Volkswagen managers do not expect an agreement with U.S. authorities on the emissions-rigging scandal before the end of March, according to a German media source. The reporting follows a raid by South Korean prosecutors on the local offices of Volkswagen Friday as part of their investigation into the scandal. South Korean investigators seized computer hard […]
Iran rejected appeals Wednesday from other oil-producing states to curb its oil exports to try to end the plunge in world crude oil prices, instead saying it intends to increase production. Iran’s envoy to the Organization of the Petroleum Exporting Countries, Mahdi Asali, said Tehran intends to step up exports until they reach the level […]
BEIJING—China has deployed an advanced surface-to-air missile system to one of the disputed islands it has claimed in the South China Sea, a move that is likely to increase tensions among China and its neighbors. Officials in Taiwan and the United States say China has deployed surface to air missiles on a disputed island Beijing […]
South Korea said it is suspending all activities at an industrial complex it operates jointly with North Korea, in response to the North’s recent nuclear test and rocket launch. Unification Minister Hong Yong-pyo told reporters Wednesday that Seoul is taking the action to prevent Pyongyang from using the proceeds from the Kaesong Industrial Complex to fund […]