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MANILA — The Philippines urged Beijing on Monday (Aug 12) to heed calls to de-escalate tensions in the South China Sea after what it described as "very dangerous" actions by its air force which came after the two nations have agreed to better manage maritime disputes.
The Chinese yuan is emerging as the next major currency to closely monitor in the aftermath of the dramatic reversal of the Japanese yen carry trade.
Philippine President Ferdinand Marcos Jr. condemned on Sunday Chinese air force actions in waters of the South China Sea claimed by both countries, calling the actions “unjustified, illegal and reckless.”
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Beijing’s policy is calibrated accordingly by factoring Manila’s more assertive approach and Hanoi’s “low profile” way of managing the dispute, analysts say.
PARIS (Reuters) -- The United States topped the medals table at the Paris Olympics with 40 golds after the final title was decided on Sunday, finishing above China only by virtue of its 44 silvers.
TOKYO -- Chinese courts have been handing down a series of judgments related to generative artificial intelligence, indicating how Beijing views the technology and aims to take the lead in setting standards.
Manila and Beijing accused each other on Saturday of disrupting their militaries’ operations around the Scarborough Shoal in the first incident since Marcos took office in 2022 in which the Philippines has complained of dangerous actions by Chinese aircraft, as opposed to navy or coastguard vessels.