U.S. decision on Iran unlikely to affect North Korea talks:Trump's decision to withdraw from the Iran deal is unlikely to affect his talks with North Korea's Kim Jong Un. There are key geopolitical differences between the two countries, writes Katharine H.S. Moon, and those who worry that the administration’s break with the JCPOA sends the wrong signals to Pyongyang "overstate the impact of the U.S. withdrawal."
Bank of England governors are too powerful for their own good:Governor Mark Carney, who was busy fielding questions from the press about the BoE’s decision on interest rates, oversees several powerful committees in his role as the central figure in determining British monetary policy. "That’s too much power to confer on one person, however gifted, and one institution, however gilded," writes Paul Wallace.
Trump will meet 10 major automakers at the White House to discuss the fate of landmark fuel efficiency standards and a looming confrontation with California and other major states.
U.S. activist fund Elliott Management said it will vote against Hyundai's restructuring plan and urged other shareholders to reject the proposal to reform South Korea’s second-largest conglomerate.
Mazda Motor has named the head of its Americas operations as its next president and CEO after its current chief steps down in June, as Japan’s fifth-largest automaker seeks to expand in North America, its biggest market.
General Motors’ South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank said, offering a more subdued outlook for the troubled unit compared with the U.S. automaker which sees a profit from 2019.
