Saturday, President Donald brushed off noise of a possible weapons test by NKorea, vowing that leader Kim Jong Un “will do nothing to interfere” and that a denuclearization deal with the US “will happen.” The Tweet, posted while President Trump was in route to the Trump National Golf Club in Virginia, was the President’s 1st […]
Presidential counselor Kellyanne Conway Monday criticized Hillary Clinton and former President Barack Hussein Obama for referring on Twitter to Victims in Sri Lanka’s Easter church bombing attacks as “Easter worshipers” rather than as Christians. “You have to ask them about that,” she said in a TV interview about the wording Mrs. Clinton and Mr. Hussein Obama used. “There […]
The Easter massacre of Christians by radical Muslim jihadists in Sri Lanka is but the bloody tip of a genocidal crusade which has taken the lives of hundreds of thousands of Christian innocents since 9/11. In Iraq, massacres by the most violent and extreme Islamics have wiped out the oldest Christian community in the world, […]
FLASH: The brutal Easter Sunday church bombing attack that has more than 1000 missing, injured and dead in Sri Lanka is now 1 of the most deadly terrorist strikes since 9/ll. The bomb attacks on churches and hotels is puzzling in that it seemed to reflect what has been said of terrorism; lots of people […]
FLASH: Hundreds more injured and are being treated in hospitals; Casualties include foreigners, government minister says. By Israel Hayom Seven people were arrested and three police officers were killed during a raid on a house in Colombo on Sunday as the death toll from a rash of bombings at churches and hotels in Sri Lanka […]
Thursday, President Trump said, “…not the right time to lift economic sanctions on NKorea” “At the right time I would have great support. This is not the right time,” President Trump said during an Oval Office meeting with SKorean President Moon Jae-In, after he was asked about re-opening the industrial park. President Moon has advocated […]
President Trump Friday did not yet reverse NKorea-related sanctions on 2 Chinese shipping companies, a Trump Administration source familiar with the matter said. The source was responding to queries about a tweet sent by Trump earlier in the day that said he had ordered the withdrawal of sanctions announced by the Treasury Department, a statement […]
UPDATE: Secretary of State Mike Pompeo Says Chairman Kim Told Him Several Times that He will Denuclearize US Secretary of State Michael Pompeo said NKorea’s Chairman Kim Jong Un has promised to eliminate his nuclear weapons program on at least 6 occasions and that now “we need to figure out how to do it.” “The […]
FLASH: Reports from commercial satellite images reveal that NKorea is rebuilding nuclear weapons testing site. President Trump’s NSA John Bolton knows the score, knows the mistakes of prior administrations with NKorea, is working to make real progress, and finally, the leverage is on our side right now. “The President has been very clear he is […]
FLASH: Members of the media should read President Trump’s “Art of the Deal” to understand President Trump’s decision to end negotiations with NKorean Chairman Kim Jong Un The Big Q: What does he say in that book? The Big A: If you want to be a great businessperson, up to the last sec in any deal, you […]
FLASH: President Trump said he is fully committed to his personal diplomacy with Chairman Kim. US President Trump and NKorean leader Kim Jong Un meet Wednesday for their 2nd Summit, betting that their personal relationship can break a stalemate over the North’s nuclear weapons and end more than 70 years of hostility. Despite little know […]
At SKorea’s northernmost train station, the tracks stop abruptly ahead of the demilitarized zone that marks the NKorean border. A sign reads: “The steel horse wants to run.” That may soon become a reality as US President Trump and NKorea’s Chairman Kim Jong Un prepare for a @nd summit next week in Vietnam. The outcome […]
The head of Australia’s competition watchdog warned Monday that tough new regulation of tech giants like Google and Facebook was needed to protect the future of independent journalism. Rod Sims, chairman of the Australian Competition and Consumer Commission (ACCC), said the market power wielded by Google and Facebook has had a devastating impact on Australian […]
Malaysia’s toppled leader Najib Razak will go on trial this week over an extraordinary financial scandal that contributed to the downfall of his long-ruling coalition and reverberated around the world. The former prime minister and his cronies are accused of stealing $4.5 billion from Malaysian sovereign wealth fund 1MDB in a mind-boggling fraud that stretched […]
