Reuters Asia Top

By Dan Peleschuk KYIV (Reuters) -Ukraine has invited China’s foreign minister to visit amid growing dialogue that could eventually lead to a meeting between the two countries’ leaders, Kyiv’s foreign ministry said on Tuesday. Beijing casts itself as neutral on the Kremlin’s 29-month-old invasion of Ukraine but maintains close ties with Moscow and sat out …

Kyiv hails dialogue with Beijing, hints at potential Zelenskiy-Xi meeting Read More »

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s President Ranil Wickremesinghe received backing from 92 lawmakers in the parliament on Tuesday, his media office said, giving momentum to his reelection bid in a vote in September. A day after Wickremesinghe, who holds only one seat in parliament, failed to get official backing from Sri Lanka’s …

Sri Lanka president gets backing from 92 lawmakers for reelection bid Read More »

(Reuters) – S&P Global affirmed Pakistan’s long-term sovereign credit rating at “CCC+” on Tuesday, citing the country’s dependence on external aid to meet its debt obligations amid a prolonged economic crisis. The country struck a $7 billion bailout deal with the International Monetary Fund earlier this month to stabilize the economy after getting on the …

S&P Global keeps Pakistan’s rating at ‘CCC+’, citing reliance on foreign aid Read More »

By David Shepardson WASHINGTON (Reuters) – The U.S. Trade Representative’s office said on Tuesday some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer chips and medical products will be delayed by at least two weeks. USTR said in May those tariffs would take effect …

US says start of new China tariffs will be delayed by at least two weeks Read More »

By Charlotte Greenfield and Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s finance ministry expects inflation in July to range between 12% and 13%, easing further in August to stand between 11.0% and 12.0%, it said in a monthly economic outlook released on Tuesday. Inflation figures likely to be released on Thursday by the statistics agency are …

Pakistan’s finance ministry forecasts July inflation of 12% to 13% Read More »

By Liz Lee BEIJING (Reuters) – China’s President Xi Jinping has congratulated Venezuela’s Nicolas Maduro on his presidential reelection, state media said on Tuesday, in contrast to doubt and criticism expressed by some Latin American leaders and the United States. Electoral authorities said Maduro won a third term with 51% of the vote, extending a …

China’s Xi congratulates Venezuela’s Maduro on reelection Read More »

BEIJING (Reuters) -Record rainfall and widespread flooding killed four people in China’s southern province of Hunan, with roads in rural areas damaged and access to electricity and the internet disrupted, state media said on Tuesday. Days of heavy rains from the remnants of Typhoon Gaemi have breached major dikes and dams and flooded swathes of …

Typhoon remnants kill four in China, sever transport, power links Read More »

By James Pomfret and Yimou Lee TAIPEI (Reuters) -China’s threat to any individual country is a threat to the world, Taiwan President Lai Ching-te said on Tuesday, adding that the island will continue to work hard to promote defensive self-reliance and foreign arms purchases. Taiwan will also work hard to promote regional peace and stability, …

Taiwan president warns on China, highlights defence self-reliance Read More »