It is the 20th of August 2017

News

North Korea Test-Fires Another Ballistic Missile

On the eve of a summit in Beijing, and just hours after Pyongyang's chief nuclear negotiator said North Korea is ready to hold talks with the United States "if the conditions are mature", South Korea's Yonhap reports that North Korea has fired one projectile, believed to be a ballistic missile from a region north of Pyongyang.

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Bank of China ATMs Go Dark As Ransomware Attack Cripples China

In the aftermath of the global WannaCry ransomware attack, which has spread around the globe like wildfire, a significant number of corporations and public services have found their infrastructure grinding to a halt, unable to operate with unprotected if mission-critical computers taken offline indefinitely. Some of the more prominent examples so far include:

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Spot The Odd One Out

After this week's mixed inflation data, China's 10Y bond yield rose to its highest since Dec 2014, industrial metals stumbled to 2017 lows, and Chinese stocks slumped.

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China Warns Washington Its Latest Missile Can Sink A US Aircraft Carrier

China recently tested a new, advanced type of guided missile in the sea near the Korean peninsula, the Chinese defense ministry said Tuesday cited by the Times of India, just as South Korea concluded its presidential elections amid rising regional tensions. The test in the Bohai Sea was conducted to “raise the operational capability of the armed forces and effectively respond to threats to national security,” the ministry said in a brief statement. The statement did not say when the launch took place, only that it happened “recently”, nor did it give any details about the missile nor the type of platform from which it was launched.

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Nasdaq's "Big 5" Stocks Near $3 Trillion Market Cap

Since President Trump was elected - much to the heart-crushing chagrin of the billionaire class in Silicon Valley and its epic funding of Hillary - the big 5 stocks of the Nasdaq (Alphabet, Amazon, Apple, Facebook, and Microsoft) have gained a stunning $675 billion in market cap.

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