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HONG KONG, China (AFP) — Fresh fears of a trade war between the world’s top two economies sent most Asian markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports. Energy firms were among the biggest losers as oil prices plunged ahead of a key OPEC meeting, where Saudi Arabia and Russia are expected to lift a two-year-old production cap. Donald Trump’s decision to hit China […]
HONG KONG, China (AFP) — Asian equities bounced back Thursday from the previous day’s mauling while the euro held on to a recovery as fears of turmoil in Italy were soothed by conciliatory noises from the country’s two biggest populist parties. The head of the anti-establishment Five Star Movement said he was prepared to offer a compromise candidate for the finance ministry after President Sergio Mattarella’s decision to veto an avowed eurosceptic led to the […]
QUEZON CITY, Philippines (Eagle News) — The Philippine Ice Hockey Team wins bronze at the recently concluded Asian winter games in Sapporo, Japan. The Filipinos finished in second place in group a with two wins and one loss, with their lone defeat coming against Kyrgyzstan, a 5-10 setback in their first match of the competition The ice hockey event in the Asian winter games is divided into three divisions, with four teams competing in the top […]
CANBERRA, Australia (Reuters) — Asian TPP nations announced on Tuesday (January 24) they were looking for ways to save the multi-country trade pact in the wake of U.S. President Donald Trump’s decision to pull his country out of it. Fulfilling a campaign pledge Trump signed an executive order in the Oval Office on Monday (January 23) pulling the United States out of the 2015 TPP agreement and distancing the United States from its Asian allies. […]
HONG KONG, China (AFP) — The dollar barrelled ever higher Thursday, sitting at an eight-month high against the yen and fuelling another rally in Tokyo stocks but traders in most other markets turned cautious. US investors gave their Asian colleagues another strong lead with the Dow hitting a new record on Wall Street after fresh data showed further improvement in the US economy and reinforced expectations for an interest rate hike next month. Global markets […]
BEIJING, China (Reuters) — The South China Sea is not on the agenda and should not be discussed at a major summit between Asian and European leaders in Mongolia at the end of the week attended by China’s premier, a senior Chinese diplomat said on Monday (July 11). The Asia-Europe Meeting, or ASEM, will be the first important diplomatic gathering after the July 12 ruling by an arbitration court hearing a dispute between China and […]
