The United States is deploying an advanced anti-missile defense system to South Korea as part of steps to bolster its ability to defend against North Korean ballistic missiles, the White House said on Monday. North Korea's launching of four ballistic missiles into the sea off Japan's northwest earlier on Monday is consistent with its history of "provocative behavior" and the United States stands with its allies against the threat, White House spokesman Sean Spicer told reporters. "The Trump administration is taking steps to enhance our ability to defend against North Korea's ballistic missiles such as through the deployment of a THAAD battery to South Korea," he said.
By Noel Randewich SAN FRANCISCO (Reuters) - Technology services company shares dipped on Monday after the Trump administration announced it would temporarily suspend expedited applications for H-1B visas widely used by foreign tech workers. U.S. shares of Indian IT company Infosys Ltd fell 1.2 percent and Wipro Ltd edged down 0.2 percent after the U.S. Citizenship and Immigration Services (USCIS) said on Friday that it would suspend "premium processing" of the visas for up to six months. Following President Donald Trump's election in November, Infosys and Wipro sold off due to concerns he would keep promises to crack down on immigrants who he said were taking jobs from U.S. citizens.
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