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U.S. says time to act on North Korea, China says not up to Beijing alone

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UNITED NATIONS U.S. Secretary of State Rex Tillerson warned on Friday that failure to curb North Korea's nuclear and ballistic missile programs could lead to 'catastrophic consequences,' while China and Russia rebuked Washington's threat of military force.

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U.S. says 'major conflict' with North Korea possible, China warns of escalation 10:53pm BST

WASHINGTON U.S. President Donald Trump said a "major, major conflict" with North Korea was possible over its nuclear and ballistic missile programmes, while China said the situation on the Korean peninsula could escalate or slip out of control. | Video

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Asia weighs risk and reward in Trump 'bromance' with China's Xi 5:44pm BST

BEIJING U.S. President Donald Trump's warm words for Chinese counterpart Xi Jinping as a "good man" will reassure Beijing that he finally understands the importance of good ties, but risks leaving America's regional allies puzzling over where they fit into the new order.

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Exclusive - Trump says 'major, major' conflict with North Korea possible, but seeks diplomacy 4:10pm BST

WASHINGTON U.S. President Donald Trump said on Thursday a major conflict with North Korea is possible in the standoff over its nuclear and missile programs, but he would prefer a diplomatic outcome to the dispute. | Video

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How North Korea gets its oil from China - lifeline in question at U.N. meeting 3:04pm BST

BEIJING As the United Nations Security Council decides whether to tighten the sanctions screws on North Korea, the country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp (CNPC).

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Malaysia PM warns inequality fuelling extremism; ASEAN urges calm over N. Korea 1:47pm BST

MANILA Malaysian Prime Minister Najib Razak warned on Friday that Southeast Asian countries needed to ensure their economic growth was inclusive, or risk marginalized people turning to violent extremism or even overturning political systems.

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South China Sea code with Beijing must be legally binding - ASEAN chief 1:09pm BST

MANILA A maritime code of conduct between Southeast Asia and China must be legally binding to put a stop to "unilateral actions" in the South China Sea, because a previous commitment to play fair had been ignored, the ASEAN secretary general said on Friday.

China jails former Baoshan Iron & Steel official for 17 years for graft 11:00am BST

BEIJING A court in China on Friday jailed a former chairman of Baoshan Iron and Steel, who went on to become vice mayor of Shanghai, to 17 years for bribery and graft, a state broadcaster reported.

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OPEC output cuts whet Asia's appetite for North Sea oil 10:37am BST

LONDON/SINGAPORE OPEC production cuts have created record Asian demand for European oil and made China the second biggest consumer of North Sea crude as flows from its usual Middle East suppliers dip.

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Exclusive - Trump spurns Taiwan president's suggestion of another phone call 9:48am BST

WASHINGTON U.S. President Donald Trump on Thursday spurned the Taiwanese president’s suggestion that the two leaders hold another phone call, saying he did not want to create problems for Chinese President Xi Jinping when Beijing appears to be helping efforts to rein in North Korea.

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