The South China Sea and Indian Ocean have been the principal theaters for Beijing’s naval ambitions in Asia. The Pacific Ocean and Mekong River, each rife with strategic advantages, could soon be next. For the world’s second-largest economy, maritime expansion is a major means of achieving superpower stature and cementing its military, political and economic […]
Read moreEuropean equities are set to open lower on Monday morning as investors worry over further tariffs in global trade. The FTSE 100 is seen down by 39 points at 7,645, the German DAX is expected to open down by 47 points at 12,511 and the CAC 40 in Paris is seen off by 28 points […]
Read moreExperts say the Indian government’s latest plan may not be enough to fix its bad debt problems. Earlier this month, Piyush Goyal, India’s interim finance minister, revealed plans to set up an Asset Reconstruction Company or a “bad bank” aimed at absorbing the 9.5 trillion rupee bad debt in state-owned banks. Doing so would allow […]
Read moreHong Kong’s housing market has shown little sign of cooling after years of consistent price increases. In response, the government is now considering a controversial measure. Property in the semi-autonomous region of China has long ranked among the world’s most expensive due to inadequate land supply, robust speculation, demand from mainland Chinese buyers and years […]
Read moreThe United States will soon present a timeline to North Korea with “specific asks” of Pyongyang after a historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, a senior U.S. defense official said. The official, who spoke to a small group of reporters ahead of a trip to Asia this […]
Read morePresident Donald Trump plans to bar many Chinese companies from investing in U.S. tech and to block additional technology exports to China, The Wall Street Journal reported on Sunday evening, citing people familiar with the matter. The two measures are set to be announced by the end of the week, and are intended to counter […]
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