President Biden will convene with allies this week at a NATO summit in Madrid, which is expected to focus on the security alliance projecting its unity and coordination amid Russia’s war in Ukraine. The meeting, which follows the Group of Seven summit in Germany, is expected to cover a hosts of issues beyond the Russian … Read more
SINGAPORE — Shares in the Asia-Pacific traded higher on Monday as investors assess inflation and recession fears. Hong Kong’s Hang Seng index led gains in the region, rising 2.41% in its final hour of the day after trading more than 3% higher in the session. The Hang Seng Tech index popped 4.63%. Alibaba’s shares in … Read more
The G7 Partnership for Global Infrastructure and Investment will help finance infrastructure projects in developing nations. The leaders of the Group of Seven (G7) nations have pledged to raise $600bn in private and public funds over five years to finance infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project. US President … Read more
ELMAU, Germany (AP) — President Joe Biden and western allies opened a three-day summit in the Bavarian Alps on Sunday intent on keeping economic fallout from the war in Ukraine from fracturing the global coalition working to punish Russia’s aggression. Britain’s Boris Johnson warned the leaders not to give in to “fatigue” even as Russia … Read more
Some American diplomats and intelligence officers suffering from the mysterious neurological affliction known as Havana Syndrome may be eligible for federal compensation ranging from about $140,000 to $187,000, according to draft rules published by the State Department on Friday. Though the guidelines are a step forward for those suffering from the syndrome, concerns about disparate … Read more
Chinese President Xi Jinping said the world should oppose unilateral sanctions and efforts by some countries to maintain their political and military power – a veiled shot at the United States and its allies over opposition to the war in Ukraine. Xi’s remarks on Thursday at the virtual meeting of the leaders of Brazil, Russia, … Read more
COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighboring India and China and … Read more
The assault, which took place in the early hours of June 10, saw several women repeatedly kicked and punched by a group of men. It sent shock waves across China after surveillance footage of the incident was leaked online. A day after the attack, the Tangshan police issued a statement saying two women were hospitalized … Read more
It was a land-based mid-course missile tested within China’s borders, the ministry said in a brief statement, adding the test was defensive in nature and not targeted against any country. Anti-ballistic missile systems are meant to shield a country from potential attacks by using projectiles to intercept incoming missiles, including intercontinental ballistic missiles (ICBMs). Some … Read more
The Chinese navy, under instruction from President Xi Jinping, has undergone a modernisation and expansion programme that is nothing short of spectacular. Friday’s launch of its third and most advanced aircraft carrier, the Fujian, for sea trials underscores just how far it has come, and how fast. The first two carriers, the Liaoning and Shandong, … Read more