SINGAPORE – Singapore leaders have written to former Indonesian president Susilo Bambang Yudhoyono to offer their condolences on the passing of his wife, Mrs Ani Yudhoyono. Mrs Yudhoyono, 66, who had been treated for leukaemia at the National University Hospital (NUH) since February this year, died on Saturday (June 1). In her letter to Dr […]
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador reiterated on Sunday the need for oil independence as his government said it would tender six construction contracts in June for a planned oil refinery in the southern state of Tabasco. Tensions between Mexico and the United States have been running high in recent days […]
LONDON (Reuters) – The Swiss franc rallied to its highest levels in nearly two years against the euro on Monday as U.S. President Donald Trump hardened his trade stance to countries beyond China, prompting investors to move into perceived safe-haven currencies. Trade tensions have grabbed center stage for investors in recent weeks after Trump increased […]
BEIJING (Reuters) – The latest U.S. tariffs on Chinese imports will not resolve the two countries’ trade issues, and the United States bears responsibility for setbacks in the talks process, a policy paper published by the Chinese government said on Sunday. China can ensure good momentum for sustained economic development and economic prospects for the […]
BEIJING (BLOOMBERG) – Pieces of an electric car hang from the ceiling of a Chinese real-estate developer’s showroom, evoking an edgy installation at a modern art museum. In reality, they’re a symbol of the nation’s industrial ambitions. Just down the neatly manicured road, about a dozen skyscrapers rise from the fields as Shunde New Energy […]
BEIJING – China has pinned the blame of the worsening trade war squarely on the United States, saying it should bear “sole and entire responsibility” on the talks going south. In a white paper released on Sunday (June 2), Beijing accused Washington of backtracking on three occasions, and spelt out the damage that the US […]
PARIS/TOKYO (Reuters) – Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through. The French energy major is paying $15 million for the shares […]
PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – Speculation that fugitive businessman Low Taek Jho, better known as Jho Low, has been arrested is incorrect, says Datuk Seri Abdul Hamid Bador. The Malaysian Inspector-General of Police said this in response to talk on social media that claimed Low had been detained by the Chinese government and […]
SINGAPORE – Chinese Defence Minister Wei Fenghe’s tough words on Taiwan and its military activities in the South China Sea were directed primarily towards the audience back home, a top United States official attending the Shangri-La Dialogue said on Sunday (June 2). Providing the first official US response to General Wei’s speech at the Dialogue, […]
A North Korean official who was reported to be in a labour camp has appeared at a concert alongside Kim Jong-un. Last Friday, Kim Yong-chol was widely reported to have been sent to a re-education camp as punishment. But on Sunday, North Korean media showed him at a musical performance together with other officials. Mr […]