USTR Katherine Tai says U.S.-India relationship has reached new heights

USTR Katherine Tai says U.S.-India relationship has reached new heights

Katherine Tai, U.S. Trade Representative on the first day of the three-day B20 Summit in New Delhi, India. Sajjad Hussain | Afp | Getty Images U.S. Trade Representative Katherine Tai said the U.S.-India relationship is reaching new heights as the two align “across all the policy areas.” While Washington has long seen potential in its … Read more

Honor Magic V2 foldable phone launch: Specs, price, details

Honor Magic V2 foldable phone launch: Specs, price, details

Honor released its Magic V2 foldable on July 12, 2023, starting with the China market. Honor Chinese consumer electronics firm Honor launched its flagship foldable smartphone overseas — venturing into a high-end market dominated by Samsung and Apple. The Honor Magic V2 will go on sale in markets in Europe and elsewhere — but not … Read more

Japan to release treated water into the ocean

Japan to release treated water into the ocean

Fisherman Haruo Ono’s fishing boats are pictured at Tsurushihama Fishing Port, Shinchi-machi of Fukushima Prefecture, some 60 kms north of the wrecked Fukushima Daiichi nuclear plant on August 21, 2023. Philip Fong | Afp | Getty Images Japan is expected to start releasing a huge amount of treated radioactive water from the tsunami-hit Fukushima nuclear … Read more

China says the best way to ‘de-risk’ is to restore stability with the U.S.

China says the best way to ‘de-risk’ is to restore stability with the U.S.

U.S. President Joe Biden having a virtual meeting with his Chinese counterpart Xi Jinping from the Roosevelt Room of the White House in Washington, DC, on November 15, 2021. Mandel Ngan | Afp | Getty Images BEIJING — China’s Ministry of Commerce said Thursday that restoring stability in U.S.-China trade relations is the best way … Read more

Global growth to slow, but India, Indonesia may be bright spots: Moody’s

Global growth to slow, but India, Indonesia may be bright spots: Moody’s

An aerial view shows the Central Bank of India building, in Mumbai, India, 28 September, 2022. (Photo by Niharika Kulkarni/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The global economy is set to slow down as inflation remains stickier than expected — but there may be some “pockets of resilience,” according to Moody’s … Read more

Adani shares slide after report alleges ‘opaque’ offshore investment funds

Adani shares slide after report alleges ‘opaque’ offshore investment funds

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | Afp | Getty Images Shares of Adani Enterprises, as well as its subsidiaries, fell on Thursday following new allegations published by global investigative journalism network the Organized Crime and Corruption Reporting … Read more

Raimondo meets Chinese officials as countries seek more stable relationship

Raimondo meets Chinese officials as countries seek more stable relationship

U.S. Secretary of Commerce Gina Raimondo is set to meet with senior Chinese officials and U.S. business leaders in Beijing as the two countries continue high-level talks. Her trip is a crucial but also a tough one to tread with U.S.-China economic ties hanging in the balance, according to a former senior U.S. diplomat. “Gina … Read more

Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia is starting trial runs for its first high-speed train, which will connect the capital Jakarta to a neighboring city of Bandung, after years of delays and cost overruns plagued the project. Bloomberg | Bloomberg | Getty Images A $7.3 billion high-speed electric rail line between Indonesia’s two biggest cities is set to be launched … Read more

Qantas delivers record profit, international fleet set to increase

Qantas delivers record profit, international fleet set to increase

Australia’s Transport Workers’ Union have asked Qantas’ CEO to resign over for “empty promises to frustrated passengers” and “announcing more tactics to silence workers and suppress wages.” Phil Noble | Reuters Australia’s flagship carrier Qantas Airways reported a record annual profit on Thursday as demand for air travel continues to boom post-pandemic, with the airline … Read more

Singaporeans vote for a new president on Friday

Singaporeans vote for a new president on Friday

An undated aerial view of Singapore’s Marina Bay at night. Nikada | E+ | Getty Images SINGAPORE – As Singaporeans prepare to head to the polls this Friday to elect their ninth president, the campaigning has so far tested the narrow confines of the presidential office — underscoring simmering disenchantment at the status quo. A … Read more