North Korea, Tesla, Taiwan |
View in [Browser]( | Add nytdirect@nytimes.com to your address book.
[The New York Times](
[The New York Times](
Thursday, February 8, 2018
[NYTimes.com »](
Asia Edition
[Your Thursday Briefing](
By MIKE IVES AND CHARLES MCDERMID
Taiwan quakes, and Olympics drama with a side of awkwardness.
Hereâs your Morning Briefing:
Christopher Jue/European Pressphoto Agency
⢠Global markets: Our business reporters are watching to see if Australia and Asia take their cue from [Wednesdayâs stabilizing trend in the U.S.](
If youâre a young investor, and this is your first market hiccup, [we have some advice](. And everyone can submit [questions on the turmoil here](. (We already tried to answer some.)
President Trump, in his first comments about the stock market plunge, blamed the abrupt declines on the âgood (great) newsâ in the economy, and [called the volatility âa big mistake.â](
_____
Central News Agency, via Associated Press
⢠A second strong earthquake has [struck](. Details are still emerging.
The new earthquake hit less than 24 hours and in the same place as the first, about 13 miles northeast of the city of Hualien.
[At least seven people died]( in that disaster, and rescuers had been scrambling to find dozens of people trapped or unaccounted for.
_____
Damir Sagolj/Reuters
⢠North Korea is preparing for [a military parade]( today in Pyongyang as Vice President Mike Pence arrives in South Korea for Fridayâs Olympic opening ceremony with both carrot and stick.
The carrot: the possibility of a meeting with North Korean officials, one made even more intriguing by the simultaneous visit by Kim Yo-jong, above, [the trusted sister of the North Korean leader]( Kim Jong-un.
The stick: warnings that the [U.S. would unveil its âtoughest and most aggressiveâ sanctions on North Korea](.
Meanwhile, an [outbreak of the debilitating, highly contagious norovirus]( â sometimes called âcruise ship virus â has sickened security guards near Olympic sites.
_____
Ian Willms for The New York Times
⢠#Awkward.
The Olympics are usually a chance for companies to splash their logos before millions of viewers.
The Pyeongchang Games are different. The cozy ties between South Koreaâs government and the scandal-scarred conglomerate Samsung have made [awkward optics for South Korean tycoons](.
No such problem for Japanâs womenâs Olympic hockey team. But the team is laser focused on winning a medal in Pyeongchang â and [they wish youâd stop calling them âadorbs](
And meet the SmartBroom, an [engineering marvel]( invented (over beers in Canada) for the Olympic sport of curling. Its clients include âsweepersâ from China, Denmark and Switzerland.
_____
Â
⢠President Xi Jinpingâs anticorruption campaign may be closing in on a former top leader.
An executive, above, [who set up companies for relatives of Wen Jiabao]( Chinaâs prime minister from 2003 to 2013, was detained last year, her friends and business associates say. (The executive, Duan Weihong, also known as Whitney Duan, was a central figure in a 2012 Times investigation that showed Mr. Wenâs relatives controlled assets worth at least $2.7 billion.)
As is often the case in Beijing, there has been no official acknowledgment of her detention and it is not clear who detained her, why and whether she is still being held.
Business
Alex Hofford/European Pressphoto Agency
⢠Shares in Wynn Resorts [resumed trading after Steve Wynn]( the billionaire casino mogul, [resigned as chief executive]( amid sexual harassment accusations. He also resigned his chairmanship of the companyâs Macau branch. His future with Wynn Resorts is unclear, as is how Macau authorities will view the matter.
⢠Tesla stock [surged ahead of its earnings report]( â possibly buoyed by the excitement over Elon Muskâs other company, SpaceX, after it [launched a powerful rocket into space]( and sent a Tesla sports car into orbit for what is expected to be eons.
⢠The Los Angeles Times [is being sold to Patrick Soon-Shiong]( a billionaire doctor who grew up in apartheid South Africa, for $500 million. The deal also includes The San Diego Union-Tribune.
⢠The dark side of tech: [A limousine driver killed himself in front of New Yorkâs City Hall]( to protest the financial devastation wrought by Uber and its competitors.
And early Facebook and Google employees, alarmed over the damaging effects of social networks and smartphones, are [banding together to challenge the companies they helped build](.
⢠Most U.S. stocks [were higher](. Hereâs a snapshot of [global markets](.
