Fed likely to cut rates before ECB blinks, former BOE member says
The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market expectations.
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China sanctions 2 U.S. companies over ‘support for arms sales to Taiwan’
BEIJING (AP) — China on Thursday announced sanctions against two U.S. defense companies over what it says is their support for arms sales to Taiwan, the self-governing island democracy Beijing claims as its own territory to be recovered by force if necessary.
Biden, Kishida, Marcos Jnr trilateral to show support for Philippines amid confrontations with China: US officials
The leaders will unveil a series of security and economic initiatives as part of the effort, the officials told reporters on Wednesday.
243 million children in Asia at risk from ‘lethal threat’ of heatwaves: UN
Unicef data showed over 243 million children across the Pacific and East Asia were estimated to be affected by heatwaves, putting them at risk of heat-related illnesses and death.
China consumer price growth slows, renewing deflation fears
SHANGHAI -- China's consumer prices rose at a slower pace and the decline in producer prices widened in March, renewing concerns about deflationary pressure in the world's second-largest economy.
China’s Xi hosts former Taiwan president in Beijing, in rare meeting echoing bygone era of warmer ties
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South Korea opposition wins landslide midterm vote in resounding blow to President Yoon
Seoul, South Korea CNN —
South Korea opposition wins landslide parliamentary vote in blow to Yoon
SEOUL - South Korea's liberal opposition parties scored a landslide victory in a parliamentary election held on April 10, dealing a resounding blow to President Yoon Suk Yeol and his conservative party but likely falling just short of a super majority.