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US, S. Korea launch war games amid N. Korea threat

SEOUL (AFP) – The US and South Korean militaries Monday launched major annual land, sea and air exercises, amid North Korean threats to turn Seoul into a “sea of flames” in case of any provocation. The Key Resolve/Foal Eagle drills are the first to be held since the North’s deadly…

Key US House panel to hold China currency hearing

A key US House committee with power over taxes and trade will hold a September 15 hearing to weigh possible new steps to press China over its currency policy, the panel’s chairman said Thursday. House Ways and Means Committee Chairman Sander Levin’s announcement came amid deep anger in the US…