OF THE various things Britain’s government has got wrong in its Brexit negotiating strategy, perhaps the most enduring is the belief that it could drive a wedge into the ranks of the remaining 27 members of the European Union. A favourite early mantra of Brexiteer MPs was that German carmakers would pressure Angela Merkel to…
(Reuters) - U.S. stocks fell on Monday as an increase in tensions between Western powers and Saudi Arabia added to worries over rising borrowing costs and the impact of tariffs, following the main three indexes’ biggest weekly declines in over seven months. Traders work on the floor of the New York Stock Exchange (NYSE) in…
WANG JIANQIN, in a thick red jerkin worn over her working clothes, does not look like an agent of superpower reprisal. The 60-year-old farmer rears 4,000 pigs in a brick-walled compound in Shunyi district, some 45km from Beijing. About a fifth of the food that she uses to fatten them up is soyabean meal, something…
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…
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…
The top cyber and communications spy in Australia has explained why Huawei and ZTE have been barred from the country's 5G network and China is unimpressed. Mike Burgess, the director-general of the Australian Signals Directorate, said in Canberra on Monday that the ban on Chinese telecom firms like Huawei Technologies and ZTE was in Australia's…
Alibaba Group Holding Ltd. logged 10 billion yuan ($1.44 billion) of sales volume in the opening minutes of its annual Singles’ Day extravaganza, outpacing last year’s start as shoppers around the world swarmed the e-commerce giant’s online bazaars. China’s largest company, which is trying to drum up business via a concurrent televised entertainment spectacle featuring…
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…
Chinese stocks took a hammering Monday as traders returned to work after a weeklong holiday in the world's second-largest economy. Losses on major indexes in mainland China were as high as 4.8% in a major market rout, with the China A50, which includes major companies from both the Shenzhen and Shanghai indexes, as the biggest…
LONDON (Reuters) - A deal that would give London’s vast financial services hub basic access to European Union markets after Brexit is nearly done, a British official said. Canary Wharf skyline and the City of London can be seen from the Sea Containers building in London, Britain, October 11, 2018. REUTERS/Henry Nicholls Such a deal…
