Dalian Wanda Group said it would sell Chinese tourism projects and hotels to Sunac China for $9.3 billion, marking a step back for the property giant from its theme park ambitions. The sale — the second-biggest real estate deal ever in China according to Reuters data — is however expected to help Wanda cut its […]
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Op-Ed: Business is booming in Northeast Asia despite political frictions
Looking at the latest trade and trans-border direct investments in Northeast Asia, one may be surprised to read serious concerns expressed last week by Chinese, Japanese and South Korean leaders about their trilateral relations on the sidelines of the G-20 summit in Hamburg, Germany. Japan, in particular, is re-emerging as an export powerhouse, drawing large […]
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Trump Jr. met with a Russian lawyer after she dangled information that could help his dad's campaign
Donald Trump Jr. agreed in 2016 to meet with a lawyer who was linked to the Kremlin after he was told she “might have information helpful to the campaign,” the son of the president admitted in a statement Sunday. The younger Trump indicated that his brother-in-law Jared Kushner and then-campaign boss Paul Manafort attended the […]
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More than 70 firefighters in London battle tremendous blaze at famous market
London firefighters battled a fire in Camden early Monday morning. London Fire Brigade tweeted out an image of the flames, saying that 10 fire engines and over 70 firefighters were dealing with the incident at Camden Lock Market. London Fire Brigade tweet: We now have ten fire engines and over 70 firefighters dealing with the […]
Read moreU.S. President Donald Trump said in a tweet on Sunday that he discussed forming a cyber security unit to guard against election hacking with Russian President Vladimir Putin. Tweeting after his first meeting with Putin on Saturday, Trump said now was the time to work constructively with Moscow. “Putin & I discussed forming an impenetrable […]
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French deficit pledge will help euro zone budget discussions, ECB's Coeure says
The French government’s renewed commitment to bring its budget deficit in line with an EU limit is good not only for France but for upcoming euro zone discussions on budgets, ECB Executive Board member Benoit Coeure said on Sunday. The French government has committed to stick to plans to cut the deficit to 3 percent […]
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UK-US trade deal wouldn't be enough to make up for leaving the EU – minister
A post-Brexit trade deal with the United States would not be enough on its own to make up for leaving the European Union, British justice minister David Lidington said on Sunday. U.S. President Donald Trump on Saturday met with British Prime Minister Theresa May and said he hoped the United States can quickly seal a […]
Read moreU.S. President Donald Trump on Saturday promised $639 million in funding for humanitarian programmes, including $331 million to help feed starving people in four famine-hit countries – Somalia, South Sudan, Nigeria and Yemen. Trump’s pledge came during a working session of the G20 summit of world leaders in Hamburg, providing a “godsend” to the U.N. […]
Read moreGerman police braced for a third day of violent clashes with anti-capitalist protesters bent on disrupting the G20 summit of global leaders in Hamburg port, after radicals torched cars, smashed shops and injured officers overnight. While around 100,000 protestors have staged peaceful marches since Thursday, a hard core of the Black Bloc militants from across […]
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Putin plane makes detour avoiding Poland, Baltics on way to G-20 – flight tracker
A plane carrying Russian President Vladimir Putin to the G20 summit in Germany made a detour of about 500 km (300 miles) to avoid flying over NATO members Poland or the Baltic states, data from a flight tracker showed. According to the FlightRadar24 website, a Russian government jet flying from Moscow to Hamburg on Thursday […]
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