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Kim’s powerful sister slams South Korea’s ‘stupid’ disarmament-for-aid deal offer

Bloomberg The influential sister of North Korean leader Kim Jong Un rejected a disarmament-for-aid deal offered by South Korea’s president, calling it a “stupid” plan and dismissing the idea of engaging with Seoul. Kim Yo Jong told South Korean President Yoon Suk Yeol to “stop dreaming in vain,” the state’s official Korean Central News Agency reported Friday. The comments added ...

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Myanmar military junta announces cabinet rejig with slight changes

  Bloomberg Myanmar’s military government announced on Friday a cabinet reshuffle with slight changes to ministerial roles, maintaining generals and close allies of military chief Min Aung Hlaing in top positions. Min Aung Hlaing’s premiership and deputy military chief Soe Win’s role as deputy prime minister remained the same, according to an order by the ruling State Administration Council, which ...

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Bank of America’s overdraft fees slump 90% after charges eased

  Bloomberg Bank of America Corp (BofA) said overdraft-service fees plummeted 90% after it took steps to ease off on the charges, which have been under fire from lawmakers. The decline from a year earlier came in June and July, the first two months after the second-largest US bank implemented sweeping changes related to overdraft services for its more than ...

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