U.S. stocks closed at record levels and oil prices traded at their highest marks since 2015 ahead of Asia’s Tuesday trading day. Amid that backdrop, investors will also be watching for headlines as President Donald Trump’s tour of Asia continues, with the president expected to arrive in South Korea on Tuesday following his two-day visit […]
Read moreEgyptian President Abdel Fattah al-Sisi called on all Middle Eastern states to prioritize regional stability following the sudden resignation of Lebanon‘s leader. “The stability of the region is very important and we all have to protect it … I am talking to all the parties in the region to preserve it,” Al-Sisi said in an […]
Read morePresident Donald Trump is unlikely to change China’s stance on North Korea when he visits Beijing this week, but he could well make some headway on trade deals between the two countries. When Trump arrives in the capital Wednesday, he’ll will be meeting his Chinese counterpart possibly at the height of Xi Jinping‘s power. After […]
Read moreSaudi Arabia‘s heir to the throne ordered the arrest of powerful royals and businessmen over the weekend, in a sudden move that is likely to significantly alter the mood among foreign investors. The major purge of the Kingdom’s elites was described as an anti-corruption drive by state officials, although outside observers suspected the exercise could […]
Read moreChina and Australia’s regulators have agreed to partner up on financial technology (fintech), a move that will give them oversight on new trends in each other’s markets. The Australian Securities and Investment Commission (ASIC) and China Securities Regulatory Commission (CSRC) said Monday that they would cooperate on the sharing of information related to emerging themes […]
Read moreJapan could shoot down North Korean missiles with U.S. military technology, President Donald Trump has said. Trump said Japanese Prime Minister Shinzo Abe would be well-equipped for an attack from North Korea after buying equipment from the U.S. “He will shoot them out of the sky when he completes the purchase of lots of additional […]
Read moreThe pursuit of democracy is considered a foundational pillar of U.S. foreign policy, but it has taken a backseat under President Donald Trump’s “America First” philosophy. Many believe that approach could heighten authoritarianism in the developing world and eventually backfire on Washington. Trump isn’t expected to criticize Beijing’s political detentions, Hanoi’s freedom of speech crackdown […]
Read morePresident Donald Trump on Monday made an eyebrow-raising remark during a joint press conference with Japanese Prime Minister Shinzo Abe in Tokyo. Calling Abe by his first name, the Republican took a zero-sum approach in comparing the Japanese and U.S economies. “The Japanese people are thriving, your cities are vibrant and you’ve built one of […]
Read moreSoutheast Asia’s largest bank, DBS Group Holdings, unexpectedly set aside another 815 million Singapore dollars ($597.4 million) to cover for bad loans from the troubled oil and gas sector – a move it hopes will finally put worries over asset quality behind it. That action resulted in a 23 percent year-on-year fall in net profit […]
Read morePresident Donald Trump pushed for more “reciprocal” trade in Tokyo on the second day of his Asian tour and suggested that Japanese automakers “try building your cars in the United States instead of shipping them over.” The problem: They already do, and have for many years. According to Politico, Trump made the request during a […]
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