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    China confirms Xi to visit US this week for Trump talks

    BEIJING — China's leader Xi Jinping will visit the United States this week for talks with President Donald Trump, Beijing confirmed on Monday. Xi will be there from Wednesday to Friday, a government statement said. Foreign ministry spokesman Guo Jiakun said the two leaders would "have an in-depth exchange of views on major issues concerning China-U.S. relations and world peace and development." Beijing would "work with the U.S. to enrich the substance of the relationship of constructive strategic stability between China and the U.S., strengthen dialogue and cooperation, (and) properly manage differences," he added. Washington had already made clear that the leaders of the world's two biggest economies were due to meet this week, in what is expected to be a bid to ease tensions over trade, technology and broader strategic issues. Trump will personally welcome Xi at Joint Base Andrews on Wednesday before their meetings the following day, a U.S. official confirmed. The U.S. leader was welcomed by China's vice president when he landed in Beijing for his state visit in May. "I'll be discussin

    2 MIN READBy AFP
    China confirms Xi to visit US this week for Trump talks
  • World

    Wall Street nears record as oil prices, bond yields ease

    3 MIN READBy AP
    Wall Street nears record as oil prices, bond yields ease
  • World

    US networks halt Trump coverage over White House ban

    2 MIN READBy AFP
    US networks halt Trump coverage over White House ban
  • World

    AMD joins $1 trillion club as chipmakers rally on AI-driven demand

    2 MIN READBy Reuters
    AMD joins $1 trillion club as chipmakers rally on AI-driven demand
  • World

    Google opens pre-orders for $899 Googlebook laptops built around Gemini AI

    1 MIN READBy Reuters
    Google opens pre-orders for $899 Googlebook laptops built around Gemini AI
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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

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World

Trump says Ukraine, Russia agree not to hit energy targets

WASHINGTON — U.S. President Donald Trump said Monday that Ukraine and Russia had agreed not to target each other's energy facilities, a day after he chastised Kyiv for hitting Russian oil refineries. "Ukraine has agreed not to hit Russian Energy targets. Russia has agreed to do, likewise!" Trump said on his Truth Social network. "The World's Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran." There was no immediate confirmation from Kyiv or Moscow of any deal. Trump's claim comes as oil prices continue to soar in the seventh month of the Iran war, raising American fuel costs and inflation just weeks before crunch U.S. midterm elections. The U.S. leader has insisted that the Iran war will finish immediately after the midterms and gas prices will drop — but has in the meantime apparently found a new target to blame for the cost at the pump. Trump had lashed out at Ukraine's President Volodymyr Zelensky during a trip to Ireland on Sunday, saying he had to do "one thing" and "stop knocking out diesel fuel" refineries in Russia due to growing shortages. "Let him go afte

Sep 15, 2026By AFP
Trump says Ukraine, Russia agree not to hit energy targets
World

China bristles at Anthropic CEO's 'fearmongering' about its AI development

BEIJING — China's Ministry of Foreign Affairs on Monday bristled at the Anthropic CEO's call for the U.S. to curb China's artificial intelligence capabilities as part of a wider argument for a global slowdown on AI development. In a lengthy essay published on Saturday, Dario Amodei warned that a “Chinese lead in AI would pose grave danger for the United States and the world.” To enable the U.S. to keep its technological edge, Amodei called for maintaining restrictions on sales to China of the most advanced AI chips and chipmaking equipment. A spokesperson for China’s Ministry of Foreign Affairs said Amodei's dire warnings about China were counterproductive and that all parties should work together on AI. “Fearmongering, confrontation and vicious competition will only disrupt the process of global AI governance -- which serves no one’s interest,” spokesperson Guo Jiakun said at a press conference in response to a question about Amodei’s essay. For their part, Chinese leaders have also sounded the alarm about AI, warning of the risks posed by foreign entities with advanced

Sep 15, 2026By AP
China bristles at Anthropic CEO's 'fearmongering' about its AI development
World

US Treasury yields are rising — why does it matter?