In the News
Sam Panthaky/Agence France-Presse â Getty Images
⢠Prime Minister Narendra Modiâs estranged wife, Jashodaben Chimanlal, above, was thrust into the national spotlight after a car she was traveling in collided with a truck, killing one of her relatives. [[The New York Times](
⢠Japanâs imperial palace said that Princess Makoâs November wedding to a college classmate would be postponed until 2020. Insufficient preparations were cited, and the palace said that tabloid criticism of her fiancéâs family background played no role. [[The Associated Press](
⢠In Germany, Chancellor Angela Merkel agreed on a coalition deal bringing her closer to forming a government after five months of political limbo. The pact came at a price: Her party gave up the powerful Finance Ministry. [[The New York Times](
⢠From our Op-Ed desk: A student at the Australian National University writes that âFear is among Beijingâs most potent weapons in silencing Chinese-Australians.â [[The New York Times](
⢠âPeoplekindâ: Thank (or condemn) Canadaâs prime minister, Justin Trudeau, for pushing that word into headlines. [[The New York Times](
Smarter Living
Tips, both new and old, for a more fulfilling life.
Shiho Fukada for The New York Times
⢠Experts say itâs essential to [give kids time and space to play](.
⢠The desire to jump headfirst into new romances is only natural, therapists say. Here are [some tips to keep from rushing into things](.
⢠Increase the flavor of a [salmon recipe with anchovy-garlic butter](.
Noteworthy
Walt Disney Studios Motion Pictures
⢠Disney said the executive producers of âGame of Thronesâ will [write and produce a series of new âStar Warsâ movies](. (They will be separate from the Luke Skywalker films and Rian Johnsonâs âStar Warsâ trilogy.)
⢠Online porn is everywhere, and young people sometimes learn much of what they know about sex from it. Our Magazine looks at a new approach being tried in some U.S. schools: [teaching students to view porn more critically](.
⢠And Guantánamo Bay isnât known for its creature comforts, to put it mildly. Yet outside the notorious detention facility, our correspondent writes, the area has â[something resembling suburban American life]( including a McDonaldâs, a bowling alley and an outdoor movie theater.
Back Story
Felipe Dana/Associated Press
Pyeongchang and Pyongyang: The South Korean host of the Winter Olympics and the North Korean capital have confusingly similar names.
There does not seem to be any significance in the shared syllable, which is derived from the same Chinese root character meaning âto pacifyâ or âto be level or flat.â Pyongyang means âpeaceful landâ or âflat land,â and Pyeongchang means âpeaceful flourishingâ or âpeaceful prosperity.â
In the South, conservatives have criticized the government of President Moon Jae-in for welcoming the Northâs participation and [derided the Games as the âPyongyang Olympics.â](
Liberals and the Moon administration countered that the event should be called [the Pyeonghwa, or peace, Olympics](.
The host town originally spelled its name âPyongchangâ in English, but added a letter in 2000 and capitalized the C to become PyeongChang to distinguish itself from the Northâs capital, [our correspondent noted](. Most news organizations, including The Times, decline to capitalize the C.
But confusion persisted despite the rebranding. In 2014, a Kenyan man trying to attend a United Nations conference in Pyeongchang mistakenly [flew to Pyongyang](.
Inyoung Kang contributed reporting.
_____
This briefing was prepared for the Asian morning. You can also [sign up]( to get the briefing in the Australian, European or American morning, or to receive an Evening Briefing on U.S. weeknights.
Browse our full range of Times newsletters [here](.
What would you like to see here? Contact us at [asiabriefing@nytimes.com](mailto:asiabriefing@nytimes.com?subject=Briefing%20Feedback%20(Asia)).
LIKE THIS EMAIL?
Forward it to your friends, and let them know they can sign up [here](.
ADVERTISEMENT
FOLLOW NYTimes
[Facebook] [FACEBOOK](
[Twitter] [@nytimes](
ABOUT THIS EMAIL
You received this message because you signed up for NYTimes.com's Morning Briefing: Asia Edition newsletter.
[Unsubscribe]( | [Manage Subscriptions]( | [Change Your Email]( | [Privacy Policy]( | [Contact]( | [Advertise](
Copyright 2018 The New York Times Company
620 Eighth Avenue New York, NY 10018