The choice of Vietnam as the venue for a 2nd US-NKorea Summit this month shows the possibility of moving beyond conflict and division toward a thriving partnership, the US State Department said Thursday. State Department spokesman Robert Palladino told a news briefing that US Special Representative for NKorea Stephen Biegun was in Pyongyang to prepare […]
Stephen Biegun, the US special representative for NKorea, arrived in SKorea Sunday for working-level talks on a proposed 2nd Summit between President Donald Trump and Chairman Kim Jong Un. Mr. Biegun plans to meet his NKorean counterpart Kim Hyok Chol to discuss the agenda and other issues ahead of the Summit slated for later this […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US Jobs Report for January provided reminder that US labor market remained strong despite growth worries, market volatility, and partial government shutdown. Plus, January ISM Manufacturing Index up higher than expected at 56.6 (consensus 53.6), business is good too. Foxconn Technology Group (2454:TW) said Friday that after its Chairman […]
A once senior NKorean official was reportedly banished to a labor camp after Chairman Kim Jong Un accused him of “breaching doctrine” in a proposal for US-NKorean talks. Han Song Ryol, once the North Korean vice foreign minister, was sent to a “re-education camp” after he was removed from his position last year, a SKorean […]
High-level diplomatic talks to finalize a 2nd summit between President Trump and NKorean leader Kim Jong Un are happening this week in Washington. Secretary of State Mike Pompeo is expected to meet former NKorean chief diplomat Kim Yong Chol at a Washington hotel Friday. The meeting will likely be followed by Chairman Kim’s visit to […]
Former Nissan boss Carlos Ghosn said Tuesday he had been “wrongly accused and unfairly detained” at a high-profile court hearing in Japan, his first appearance since his arrest in November rocked the business world. In a statement prepared for the hearing and issued by a spokesperson, Ghosn was expected to conclude his remarks by saying: […]
NKorea’s leader Kim Jong Un said Tuesday he want to extend his Summitry with President Trump into Y 2019. During his televised New Year’s speech, Chairman Kim said he is ready to meet with President Trump at any time to produce an outcome “welcomed by the international community.” He told his countrymen that the North […]
President Donald Trump wants to a trade deal that will be good for the United States, China, and global growth, White House Council of Economic Advisers Kevin Hassett said Monday. The stock market responded, bouncing off its lows. “If a country came to the US right now and offered Zero tariffs, Zero non-tariff barriers, full […]
Indonesian Budi Ahmad used to live openly as a gay man without fear of becoming a target for violence in the world’s biggest Muslim-majority nation. Not any more. The country of 260 million is in the grip of a moral panic, with critics saying the vulnerable LGBT minority is being used as a political punching […]
President Trump, NKorea’s Chairman Kim to Meet in 2019 President Donald Trump plans to meet NKorean leader Kim Jong Un in the New Year. The United States and NKorea have been discussing a 2nd meeting between their leaders to follow up the Singapore Summit in June and lay the groundwork for ending a nuclear stand-off. […]
NY-T’s Story on Secret NKorean Missile Sites is ‘Fake News’ Tune out the Noise! US President Donald Trump lashed out at The New York Times calling its report about NKorean secret missile bases “inaccurate.” “The story in the New York Times concerning NKorea developing missile bases is inaccurate,” President Trump posted on Twitter. “We fully know about the sites […]
Goldman Sachs “cheated” Malaysia, leader Mahathir Mohamad said, after two former bankers from the Wall Street titan were charged over a scandal that allegedly saw billions looted from state coffers. The US Justice Department unveiled criminal charges this month against ex-Goldman bankers Tim Leissner and Ng Chong Hwa, accusing them of working with a Malaysian […]
The Monetary Authority of Singapore (MAS) announced today initiatives to enhance private markets financing channels, including a programme to place up to US$5 billion for management with private equity (PE) and infrastructure fund managers. 2 Mr Peter Ong, MAS Board Member and Chairman of Enterprise Singapore, highlighted the new initiatives at the Global Investor Summit […]
A China-backed bid to complete the world’s largest trade deal — without the United States — was pushed back to next year after Asia-Pacific trade ministers failed to agree key terms at a Singapore summit. The Regional Comprehensive Economic Partnership (RCEP), covering half the world’s population, is billed as an antidote to Donald Trump’s “America […]
Japan Joins the Global Shakedown of US Tech Giants Japan’s anti-trust authorities will probe whether tech giants such as Google and Amazon are using their market-leader positions to exploit contractors or obstruct competition, the country’s fair trade chief said Thursday. In an interview with the Mainichi Shimbun newspaper, the head of Japan’s Fair Trade Commission […]