NEW YORK — A selloff in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget alike. Here is a look at what has driven this trend, and its impact on consumers, companies, the U.S. government and global markets. Why have yields been rising? Investors point to several forces behind the move, which has sent the 30-year yield to its highest mark in nearly two decades: mounting government borrowing that markets must absorb, resilient economic growth, inflation risks from Middle East energy disruptions and the potential for the U.S. Federal Reserve to keep interest rates higher. There are also growing questions about foreign appetite for U.S. debt, with some foreign investors showing signs of diversifying away from Treasuries. Heavy corporate borrowing for data centers and AI-related investment has increased competition for investor capital. Some also see a potential "bond vigilante" moment in which investors sell Treasuries to push back against fiscal or monetary policy, though skeptics say today's bond market

Sep 15, 2026By Reuters
US Treasury yields are rising —  why does it matter?
World

Yield on 10-year US Treasury note at 5% for 1st time since 2023

NEW YORK — The yield on the 10-year U.S. Treasury note hit five percent Monday as oil prices rose further amid a Middle East war that has exacerbated the inflation outlook. Near 1430 GMT, the yield stood at 5.01 percent, its highest level since October 2023. The move in the bond market came as oil prices advanced about four percent after Saudi Arabia shut its East-West pipeline — a key export route with Iran's effective closure of the Strait of Hormuz — following drone attacks by Yemen's Houthis. The rise in oil prices, which means both major crude contracts now stand above $100 a barrel, has contributed to expectations that the Federal Reserve will lift interest rates on Wednesday to counter inflation. The yield on the 30-year U.S. Treasury bond is currently at its highest level in nearly 20 years. Besides higher oil prices, analysts have pointed to the U.S. budget deficit and the artificial intelligence boom as factors that have flooded the bond market, pushing rates higher.

Sep 15, 2026By AFP
Yield on 10-year US Treasury note at 5% for 1st time since 2023
World

Global AI stocks fall as industry chiefs call for slowing development

AI-linked stocks plunged worldwide on Monday after leaders of the biggest artificial intelligence companies warned of risks from rapid development, the starkest threat yet to the billions of dollars being poured into the industry that have driven world markets to record highs. The selloff rippled through the industry, where companies are increasingly relying on debt and circular financing to fund ambitious AI spending plans even as global borrowing costs, reflected in multi-year-high bond yields, continue to rise. Anthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said they agree with Amodei. Altman also said the company would not proceed with an IPO this year, citing safety concerns. Wall Street's elite tech index, the Nasdaq 100, slid 1.2 percent to a six-week low in early trading as chip stocks, which have led the AI sugar rush, fell the most. "If this does lead to sor

Sep 15, 2026By Reuters
Global AI stocks fall as industry chiefs call for slowing development
World

Trump dismisses need for guardrails as a 'SICK conspiracy' against AI

WASHINGTON — President Donald Trump said Monday that he would be a sufficient guardrail against rogue artificial intelligence, claiming that any efforts to limit the technology was part of a “SICK conspiracy.” Trump was pushing back against calls by tech leaders such as Anthropic's Dario Amodei, OpenAI's Sam Altman and Elon Musk to have greater government oversight of AI. Their goal is to ensure the technology is developed in ways that promote safety, address legal liability, feed economic growth, advance science and preserve national security. The president maintained that his presence in the Oval Office should assuage any fears about AI, which has become a source of controversy after a series of hacks in recent months that showed AI agents could be working to deceive humans. “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!” Trump posted on social media. Trump specifically said that the administration has already stopped the AI company Anthropic “from doing bad, or potentially bad” things. A

Sep 15, 2026By AP
Trump dismisses need for guardrails as a 'SICK conspiracy' against AI
World

Sweden may wait long for new gov't as opposition has narrow lead in tight election

