List of All Articles with Tag 'asia'

A less-distorted bond market, continued weakness in wages and the threat of an early election are among the

Hong Kong’s economy is expected to grow faster than previously forecast this year as consumer spending rebounds, while

Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn

Hong Kong’s intent to ban internet platforms from hosting a protest song is raising concern the move may

By Lewis Krauskopf A look at the day ahead in Asian markets from Lewis Krauskopf. Asian markets will

China’s indebted local governments are using a controversial way to generate revenue as they struggle to pay bills:

Goldman Sachs Group Inc., one of the most bullish banks on the outlook for oil, has once again

Oil traders are starting to ignore the most important person in the market. It could prove a risky

Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved

The US expanded a ban on imports from China’s Xinjiang region, placing two more companies on its so-called

China has been using Cuba as a spy base since at least 2019, the White House confirmed on Saturday. It was reported last week that Cuba and China had reached an agreement in principle to build a spy base on the island. The Wall Street Journal, quoting senior US officials familiar with the matter, reported that China planned on paying Cuba billions of dollars in exchange. Initially, the White House said that the report was inaccurate. However, on Saturday, it said: “This is an ongoing issue and not a new development.” It claimed though that “the arrangement as characterised in the reporting does not comport with our understanding.” The statement said that Joe Biden upon joining office in January 2021 was briefed on China’s efforts to expand its global military and intelligence presence. “The PRC [People’s Republic of China] conducted an upgrade of its intelligence collection facilities in Cuba in 2019. This is well-documented in the intelligence record.” It said the Chinese government “will keep trying to enhance its presence in Cuba, and we will keep working to disrupt it”. The statement added: “We think the PRC isn’t quite where they had hoped to be.” It also claimed that the US has taken diplomatic and other steps to “slow down” the Chinese government in Cuba. The WSJ had earlier reported that an electronic eavesdropping station on the island would allow Beijing to gather electronic communications from the southeastern United States, home to many US military bases, as well as monitor ship traffic. China, meanwhile, accused the US of “spreading rumours and slander” and called the US “the most powerful hacker empire in the world”. “As we all know, spreading rumours and slander is a common tactic of the United States,” Wang Wenbin, spokesperson at the Chinese foreign ministry said. “The United States is also the most powerful hacker empire in the world, and also veritably a major monitoring nation.” Read More Honduras opens embassy in China after breaking off ties with Taiwan Ex-governor general examining allegations of Chinese meddling in Canada steps down China calls US the ‘most powerful hacker empire’ as it denies deal to set up Cuba spy station

The policy chief for Japan’s ruling Liberal Democratic Party said a no-confidence motion being considered by an opposition