The trade spat between the world’s two largest economies — China and the United States — is imperiling the entire Asia-Pacific, regional finance ministers have warned. In a statement, finance ministers meeting in Port Moresby said risks to the global economy had increased thanks to “heightened trade and geopolitical tensions”, a veiled reference to the […]
SKorea Defers to President Trump on SKorea Sanctions US President Donald Trump warned SKorea could “do nothing” on lifting NKorea sanctions without his approval, leading to SKorea to walk back a proposal to do so. Foreign Minister Kang Kyung-wha had said Wednesday that Seoul was considering lifting measures applied after a deadly attack in 2010 that killed […]
The head of the IMF Thursday called for an overhaul of Japan’s economic policy, as the world’s third-biggest economy battles stubborn low inflation, sluggish growth and a rapidly ageing population despite the fact that she was active in shaping Abenomics, and encouraged the printing of money at record rates. The hypocrite Christine Lagarde called for […]
Confidence among Japan’s biggest manufacturers has slipped for the third straight quarter, a key central bank survey showed on Monday, reflecting concern about trade wars and a string of natural disasters. The Bank of Japan’s Tankan report — a quarterly survey of about 10,000 companies — showed a reading of 19 among major manufacturers in […]
Asian markets were mixed Tuesday following the latest tit-for-tat tariffs in the China-US trade row, while investors are now looking ahead to the Federal Reserve’s next policy meeting. While the levies had been widely expected, there are concerns about how long the spat will go on for after China cancelled planned talks between the two […]
China is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries — loosely defined as having fast growing but volatile economies — have seen their currencies battered in recent weeks, plunging their finances into turmoil, and raising fears […]
NKorea’s 70th Anni Parade “a big and very positive statement” Sunday, US President Donald Trump saluted NKorean leader Kim Jong Un Sunday for holding a massive military parade “without the customary display of nuclear missiles” to celebrate his country’s 70th Anniversary. “This is a big and very positive statement from NKorea. Thank you To Chairman […]
President Trump Approaches His ‘Reagan Moment Economist Mohamed El-Erian predicts that President Donald Trump sees a 60% chance that President Donald Trump’s hard line with China and Europe yields “fairer trade.” The chief economic adviser to Allianz SE also set some other odds in a recent TV interview. El-Erian puts a 15% chance on a “Reagan moment” […]
Japan Hit with Trade War Losses Japan’s politically sensitive trade surplus with the United States shrank sharply in July, according to official data published Thursday, as the two allies continue to cross swords over US trade policy. The surplus with the US shrank 22.1 percent with reduced shipments of motor vehicles and microchip-making equipment dragging […]
Japan bounced back to growth following its first contraction in two years, official figures showed Friday, but fears of US trade wars clouded the outlook for the world’s third-largest economy. The economy grew 0.5 percent quarter-on-quarter in the April-June period, compared with a 0.2-percent decline in January-March, according to data from the Cabinet Office. The […]
Philippine economic growth slowed sharply in the second quarter and fell well short of expectations as a result of policy decisions that included the shutdown of holiday island Boracay, officials said Thursday. The six percent expansion in April-June was the weakest in three years and ended a run of 10 consecutive quarters in which the […]
North Korea’s media on Sunday reported leader Kim Jong-un’s aggressive on-site inspections of key sites for economic reconstruction amid lackluster progress in denuclearization talks with the United States. The Rodong Sinmun, the daily of the North’s ruling Workers’ Party, said that since late June, Kim has traveled to some 20 sites in North Pyongan Province, […]
Asian countries have voiced concern about the potentially devastating impact of a US-China trade war, with ministers calling for the acceleration of talks for a gigantic Beijing-backed free-trade deal that excludes the United States. Fear that a simmering trade spat between the world’s top two economies could spiral into a full-blown trade war — with […]
This week, this city-state will again become a stage for major diplomacy on the Korea peace process. The top diplomats of more than two dozen nations, mostly from the Asia-Pacific region, are descending on Singapore for the annual ASEAN Regional Forum (ARF), at which North Korea has been traditionally a key issue. The ARF, slated […]
