Hints of a yuan versus yen currency war
TOKYO – The costs of a chronically weak yen just grew by US$18 trillion as China’s economy, Asia’s biggest, may be joining the race to the bottom.
Asian news from China
Apple to launch Vision Pro in China this year, Tim Cook says
Apple will launch its Vision Pro headset in China this year, CEO Tim Cook told Chinese state media.
China's new guidelines block Intel and AMD chips in government computers: FT
China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking chips from Intel and AMD, the Financial Times reported on Sunday.
China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
China has two choices right now: return to its old economic policies, or choose reforms to spur growth, according to the International Monetary Fund's Managing Director Kristalina Georgieva.
CNBC Daily Open: U.S. labor market is in 'good shape'
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
Philippines lodges its ‘strongest protest’ against China over a water cannon assault in disputed sea
MANILA, Philippines (AP) — The Philippines lodged its “strongest protest” against Beijing on Monday and summoned a senior Chinese diplomat over a water cannon assault by the Chinese coast guard that injured Filipino navy crew members and heavily damaged their boat in the disputed South China Sea, officials said.
Say ‘xie xie’ and forget Taiwan? South Korea’s Yoon taps public resentment to snub calls for better Beijing ties
Analysts say Yoon’s position aligns with the “resentment against China” felt by much of the Korean public, with polls suggesting seven out of 10 South Koreans have an unfavourable view of the country.
