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MANILA — The Philippines urged China on Wednesday (June 19) to avoid actions that endanger sailors and vessels in the South China Sea, saying peace could not be achieved if China's words did not match its behaviour in the disputed waters.
An expected decline in interest rates could be stalled if the prospective tariffs of Donald Trump's second White House administration bleed into markets and shore up inflation, UBS CEO Sergio Ermotti warned Tuesday.
MOSCOW (AP) — Russian President Vladimir Putin had a call Tuesday with Chinese President Xi Jinping, emphasizing the two countries’ close ties, a day after Donald Trump was sworn in as the 47th U.S. president.
The BCM, established as a forum for dialogue, has often been weighed down by the deep mistrust between the two neighbours. But this time, envoys described the talks as “frank and constructive”, according to the Philippines’ foreign affairs department.
Malaysia and Thailand have pledged to clamp down on Chinese companies transshipping goods through their territories to dodge US tariffs, but analysts say their warnings are unlikely to stop a rapid surge in Chinese investment into Southeast Asia.
China’s record US$3.7 billion investment in a Sri Lankan oil refinery has sparked fresh security concerns in India, analysts say, as New Delhi sees the growing Chinese presence near its borders as a strategic threat.
BANGKOK (AP) — Myanmar’s military government and a major ethnic rebel group in the country’s northeast have signed a formal ceasefire agreement, mediator China said Monday.
The Chinese yuan is widely expected to depreciate against an ascendant U.S. dollar. A thornier question confronting market watchers: Just how far and fast the currency could slide?
QUETTA, Pakistan (AP) — Pakistan’s largest airport, funded and built in the country’s restive southwest by Beijin g, has become operational, officials said Monday.