Malaysia Airlines flight MH370: Still No Answers A detailed report on the disappearance of Malaysia Airlines flight MH370 in 2014, released by a safety investigation team Monday, failed to determine the cause behind the mishap and left many questions unanswered due to lack of evidence. “It should be recognized that due to the significant lack […]
Our Plane is Headed to NKorea for US ‘Korean Conflict’ Remains A US aircraft flew to NKorea Friday to collect the remains of American troops killed in the Korean Conflict, the latest step in ongoing diplomacy between Washington and Pyongyang. NKorea is expected to hand over the remains of a number of US service members […]
Asian stocks erased early gains and slipped back Thursday as investor relief at US President Donald Trump and the European Commission chief’s plan to ease trade tensions was offset by disappointing US earnings. Trump and Jean-Claude Juncker announced the agreement after talks Wednesday at the White House, as the two major economies sought to end […]
BRICS Prepare for Trade War Leaders of the BRICS emerging economies — Brazil, Russia, India, China and South Africa — will gather in Johannesburg on Wednesday for a three-day meeting focused on the threat of a US-led global trade war. US President Donald Trump’s hardening stance has compounded fears of an all-out trade war after […]
President Trump’s Foreign Policy, “So Far, So Good” Thursday, Senator Tim Scott (R:SC) characterized President Donald Trump’s foreign policy chops as “so far, so good.” In an afternoon TV interview the South Carolina Republican insisted that “we have to have confidence in the President of the United States when he says what he says.” “The […]
Trump Remains Committed to North Korea U.S. President Donald Trump said Tuesday that there is “no time limit” on dismantling North Korea’s nuclear weapons program, appearing to take a step back from earlier demands for immediate denuclearization. Trump’s remarks came a month after his historic summit with Kim Jong-un, during which the North Korean leader […]
South Korea plans to revise a law to foster inter-Korean exchanges and support companies doing business with the North, the unification ministry said Tuesday. The law revision would oblige the government to put any restrictions and bans on economic projects with North Korea to a Cabinet review and provide support to help normalize the operations […]
Travel Warning: Indonesia is Anti-Gay Don’t be fooled in to thinking Bali is some special Buddhist Island, Bali is part of Indonesia and it is an increasingly dangerous place to be Gay. If you are Gay it is probably best to skip Bali, if you do not like a regime that deliberately oppresses Gay people, […]
Mahathir Arrests Najib, Saudi Royal Family May Face Tough Questions Malaysia’s disgraced former prime minister Najib Razak, who is to be charged in court on Wednesday in connection with the multibillion-dollar financial scandal at the 1MDB state fund he helped set up, is facing the prospect of a lengthy jail term. The involvement of the […]
Asian investors were on course to end a tumultuous week with more losses on Friday as the prospect of a debilitating global trade war hung over regional markets. As European Union tariffs on key US goods — including jeans, bourbon and motorcycles — came into effect, there were fears China and the US will carry […]
At a casino school in Tokyo, croupier-in-training Takuto Saito settles behind a green table and reaches for the roulette wheel, addressing a group of imaginary punters: “Spin up. Place your bets.” The 24-year-old has never set foot in a casino, but he is gambling that new laws opening up the lucrative sector will soon create […]
ASEAN to Grow as China Boosts Imports China has reassured the world that its stance on encouraging imports will not change, a major development strategy that will not only help domestic industrial upgrades but also stimulate global economic growth. A slew of incentives will be taken to further boost imports, the State Council, China’s cabinet, […]
South Korea’s top diplomat said Monday her government aims to formally end the Korean War by the end of this year and that the leaders of North Korea and the United States have discussed the issue. Foreign Minister Kang Kyung-wha stressed, however, South Korea is flexible on the specific timing and format of the envisioned, […]
Thailand Asserts Financial Leadership in Southeast Asia Thailand is forming and leading a new Southeast Asian fund for infrastructure and development projects, Thai Prime Minister Prayuth Chan-ocha told a Summit in Bangkok Saturday to counter reliance on China and the other Asian giants. The fund, which Thailand will jointly manage with 4 countries in the […]
