How the debt ceiling showdown could play into China's hands and weaken US global power
President Joe Biden's pledge to the world that "America is back" after a period of political turbulence is looking a little shaky after a debt showdown with Republicans forced him to shorten an Asia-Pacific trip designed to showcase US power amid a challenge from China.
2023-05-17 12:18
Founder Behind Mega China Bicycle Bust Starts Over in NYC
In February last year, a tiny coffee store with red neon signs opened at Gramercy Park, one of
2023-05-17 12:16
Australia Pay Gains Suggest Economy Will Avoid Wage-Price Spiral
Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting
2023-05-17 11:47
Australia’s Treasury Wine Sees Long Recovery From China Tariffs
Australia’s wine exports to China could take years to recover fully after any easing of steep tariffs, the
2023-05-17 11:28
Ayala Poaches Credit Suisse Philippines Head Uy for M&A, Sources Say
Credit Suisse Group AG’s head of the Philippines Mark Robert Uy is leaving the bank and joining Ayala
2023-05-17 11:26
Los Angeles Cash Bail Restricted by Judge During Court Challenge
The cash bail system in Los Angeles was curtailed by a state judge who issued a preliminary injunction
2023-05-17 11:26
Russian Refineries Send Record Fuel-Oil Flows to China in May
Russia’s fuel-oil suppliers are on track for record exports to China this month as smaller refineries in the
2023-05-17 11:23
China Restarts GDR Approvals With New Rules on Registration
China’s securities regulator has announced new rules on global depositary receipts, paving the way for the resumption of
2023-05-17 10:58
Biden Drops Australia, Papua New Guinea Visit for Debt Talks
President Joe Biden has scrapped planned stops in Australia and Papua New Guinea following his trip to Japan
2023-05-17 10:58
Asian shares tentative, US debt ceiling talks weigh on risk appetite
By Ankur Banerjee SINGAPORE Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak
2023-05-17 10:56
Japan’s Biggest Banks Add $27 Billion to Foreign Bond Holdings
Japan’s biggest banks raised their overseas bond holdings by $27 billion in the three months through March, underscoring
2023-05-17 10:54
Xi Orders All-Out Rescue as 39 Missing After Boat Capsizes
President Xi Jinping ordered an all-out rescue after a Chinese fishing boat capsized in the Indian Ocean in
2023-05-17 10:53