Official: N. Korea leader unlikely to visit Seoul this month
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un's return visit to Seoul appears unlikely to take place this month, a senior South Korean official said. Kim and South Korean President Moon Jae-in had agreed on Kim's visit to Seoul "in the near future" following their September summit in Pyongyang. Moon later said that Kim would come "within this year." Kim's possible trip to Seoul has been the focus of media attention in South Korea in the past two weeks. The presidential Blue House on Thursday quoted senior presidential adviser Yoon Young-chan as saying in a text message to local reporters on Wednesday that Kim's visit this year was "difficult."
Arrest of Nissan star Ghosn raises speculation over coup
TOKYO (AP) — The surprise arrest of Nissan's former chairman on charges of falsifying financial reports is providing a window into possible corporate intrigue at the Japanese automaker. Japanese media and some analysts have raised the possibility that the charges against Carlos Ghosn were engineered to sideline him and give Nissan an excuse to end a lopsided alliance with French automaker Renault SA. "What is fascinating about this story is the politics of it," said Egor Matveyev, an assistant professor of finance at the MIT Sloan School of Management. "It certainly appears that it wants more power and control within the alliance. This whole situation may give Nissan the opportunity to reset, and to put all the blame on Renault and Ghosn."
Celebrities flock to Indian business scions' lavish wedding
NEW DELHI (AP) — In a season of big Indian weddings, the Wednesday marriage of two business scions is set to be the biggest of them all. The bride, Isha Ambani, is the Ivy League-educated daughter of industrialist Mukesh Ambani, thought to be India's richest man. Forbes estimates his net worth at over $43 billion. The groom, Anand Piramal, is the relative pauper. His father, industrialist Ajay Piramal, is thought to be worth $10 billion.
China says no information on detained ex-Canadian diplomat
BEIJING (AP) — China's Foreign Ministry says it has no information about a former Canadian diplomat believed to have been detained in Beijing in retaliation for Canada's arrest of a leading Chinese executive. While declining to confirm the detention of Michael Kovrig, ministry spokesman Lu Kang says the International Crisis Group for whom he is an analyst based in Hong Kong was not registered in China and its activities in the country would be illegal. The International Crisis Group says Kovrig, who previously was a diplomat in China and elsewhere, was taken into custody by the Beijing Bureau of Chinese State Security on Monday night during one of his regular visits to Beijing.
US returns 3 war bells seized from Philippines a century ago
MANILA, Philippines (AP) — Three church bells seized by American troops as war trophies more than a century ago were returned to the Philippines on Tuesday in a move long demanded by Filipino leaders, including the current president, who is critical of Washington and has moved closer to China. U.S. defense officials and the American ambassador handed back the Bells of Balangiga to the Philippine defense chief in a solemn ceremony at an air force base in the capital, closing a dark episode in the treaty allies' love-hate relationship.
Detention of Nissan's Ghosn extended through Dec. 20
TOKYO (AP) — A Tokyo court ruled Tuesday that Nissan Motor Co.'s former chairman, Carlos Ghosn, and another executive will remain in custody through Dec. 20, more than a month after their arrest. Their detention could continue for months more under the Japanese legal system. Ghosn's lawyer filed a protest with the court against the prolonged detention, the Tokyo District Court said. The court decision comes a day after Ghosn, fellow Nissan executive Greg Kelly and Nissan Motor were charged with violating financial laws by underreporting Ghosn's pay by about 5 billion yen ($44 million) in 2011-2015. They were arrested on Nov. 19 and are being held at a Tokyo detention center.