Thursday, September 23, 2021
SINGAPORE (Reuters) - Singapore Prime Minister Lee Hsien Loong called on Monday for greater integration between Southeast Asian countries at a time when multilateralism is under threat. Singapore's Prime Minister Lee Hsien Loong speaks at the ASEAN Business and Investment Summit in Singapore, November 12, 2018. REUTERS/Athit Perawongmetha His remarks came at a business summit…
AFTER WHAT had seemed an endless period of delay and crunches evaded, this week Theresa May at last presented a draft Brexit deal agreed by negotiators in Brussels. The prime minister steered it through a lengthy cabinet meeting on November 14th. Yet the following morning her own Brexit secretary, Dominic Raab, quit in protest. Others…
Apple biggest iPhone assembly partner is expecting a rough year in 2019. Foxconn Technology Group issued an internal company memo, saying that it plans to cut 20 billion yuan ($2.9 billion) from its expenses in 2019, Bloomberg is reporting. The memo says Foxconn’s decision is the result of company forecasts predicting “a very difficult and…
SYDNEY (Reuters) - Australia will offer Pacific countries up to A$3 billion ($2.18 billion) in grants and cheap loans to build infrastructure, Prime Minister Scott Morrison said on Thursday, as Canberra seeks to counter China’s rising influence in the region. Australia and China have been vying for influence in sparsely populated Pacific island countries that…
Image copyright AFP Image caption President Trump began reinstating sanctions on Iran in May The Trump administration is to reinstate all US sanctions on Iran removed under the 2015 nuclear deal.The White House said it was "the toughest sanctions regime ever imposed on Iran" and targeted Iran's energy, shipping and banking sectors. However, eight countries…
WASHINGTON (Reuters) - The United States snapped sanctions back in place on Monday to choke Iran’s oil and shipping industries, while temporarily allowing top customers such as China and India to keep buying crude from the Islamic Republic. FILE PHOTO: A general view of an oil dock is seen from a ship at the port…
A trade war with China carries “dangerous” long-term risks because companies and nations may pull back from doing business with the U.S., former Treasury Secretary Henry Paulson said. “The question really is: Is China going to start looking for new markets for which they’re going to buy soybeans?” Paulson said Thursday in an interview with…
President Donald Trump teased a prospective trade deal with China on Friday, but many analysts are skeptical the trade war is going to end anytime soon. Trump told reporters before leaving the White House that the US is "close to doing something" with China to ease the ongoing trade war between the two countries. "I…
Image copyright Reuters Image caption The sanctions relate to China's purchase of 10 Russian Sukhoi Su-35 fighter jets China has told the US to withdraw sanctions on its military over purchases of Russian jets and missiles or "bear the consequences".The US says China has contravened US sanctions on Moscow introduced over Russian actions in Ukraine…
WASHINGTON — Diplomatic pressure from the United States and Britain, Saudi Arabia’s biggest arms suppliers, abruptly intensified on Wednesday for a cease-fire in the Yemen war, the world’s worst man-made humanitarian disaster. The calls for a halt to the three-and-a-half-year-old conflict — made by Secretary of State Mike Pompeo, his British counterpart, Jeremy Hunt, and…