US may take forceful action on North Korea: Rand
Washington could undertake missile launchers and bomber overflies in response to North Korea's second ICBM test, warned Bruce Bennett of Rand.
Washington could undertake missile launchers and bomber overflies in response to North Korea's second ICBM test, warned Bruce Bennett of Rand.

There is no link between North Korea's nuclear programme and China-U.S. trade, a senior Chinese official said on Monday, after U.S. President Donald Trump said China had done nothing for the United States on North Korea. Trump, in tweets on Saturday, said America's "foolish past leaders" had allowed China to make billions of dollars a year in trade and that he was disappointed in Beijing for not solving the problem. Trump made the comments after North Korea said it had conducted another successful test of an intercontinental ballistic missile (ICBM) that proved its ability to strike America's mainland.

Sprint proposed a merger with Charter as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc (TMUS.O) that has so far not come to fruition, sources familiar with the matter told Reuters on Friday. Japan's SoftBank Group Corp (9984.T), which controls Sprint, proposed a complex transaction that would create a new company and be controlled by SoftBank, the sources said. "We understand why a deal is attractive for Softbank, but Charter has no interest in acquiring Sprint," the spokesman said in an email to Reuters on Sunday.
Sprint proposed a merger with Charter as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc that has so far not come to fruition, sources familiar with the matter told Reuters on Friday. Japan's SoftBank Group Corp, which controls Sprint, proposed a complex transaction that would create a new company and be controlled by SoftBank, the sources said.
Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures (LCOc1), the international benchmark for oil prices, were at $52.67 per barrel at 0247 GMT on Monday, up 15 cents or 0.3 percent. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were up 16 cents, or 0.3 percent, at $49.87 per barrel, the highest since June 30.
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Gold prices on Monday held around their highest in nearly seven weeks as tensions on the Korean peninsula boosted safe-haven demand for the metal and as the U.S. dollar hovered close to multi-month lows. The United States flew two supersonic B-1B bombers over the Korean peninsula in a show of force on Sunday and the U.S. ambassador to the United Nations said China, Japan and South Korea needed to do more after Pyongyang's latest missile tests. "I think (the market) is cautious about the situation in North Korea and investors tend to go long on gold (at times like these)," said Yuichi Ikemizu, Tokyo branch manager at ICBC Standard Bank.