Australian Prime Minister Anthony Albanese expects an upgrade in diplomatic relations between his country and Vietnam to a comprehensive strategic partnership soon, he said during his first visit to the Southeast Asian country.
Defense chiefs from around the world gathered in Singapore for Asia’s largest security forum to discuss major threats as tensions rise between the US and China.
Chinese market has been one of the biggest for luxury sector
Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency.
UBS Group AG may delay releasing its second-quarter results until end-August when it could also provide an update on its plans for Credit Suisse Group AG’s local business, the Financial Times reported.
China’s Defense Minister Li Shangfu used a speech in Singapore to attack US strategy toward the Indo-Pacific, saying Washington is seeking to stoke confrontation through its support for Taiwan, military deployments and building alliances in the region.
Germany’s far right has surged to new highs in opinion polls, tapping into citizens’ discontent over record-high migration, persistently painful inflation and costly climate protection measures to batter Chancellor Olaf Scholz’s government.
The Kremlin is reestablishing its diplomatic presence in Tripoli, while Russian mercenaries have access to oil facilities and military bases further east.
Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.
US Defense Secretary Lloyd Austin used a speech at Asia’s biggest security conference to warn that a conflict over Taiwan would “affect the global economy in ways that we cannot imagine” and he reiterated calls for greater communication between the American and Chinese militaries.