Bank of Japan head Haruhiko Kuroda defended its decision to press ahead with the country’s ultra-loose monetary policy Friday, even as the US Federal Reserve and European Central Bank tighten their policies. After a two-day meeting, the BoJ said it would retain its current framework, pointing to a disappointing lack of progress towards its longstanding […]
President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]
President Trump and Chairman Kim ‘inked’ Agreement for Prosperity and Peace US President Donald Trump said a historic Summit with NKorea’s Chairman Kim Jong Un Tuesday in Singapore went “better than anybody could have expected”, and they signed a document following talks on ways to end a nuclear standoff on the Korean Peninsula. The Summit […]
President Trump Forecasts a “nice” Outcome for the Summit US President Donald Trump announced late last night that he will be leaving Singapore early because the nuclear negotiations have moved “more quickly than expected.” President Trump spoke briefly, forecasting a “nice” outcome for the Summit during a meeting with Singapore’s PM. “The discussions between the […]
Malaysia and the Trans-Pacific Partnership Malaysia’s newly-elected prime minister called Monday for the Trans-Pacific Partnership to be “renegotiated,” and urged protection for small countries in international trade. Malaysia, along with 10 other countries, pushed ahead with the TPP in March despite Donald Trump having yanked the United States out of the huge multilateral trade deal. […]
President Trump Left the G7 in Turmoil President Trump disavowed the G7’s joint statement with a Tweet He also criticized Prime Minister Justin Trudeau as weak and dishonest. Saturday, US President Donald Trump left the G7 nations in turmoil, just as, China’s Xi Jinping and Russia’s Vladimir Putin were coming together on the other side […]
Investors are keeping close tabs on various scenarios that could potentially lead to a “June crisis” amid key global market-moving and political events. Increased volatility caused by rate hikes in the United States and eurozone risks, among other things, and the subsequent market adjustment are all likely, but it seems far-fetched to translate this as […]
World powers are jostling for influence over the Korean Peninsula ahead of next week’s summit between U.S. President Donald Trump and North Korean leader Kim Jong-un, which is expected to mark a shift in Northeast Asian geopolitics and security. In the lead-up to the historic summit set to be held in Singapore next Tuesday, China, […]
President Trump, “The Summit is back on” President Donald Trump said Friday that his Summit with North Korean dictator Kim Jong Un is back on for next month in Singapore, telling reporters that “the relationships are building — and that’s very positive.” “We’ll be meeting on June 12 in Singapore,” President Trump said outside the […]
Majority Ownership Key to US in Trade Talks With China The United States hopes to convince China into letting American investors hold a majority stake in Chinese ventures, Larry Kudlow, President Donald Trump’s top economic adviser, said Thursday. The demand will be part of formal trade talks between the US and China to begin Saturday […]
China will further cut import tariffs for daily consumer goods starting July 1, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday. The average tariff rate for clothing, shoes and hats, kitchenware, and sports and fitness supplies will be reduced from 15.9 percent to 7.1 percent, and that for […]
AirAsia and Tony Fernandez: Corruption in India and Malaysia In India The CBI alleges that in 2015-16, Air Asia lndia Limited (AAIL) had remitted about $1.8m USD to HNR Trading “for a sham contract on the basis of a bogus agreement on plain papers, which was used for allegedly paying bribe to unknown government servants […]
NKorea’s Economic Potential is Huge, Peace Looms Virgin Natural Resources: Crude Oil, Nat Gas Exploration and Minerals Mining to Open Up Sunday, US President Donald Trump said that he truly believes North Korea has “brilliant potential and will be a great economic and financial Nation one day” just as the historic Summit with NKorean leader […]
President Trump Worthy of Nobel Prize if NKorea Negotiations Succeed Tuesday, former US President Jimmy Carter declared that he believes President Donald Trump is worthy of the Nobel Peace Prize if negotiations with North Korea’s leader Kim Jong Un are successful. That assessment from Mr. Carter, a Nobel laureate himself, came in an interview Tuesday, “If […]
US Made No Concessions to NKorea Tuesday, US Vice President Mike Pence said no concessions have been given or offered to NKorea in the run-up to a June Summit between the President Trump and President Kim Jong Un. VP Pence said in a radio interview that the US remains open to the Smmit between Presidents Trump […]
