TOKYO (Reuters) – Japanese exports fell for the fifth month in April in a sign of the growing economic strain exerted by the Sino-U.S. trade war, but a pickup in business sentiment and machinery orders show companies remain optimistic about the future. The exports contraction followed gross domestic product (GDP) data out Monday that showed […]
A Chinese propaganda song about the ongoing Sino-US trade war is getting a lot of interest – and raising a few eyebrows – on Chinese social media. Trade War, written by a former Chinese official, appeared on popular mobile messenger WeChat on Friday and has been viewed hundreds of thousands of times. It has also […]
A Chinese propaganda song about the ongoing Sino-US trade war is getting a lot of interest – and raising a few eyebrows – on Chinese social media. Trade War, written by a former Chinese official, appeared on popular mobile messenger WeChat on Friday and has been viewed hundreds of thousands of times. It has also […]
LONDON (Reuters) – Turkey is struggling to support the ailing lira, which has lost more than 40% of its value over the past two years, and with foreign currency reserves running low, investors are trying to map out Ankara’s options for turning the tide. The $850 billion economy’s potential needs are huge. Were Turkey to […]
COLOMBO, Sri Lanka — Even before the coordinated bombings that killed 250 people last month, Sri Lanka’s president and prime minister were in trouble — largely of their own making. Now calls for President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe to step aside when their terms are over, if not before, are mounting from […]
SINGAPORE – Deputy Prime Minister Heng Swee Keat will visit Beijing, Shanghai, Guangzhou, Shenzhen and Hong Kong from Wednesday (May 22) to May 29. In Beijing, Mr Heng will meet Chinese Premier Li Keqiang, Vice-Premier Han Zheng, director of the Central Foreign Affairs Commission Office Yang Jiechi, and Minister of the Chinese Communist Party’s (CCP) […]
JAKARTA – Minor clashes were reported on Tuesday (May 21) evening as police tried to disperse some 2,000 protesters who had gathered at the headquarters of the election supervisory agency (Bawaslu), an independent agency tasked to oversee elections and rule on disputes. The violence followed the release of official results for last month’s election earlier […]
NEW YORK (Reuters) – Signs that Asia is already feeling the pinch from a trade conflict between the United States and China pushed the U.S. dollar to a four-week high on Tuesday, while higher U.S. Treasury yields helped the move. Data showed economic growth in Singapore was its lowest in nearly a decade in the […]
INDONESIA RELEASES OFFICIAL ELECTION RESULTS It’s official. Finally. More than a month after Indonesia staged the largest single-day election in the world, we have the official results. Incumbent President Joko Widodo has beaten challenger Prabowo Subianto by 11 percentage points – more than doubling his winning margin from 2014. The announcement, coming in the wee […]
TOKYO – No country should have to choose sides, Singapore’s Defence Minister Ng Eng Hen said here on Tuesday (May 21), even as he acknowledged that neutrality appears increasingly difficult in such areas as technology, security alliances and business partnerships. “If ever any of us are asked to choose, all sides lose,” he told the […]