China will pay the biggest price from the new United Nations sanctions against North Korea because of its close economic relationship with the country but will always enforce the resolutions, Chinese Foreign Minister Wang Yi said. The United Nations Security Council unanimously imposed new sanctions on North Korea on Saturday that could slash its $3 […]
Read moreChina is set to report trade data for the month of July on Tuesday after 10 a.m. SIN/HK as market watchers keep their eyes on the world’s second-largest economy ahead of a key Communist Party meeting in the fall. Analysts polled by Reuters expected a 10.9 percent rise in Chinese exports in July from a […]
Read moreAsian indexes hovered close to the flat line in early Tuesday trade as investors watched for the release of China July trade data due later in the session. Japan’s Nikkei 225 dipped below the flat line, trading lower by 0.08 percent in early trade. South Korea’s benchmark Kospi index edged up 0.07 percent. In Australia, […]
Read moreIn a vaguely worded explanation, Singapore’s government has expelled a prominent Chinese-born American academic from the country. It’s an unusual move for the city-state, which reportedly may not have taken the step for decades. Huang Jing, who had been granted permanent residency in Singapore, was high profile: He was the director of the Centre on […]
Read moreNorth Korea is ready to give the United States a “severe lesson” with its strategic nuclear force if it takes military action against it, and will not put its nuclear program or its missiles on the negotiating table, it said in a statement to a regional meeting on Monday. In a transcript of a statement […]
Read moreNorth Korea denounced the United Nations’ latest sanctions imposed on the isolated state, saying they infringe on its sovereignty and vowed to take “righteous action”, the North’s official news agency said. The government statement reiterated Pyongyang’s previous stance that it will never place its nuclear program on the negotiating table as long as the United […]
Read moreShort sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who bet against stocks. This year, there have been nine campaigns by short sellers against Hong Kong-listed companies as of mid-July, a record for the period, according to […]
Read moreTaiwan’s Foxconn, one of Apple’s primary iPhone makers, will open a multibillion-dollar research and development plant in Michigan, the South China Morning Post reported on Sunday. That makes the second politically critical state to receive such a commitment from the multinational — which is sure to be seen by many as a gargantuan political success […]
Read moreA company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the “Trump” brand in the world’s biggest gambling center. DTTM Operations LLC, which listed the address of Trump Tower on Fifth Avenue in New York, received four trademark approvals […]
Read moreFurther nuclear aggression from Pyongyang and heightened tensions between Beijing and Washington are widely expected following fresh economic sanctions on the rogue state. In the aftermath of July’s two intercontinental ballistic missile tests, the United Nations on Saturday hit North Korea with “the most stringent set of sanctions placed on any country in a generation,” […]
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