Police are still conducting search at the private residence of former prime minister Datuk Seri Najib Tun Razak in Taman Duta. Several personal items such as handbags, clothes and gifts were seized from the home of former Prime Minister Datuk Seri Najib Tun Razak at his personal residence in Jalan Langgak Duta, Taman Duta here […]
Philippines Develops Close Ties to China Chinese leader Xi Jinping once offered Rodrigo Duterte personal assurances his country “won’t go to the dogs,” the Philippines president said, noting that the former colony won’t become Washington’s “vassal” ever again. “’We will be there if you need us,’” Duterte said on Tuesday, recalling a conversation with the […]
Travel Warning: Another Terror Attack in Indonesia Tourists and Visitors should think twice before traveling to Indonesia, especially Bali as a wave of terror attacks have swept the country. Indonesian police have shot dead four men armed with swords after they attacked a police station on the island of Sumatra. One policeman was reported killed […]
AirAsia May Not Survive Tony Fernandes Politics AirAsia Group Bhd looks set to sink well below the RM3 mark and may well trade in the RM1 to RM2 range long term, it is widely expected that links between the Company and ousted Malaysian Prime Minister will be investigated vigorously. Najib has faced not only a […]
A number of firms are making inquiries about the now-shuttered joint industrial complex in North Korea’s border city of Kaesong, industry sources said Sunday, as the two Koreas move to implement a set of agreements signed during their leaders’ historic summit last month. According to the insiders from a private task force representing South Korean […]
Malaysian Prime Minister Mahathir Mohamad moved swiftly against predecessor Najib Razak just days after his shock election win, banning him from leaving the country and planning to reopen a probe into a multibillion dollar scandal at a state fund that Najib helped set up. Even as a chastened Najib said he would support a smooth […]
AirAsia Downgraded: Fernandes Support of Najib Will have Consequences Ongoing investigations are possible as the relationship between AirAsia, Najib and the Government will come under scrutiny in coming months. The Malaysian aviation regulator will investigate claims made by AirAsia boss Tony Fernandes that he had been “summoned” and told to cancel extra flights for last […]
Indonesia is under attack from Muslim extremists with the groups staging multiple attacks over several days. Tourists in Indonesia, especially Bali should take extreme caution as the country continues to loose control to fundamentalists. An explosion has hit a police station in Surabaya, Indonesia. It comes a day after coordinated suicide blasts at three churches […]
At least 11 people have been killed in three seemingly coordinated suicide bombings that hit churches in the second-largest city of Indonesia, police said. Dozens of people have been injured. “The victims are still being identified,” said East Java police spokesman Frans Barung Mangera. Police say they have also secured a fourth, unexploded bomb at […]
Indonesia has become a dangerous place for Christians since a wave of fundamentalism swept Jakarta and an Islamist Mayor was installed to power. Travelers should avoid Indonesia including the resort Island of Bali, the scene of a massive attack killing over 200 before. Indonesian Police have confirmed that at least 10 people have been killed […]
Mahathir Mohamad, 92, a former Malaysian prime minister who led the opposition to achieve a stunning victory in the general election, took the oath of office on Thursday night, becoming the world’s oldest government leader. Mahathir won the election after his coalition Pakatan Harapan secured 113 seats out of the 222 seats at the parliament’s […]
China, Japan and South Korea injected fresh confidence into global growth on Wednesday by reaffirming their commitment to economic globalization as well as trade and investment liberalization. Chinese Premier Li Keqiang, Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in made the pledge here at a trilateral meeting, giving a big boost for […]
Dr Mahathir 92 the long time leader and now opposition leader said today he feels “very good and confident of winning” Malaysia’s 14th General Election after some five million people followed his final campaign message last night. Mahathir claimed that out of the five million people who followed his speech last night, his online live […]
Malaysian Prime Minister Najib Razak and former Prime Minister Mahathir Mohamad found no time to rest on their final day of campaigning before the general election, both making live speeches on Tuesday night to appeal to Malaysian voters for support in a last-minute show-down. Najib, who is leading the ruling coalition Barisan Nasional (BN) to […]
