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The British government has sold 1.24 billion pounds ($1.58 billion) worth of shares in NatWest Group back to the lender, it said on Friday, decreasing its stake to about 22.5% from nearly 26% previously.
HONG KONG — China will reinstate tariffs on 134 items it imports from Taiwan next month after the Ministry of Finance said it would suspend concessions given on the items under a trade deal because Taiwan had not reciprocated.
The U.S. secretary of defense, Lloyd J. Austin III, and China’s minister of defense held their first face-to-face talks in 18 months on Friday, against a backdrop of distrust over Taiwan, the South China Sea and other regional disputes.
TANJUNG SELOR, Indonesia -- Indonesian company Kayan Hydro Energy is exploring new potential partnerships after its agreement to jointly develop a large hydroelectric station on Borneo island with Japanese trading house Sumitomo Corp. reached a stalemate.
Stocks closed lower Thursday as Salesforce logged its worst day in around two decades. Traders also looked ahead to the release of key U.S. inflation data.
Seoul and Tokyo, by contrast, denounced Pyongyang’s satellite launch plans, which violate UN sanctions and undermine the Korean peninsula’s stability. The diverging security visions confirmed the challenge of harmonising the trio’s regional priorities.
The data feeds for key market averages had an issue on Thursday that caused the calculations for the S&P 500 and the Dow Jones Industrial Average to halt for about an hour. Trading continues normally and individual stock prices did not appear affected.
