By Sylvia Ma Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due to the latter’s capital controls, a central bank adviser has said. The comments from Huang Yiping, also dean of Peking University’s National School of Development, came as worries arise in Beijing’s policy […]
Read MoreFiji is opposed to China setting up a military base in the Pacific Islands, Prime Minister Sitiveni Rabuka said on Wednesday, adding that it did not need such a base to project power, as shown by an intercontinental ballistic missile test. Strategically placed between the United States and Asia, the Pacific Islands are a focus […]
Read MoreUS President Donald Trump said on Wednesday that the United States has struck a trade deal with Vietnam, after months of negotiations, that imposes a 20% tariff rate on many imports from the Southeast Asian country. The rate is lower than an initial 46% levy Trump announced in April on goods from Vietnam, largely as […]
Read MoreBy Mansur Mirovalev In 2001, a man was stabbed to death near a lakeside restaurant in Yekaterinburg, an urban centre in Russia’s Ural Mountains region. With his dying breath, he whispered the names of his alleged killers to the police, local media claimed. The man and his presumed murderers were ethnic Azeris, Turkic-speaking Muslims whose […]
Read MoreAfter nearly 14 years of war in Syria, the new government is resetting its regional relations, and a lot of focus is on what will happen with Israel. There are reports of talks between Syria and Israel, with timelines even being floated for potential normalisation between the two countries, which have technically been at war […]
Read MoreThailand’s Constitutional Court suspended Prime Minister Paetongtarn Shinawatra from office pending an investigation over a leaked phone call with a former Cambodian leader. The judges voted unanimously Tuesday to take the petition accusing her of a breach of ethics, and voted 7 to 2 to suspend her from duty. Paetongtarn has faced growing dissatisfaction over […]
Read MoreIntercepted Iranian communications downplayed the extent of damage caused by US strikes on Iran’s nuclear program, the Washington Post reported on Sunday, citing four people familiar with classified intelligence circulating within the US government. A source, who declined to be named, confirmed that account to Reuters but said there were serious questions about whether the […]
Read MoreBy Yarno Ritzen Norway’s largest pension fund, KLP, has said that it will no longer do business with two companies that sell equipment to the Israeli military because the equipment is possibly being used in the war in Gaza. The two companies are the Oshkosh Corporation, a United States company mostly focused on trucks and […]
Read MoreBy Orange Wangin Beijing China has partially lifted its two-year ban on Japanese seafood imports in the latest step by Beijing to remove a diplomatic roadblock that has strained ties between the two neighbours. According to a Chinese customs notice issued on Sunday, shipments of seafood originating from “certain regions” of Japan would resume “conditionally” […]
Read MoreBy Tom Hussain As Israeli jets and American bombers streaked across Iranian skies earlier this month, the world watched a familiar game plan unfold – one that had its origins in secret meetings, veiled ambitions and the relentless logic of regional dominance that has haunted the Middle East for generations. The process began decades earlier, in […]
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