalo Pet Products for nearly $8 billion, seeking to tap burgeoning demand for natural pet food and offset falling sales for processed items.
The numbers behind Tesla long-distance Semi electric trucks are close to making sense for hauliers looking at a shift away from diesel that may save them tens of thousands of dollars a year, according to an executive with DHL.
U.S. stock index were higher as bond yields retreated for the second straight day, with investors also focusing on speeches by Federal Reserve officials for their views on interest rates.
