North Korea appears to be purposefully cutting a communication link with South Korea as it ratchets up tensions by testing new weapons and denouncing its neighbor as a “puppet traitor” for holding military drills with the US.
A US Navy destroyer passed through waters claimed by Beijing in the South China Sea in a show of force that comes as the nation’s military holds drills around Taiwan.
Emmanuel Macron urged Europe to develop more strategic autonomy as a way to avoid the risk of turning EU countries into “vassals” in the event of a global crisis such as a US-China confrontation.
Emirates Telecommunications Group will buy a $400 million stake in the super app developed by Uber Technologies Inc.’s Middle Eastern subsidiary, as part of the Abu Dhabi-based firm’s attempts to reinvent itself as a global technology investor.
The first batch of debuts under China’s newest initial public offering reform surged on the Shanghai and Shenzhen main boards, an indication that the relaxed regulatory framework will bolster the country’s position as one of the busiest spots for share sales globally.
(Bloomberg) — Some smaller Chinese lenders cut interest rates for time deposits over the weekend, following a similar move by their larger rivals last year, after several lending rate reductions by policy makers started to squeeze their margins.
One oil exchange-traded fund saw its largest one-day outflow in more than three years, a possible sign that some investors remain concerned about the outlook after OPEC+ delivered an unexpected supply cut.
Tesla Inc. will build a large new battery factory in Shanghai, further cementing China’s place at the top of the global energy storage supply chain.
A top solar material producer is planning its first factory outside China, but may pass on the US because of high costs, according to the company’s chief executive officer.
Japanese Prime Minister Fumio Kishida’s ruling Liberal Democratic Party won several closely watched local races in nationwide elections that saw a record number of women take seats.
