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HONG KONG -- China's securities regulator on Friday said it has penalized embattled developer China Evergrande Group for fraud related to the issuance of onshore bonds, although it appeared to be repeating what the developer itself had disclosed in March.
SINGAPORE -- Philippine President Ferdinand Marcos Jr. condemned maritime aggression in the South China Sea at one of the region's biggest security forums, without naming China.
WASHINGTON (Reuters) -- The United States is imposing new visa restrictions on Chinese and Hong Kong officials over guilty verdicts in the national security law trial of pro-democracy organizers in Hong Kong, the State Department said on Friday.
China has fined China Evergrande's onshore flagship unit 4.18 billion yuan ($577 million) for fraudulent bond issuance and illegal information disclosure, the China Securities Regulatory Commission (CSRC) said on Friday.
SINGAPORE: The Five Power Defence Arrangements (FPDA) will be expanding cooperation into non-conventional areas, such as counterterrorism, maritime security, humanitarian and disaster relief, as well as cyber and drone warfare.
BEIJING: China's deeply indebted property giant Evergrande has been fined 4.18 billion yuan (US$577.1 million) for fraudulent business practices, Beijing's financial regulatory body said Friday (May 31).
Britain’s Rolls-Royce has signed a contract to supply engines to power a new class of Japanese warship that will be among the largest and most powerful to be operated by an Asia-Pacific navy.
In the joint declaration issued after the Monday summit, the three countries called for wide-ranging cooperation, including resuming negotiations on a free-trade agreement as well as expanding people-to-people exchanges.