China and Indonesia Deal Helps ASEAN Ahead of Chinese Premier Li Keqiang’s official visit to Indonesia next week, experts said stable ties between the two major developing economies will also enhance China’s cooperation with the Association of Southeast Asian Nations (ASEAN). In recent years, China and Indonesia have seen frequent high-level exchanges, enhancing political mutual […]
The Asian Development Bank (ADB) has reiterated its view that the Philippine economy will grow by an even faster clip in the years ahead on the back of rising manufacturing and other investments. Ramesh Subramaniam, ADB Director General for Southeast Asia, said rising labor productivity, as well as investments in manufacturing and technology are building […]
Asian nations should pursue an independent foreign policy to achieve their own development goals, without mimicking the West or seeking its blessing, the Filipino leader has suggested to members of the Asian Pacific community. “Asia’s development experience shows us that it is futile to simply mimic the West,” Rodrigo Duterte told delegates at the closing […]
Date, Place for NKorea Peace Summit Set, Will Be Announced Soonest Friday, US President Donald Trump told reporters on the WH lawn that the date and location were set for a meeting with NKorea’s leader Kim Jong Un, and that the details would be announced very soon. The White House has said the historic peace […]
President Trump, “The main thing, I want to get is peace.” Monday, SKorea’s President Moon said that US President Trump should receive the Nobel for trying to end the War with Pyongyang. Tuesday in the Oval Office President Donald Trump said that SKorean President Moon Jae-in was “very nice” to say he deserved the Nobel […]
China has moved to support the issuance of rental properties-backed securities to help finance a burgeoning rental housing market, a crucial part of its planned policy package that aims to stabilize the real estate sector. The real estate investment trust (REIT), a means of property asset securitization, will be piloted for developers to raise funds, […]
NKorea’s Economy is the Focus Now President Kim shifts to Economy, ditches Nuclear testing President Kim Jong Un’s suspension of NKorean nuclear tests has economic focus. Kim’s statement at a ruling party meeting Friday includes a pledge to seek a “favorable” international environment for economic development so that he can put the economy “on an […]
President Trump’s ‘Maximum Pressure’ Unnerved NKorea’s Leader President Trump’s campaign of “maximum pressure’ put on NKorea caused its President Kim Jong Un to step back and away from its nuclear and missile testing activities, White House Director of Strategic Communications Mercedes Schlapp said Saturday. “It clearly shows President Trump’s vision in focusing on denuclearizing North Korea, […]
North and South Korea to Announce the End of War US President Trump’s influence in this peace making is paramount South and North Korea have discussed plans to announce an official end to the ‘war’ between the 2 countries. At next week’s Summit between SKorea President Moon Jae-in and NKorea leader Kim Jong Un, the […]
China’s non-financial outbound direct investment (ODI) continued to see double-digit growth in the first quarter of the year, official data showed Monday. Domestic investors made 25.5 billion U.S. dollars of non-financial ODI in 2,023 overseas enterprises in 140 countries and regions for January-March, the Ministry of Commerce (MOC) said. The figure was up 24.1 percent […]
Talks Underway in Secret to Prepare for Coming US-NKorea Summit The US and NKorea are engaged in secret and direct talks to prepare for a summit between President Donald Trump and NKorean leader Kim Jong Un. Central Intelligence Agency (CIA) Director Mike Pompeo, who President Trump has tapped to be his Secretary of the State, […]
President Trump, “US Technology is Not for Sale” $QCOM, $AVGO With President Trumps rejection of Broadcom Ltd.’s(NASDAQ:AVCO) hostile takeover of Qualcomm Inc., (NASDAQ:QCOM) he sent a clear signal to overseas investors: Any deal that could give China an edge in Key technology will be rejected in the name of national security. Broadcom is based in […]
President Trump on NKorea: ‘Deal Much in the Making’ US President Donald Trump Tweeted Friday that “the deal with North Korea is very much in the making” — touting that “if completed,” it would be “a very good one for the world.” The time and location of the session with dictator Kim Jong Un remain […]
US-NKorean Summit Now On the Cards US President Donald Trump is ready to meet NKorean leader Kim Jung by May in response to Kim’s invitation to hold the 1st-ever US-NKorea summit, a SKorean envoy said, marking a potentially dramatic breakthrough in the North Korea nuclear standoff.Kim has committed to “denuclearization” and to suspending nuclear or […]