U.S. review of China tariffs won’t depend on trade ‘breakthrough:’ deputy U.S. trade representative

[ad_1] A Chinese and US national flag hang on a fence at an international school in Beijing on December 6, 2018. (Photo by Fred DUFOUR / AFP) (Photo by FRED DUFOUR/AFP via Getty Images) Fred Dufour | Afp | Getty Images The United States is taking an analytical approach to its review of whether to … Read more

‘We are not decoupling’: G-7 leaders agree on approach to ‘de-risk’ from China

[ad_1] Chinese President Xi Jinping and hands with then U.S Vice President Joe Biden inside the Great Hall of the People on December 4, 2013 in Beijing, China. Lintao Zhang | Getty Images News | Getty Images Leaders of the Group of Seven agreed there’s a need to de-risk, not decouple from China, and acknowledged … Read more

These airlines are back in the black — they’re looking to China as the next bright spot

[ad_1] Travellers check in for the flight at the Singapore Airlines counter in the departure hall at Changi International Airport in Singapore on December 2, 2021. Roslan Rahman | AFP | Getty Images Three major airlines in Asia are back in the black, rebounding from their pandemic doldrums as global travel picks up, and they’re … Read more

Asia markets rise as Wall Street rallies; investors look ahead to Bank of Japan policy meeting

[ad_1] Nikkei reports Bank of Japan started discussion to change forward guidance Bank of Japan officials have started planning a “broad policy review” including discussions of a change to its forward guidance, Nikkei reported. The report added while the talks ,include deferring a decision on YCC tweaks, there is a possibility of a follow-through taking … Read more

Israel hits Syria after rockets fired toward Golan Heights

[ad_1] Israeli soldiers take part in a military exercise near Moshav Kidmat Tsvi in the Israeli-annexed Golan Heights on April 3, 2023. Jalaa Marey | AFP | Getty Images Israeli jets hit Syrian military targets on Sunday in response to rockets launched towards Israeli controlled territory overnight, Israel’s military said, as violence flared again following … Read more

U.S. says it’s monitoring China’s drills around Taiwan as Beijing kicked off 3 days of military drills

[ad_1] Two Chinese military helicopters fly past a PLA Navy tugboat, as seen from Pingtan island, the closest point to Taiwan, in China’s southeast Fujian province on April 7, 2023. The U.S. says it’s closely  monitoring China’s drills around Taiwan after Beijing began three days of military exercises around the island. Greg Baker | AFP … Read more

Chinese planes cross Taiwan Strait median line as angry China starts drills

[ad_1] A Chinese military helicopter flies past tourists at a viewing point over the Taiwan Strait, on Pingtan island, the closest point to Taiwan, in China’s southeast Fujian province. Greg Baker | Afp | Getty Images Forty-two Chinese fighter jets briefly crossed the sensitive median line of the Taiwan Strait on Saturday as China began … Read more

China’s banking troubles are not the same as Silicon Valley Bank, economist says

[ad_1] A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. – With hindsight, there were warning signs ahead of last week’s spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some … Read more

Asia markets trade higher as investor fears on banking turmoil ease

[ad_1] Bondi Beach in Sydney, Australia Brook Attakorn | Moment | Getty Images Asia-Pacific markets were higher on Tuesday as investor fears over the recent banking turmoil continued to show signs of easing. In Australia, the S&P/ASX 200 rose 1.11%. Japan’s Nikkei 225 was up 0.3%, while the Topix saw a larger gain of 0.57% in … Read more

IMF says risks to financial stability have increased, calls for vigilance

[ad_1] The International Monetary Fund predicts global growth will slow. OLIVIER DOULIERY / Contributor / Getty Images Risks to financial stability have increased, International Monetary Fund chief Kristalina Georgieva said in a speech delivered in Beijing on Sunday, calling for continued vigilance despite moves by advanced economies to calm market stress. The IMF managing director … Read more