STOCKHOLM — Sweden may face a long wait for a new government as preliminary election results on Monday showed a thin and still-uncertain lead for the left-leaning opposition, while a hard-right anti-immigration party saw its support slip. With nearly 95 percent of districts counted, the Swedish Election Authority reported that the four opposition parties were heading for 176 seats in the 349-seat parliament in Stockholm, the Riksdag, with 173 seats going to the four parties that make up or support the outgoing conservative-led government. But the outcome may not be clear until early votes, including overseas ballots, which didn't make it to polling stations by Election Day, are counted on Wednesday. It could be much longer until it's clear who will run NATO's newest member for the next four years. Sweden, a country of about 10.6 million inhabitants, is also a member of the European Union. Negotiators will have to overcome red lines Former Prime Minister Magdalena Andersson’s center-left Social Democrats were set to finish as the biggest single party, despite losing some support, and A

Sep 14, 2026By AP
Sweden may wait long for new gov't as opposition has narrow lead in tight election
World

Poland pledges to strengthen security after drone strikes along border with Ukraine

WARSAW, Poland — Poland pledged increased security along its border with Ukraine after a wave of Russian drone strikes near the frontier, including two that landed within kilometers of Polish territory. The move came as Polish Prime Minister Donald Tusk warned that Moscow appears poised to intensify its campaign against Ukraine’s borders with European countries. Ukraine is under mounting pressure from Russia’s intensifying air campaign that uses ballistic missiles and jet-powered drones to pierce defenses. “These coming weeks and months will be a time of very intensified actions on the Russian side, and unfortunately we cannot rule out that this escalation will also affect our territory,” Tusk said Sunday after a governmental security briefing in Warsaw. He issued a similar warning on Thursday. Defense Minister Władysław Kosiniak-Kamysz said Monday in a post on X that the Polish army recovered what was believed to be a Russian military drone from the Baltic Sea near the coastal village of Jaroslawiec. Polish officials said intelligence reports, including a CIA briefing last w

Sep 14, 2026By AP
Poland pledges to strengthen security after drone strikes along border with Ukraine
World

Russian drone hits train near Ukraine-Poland border soon after visiting dignitaries passed through

KYIV, Ukraine — A Russian drone struck a train near the Ukraine- Poland border on Sunday shortly after senior visiting officials — including the former prime ministers of the U.K. and Sweden — passed through, Ukraine’s state rail operator said. According to Ukrzaliznytsia, a diplomatic train carrying Boris Johnson , Carl Bildt and security advisers from several European Union states had purposely left the station at Yahodyn ahead of schedule. The visitors were on their way back from a security conference in Kyiv. “It is highly probable that the Russian drone ’s intended target was in fact the diplomatic train, which had departed the station earlier than scheduled,” the company said in a Telegram post. Bildt, the former Swedish PM, shared a video on X of the attack at Yahodyn station, near the Yahodyn-Dorohusk border crossing with Poland. “This wasn't our train, but the one just minutes after us by the Polish border crossing,” Bildt said. “It was evacuated as the Russian drone approached and no one was hurt. Very good safety system. Our train just had an evacuation war

Sep 14, 2026By AP
Russian drone hits train near Ukraine-Poland border soon after visiting dignitaries passed through
World

Trump calls on Ukraine to halt strikes on Russian diesel fuel, citing global shortage

KYIV, Ukraine — U.S. President Donald Trump on Sunday called on Ukrainian President Volodymyr Zelenskyy to halt strikes on Russian oil refineries and other infrastructure used to produce and distribute diesel, saying the attacks are causing a global shortage. He spoke after diesel prices in the U.S. hit a record on Friday, soaring past $6 a gallon on average. Ukraine has for months been targeting Russia’s oil and gas industry with long-range strikes, prompting fuel rationing across the country and causing Moscow to ban diesel exports in July, removing supplies from the already tight global market. But the global crunch also came after the war on Iran curtailed oil shipments through the Strait of Hormuz. Fuel prices are weighing on Americans as they prepare to vote in midterm elections in November. Trump was asked by a reporter if he had spoken with Zelenskyy following his recent conversation with Russia’s Vladimir Putin. He responded by calling on Zelenskyy to halt strikes against Russia. “Mr. Zelenskyy has to do one thing. He has to stop knocking out diesel fuel in Russia,” Tru

Sep 14, 2026By AP
Trump calls on Ukraine to halt strikes on Russian diesel fuel, citing global shortage
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