SEOUL—The United States and China reached an agreement Wednesday on imposing new U.N. sanctions on North Korea for its recent nuclear test and long-range missile launch. Details have yet to be released on the proposed measure. The U.N. Security Council is set to hold closed consultations on the issue Thursday. The U.S.-China agreement is expected […]
State-run Iranian media outlets have raised $600,000 to add to the bounty for the killing of British author Salman Rushdie, according to reports from the semi-official Fars news agency. This is biggest increase in the bounty since its inception 27 years ago. The latest hike reportedly brings the total award close to $4 million. The […]
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 […]