Most Asian markets in retreat as US inflation data looms

Asian markets mostly fell Monday as investors turn their attention to a key US inflation report later in the week, hoping for a reading that will ease concerns about the Federal Reserve’s interest rate plans. While Wall Street and European shares enjoyed a bright end to last week, Asia continued its weak run, with China’s […]

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Pakistan says Taliban forces building ‘unlawful’ structure in border dispute

Islamabad: Pakistan on Monday said the Taliban administration had tried to encroach on its territory with the construction of an ‘unlawful structure’ and accused Afghan forces of “indiscriminate firing” in an incident that led to the closure of the main border transit point last week. The Torkham border crossing between the neighbouring nations has been closed […]

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Thailand’s new PM draws flak in parliament for ‘aimless’ economic agenda

Bangkok: Thai Prime Minister Srettha Thavisin came under fire in parliament on Monday over a new government policy agenda that opposition lawmakers called vague and short of some of his party’s boldest election pledges. Real estate tycoon Srettha was approved as prime minister in a parliamentary vote last month after his populist Pheu Thai Party, the […]

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Modi scolds Trudeau over Sikh protests in Canada against India

New Delhi: Indian Prime Minister Narendra Modi conveyed strong concerns about protests in Canada against India to Canadian Prime Minister Justin Trudeau on the sidelines of the G20 summit in New Delhi, according a statement by India. New Delhi has been long sensitive to Sikh protesters in Canada. In June, India criticized Canada for allowing a […]

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France respects Bangladesh’s sovereign policy independence: PM Hasina at briefing

Dhaka: Prime Minister Sheikh Hasina on Monday said France expressed its reverence and support to Bangladesh’s sovereign policy independence, particularly in the context of the ongoing geopolitical instability and economic uncertainty. “We both hope that this new strategic move between Bangladesh and France will play an effective role in establishing regional and global stability and peace,” […]

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North Korea’s Kim boards train bound for Russia and summit with Putin – Reports

Pyongyang: North Korean leader Kim Jong Un appears to have departed aboard a special train bound for Russia and a summit with President Vladimir Putin, South Korean media reported on Monday, citing unnamed senior government sources. Russia’s Interfax news agency reported earlier on Monday that Kim, who rarely travels abroad, was expected to visit Russia’s far […]

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Italian PM tells China’s premier of plan to quit Belt and Road Initiative: Italian media

New Delhi: Prime Minister Giorgia Meloni outlined Italy’s plan to pull out of the Belt and Road Initiative (BRI) during a meeting with Chinese Premier Li Qiang at the G20 summit, Italian media reported on Sunday. Italy, seeking to minimise any backlash from the decision from Beijing, would as a replacement aim to revitalise a strategic […]

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Chinese premier calls for advancing economic globalisation, unity within G20

New Delhi: Chinese Premier Li Qiang urged on Saturday the Group of 20 (G20) members to resolutely advance economic globalization and promote unity, cooperation and inclusion within the G20. Keeping in mind the future of humanity, Chinese President Xi Jinping has proposed the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, Li […]

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Maldives election: Could be key for China, India rivalry

Male: A presidential election in the Maldives on Saturday could be decisive in determining whether China or India win a competition for influence over the tiny Indian Ocean island chain. Home to about 521,000 people, the Maldives is famous for its sun-kissed atolls and luxury tourist resorts but the rival Asian giants have both invested millions […]

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