BEIJING – Axel Moreaux, a French restaurant owner in Beijing, just wanted to plan a new cheese board for the menu. “I said, ‘OK, now, I’m going to buy a lot of cheese from you,'” Moreaux said, recalling the start of big cheese negotiations with a supplier a few days ago. But the meeting ended […]
Read moreA senior executive at China’s internet finance association has urged Chinese regulators to create a framework of regulations to support the development of digital currencies amid a fierce crackdown on trading on virtual tender such as bitcoin. Li Lihui, a senior official at the National Internet Finance Association of China and a former president of […]
Read moreSeoul immediately responded to its northern neighbor’s latest act of provocation on Friday with military drills and its own missile test, raising fears about the arms race on the Korean Peninsula. For the second time in less than a month, Pyongyang on Friday fired a ballistic missile that flew over Japan in what is widely […]
Read moreThe United Nations Security Council will meet at 3 p.m. ET on Friday on the latest North Korea missile test, diplomats said, at the request of the United States and Japan. North Korea fired a missile that flew over Japan’s northern Hokkaido far out into the Pacific Ocean on Friday, South Korean and Japanese officials […]
Read moreNorth Korea launched a missile in the direction of the east ahead of Asia’s Friday trading day. The unidentified missile flew over Japan before landing 2,000 km east of Hokkaido, Reuters said, citing Japanese broadcaster NHK. Following the North’s latest launch, South Korea has responded by firing its own missile, according to Reuters. The hermit […]
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North Korea launched an unidentified missile early Friday morning local time that landed in the sea after passing over Japan. That was the second time the pariah state fired a projectile along that general trajectory in recent weeks, but the most recent iteration flew higher and traveled farther than its last. The missile was launched […]
Read moreThe Arab countries that have cut ties with Qatar may have more to lose from the spat compared to the gas-rich state they are targeting, according to the group chief executive of the Middle East’s largest bank by assets. The blockade, which first unfolded in June, saw Saudi Arabia, United Arab Emirates, Egypt and Bahrain […]
Read moreAsia’s credit market has grown massively, but if yield-seekers want a slice of that pie, they must be prepared to vary their investing strategies across the region, according to Singapore-based Ilfryn Carstairs, co-chief investment officer at Varde Partners, an alternative investment advisory. “It’s difficult to talk about Asia as a single market,” Carstairs said. “I […]
Read moreChina’s supply-side reforms appear to be working as the world’s second-largest economy is showing positive signs, said Jing Ulrich, managing director and vice chairman of Asia Pacific at JPMorgan Chase. “In the past many years, the macro economy was always growing strongly but the companies couldn’t make any money. But this year, in the first […]
Read moreTemasek Holdings, Singapore’s massively influential state-owned investment company, is weighing an investment into Florida-based start-up Magic Leap, according to a new report. Bloomberg, citing sources, said on Thursday that Temasek is considering taking part in a new funding round of more than $500 million that could value the start-up close to $6 billion. Magic Leap, […]
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