President Joe Biden’s latest and largest Taiwan arms sale represents a “significant broadening” of US support for the island, according to observers citing the first-ever inclusion of an advanced missile defence system battle-tested in Ukraine. Last week’s scale-up comes amid rising aerial threats from the People’s Liberation Army, they have pointed out. Unlike previous Biden…
Discover the world’s wealthiest individuals, from Musk and Bezos to Bill Gates and Warren Buffett, as we rank the 15 top billionaires each with a net worth exceeding US$100 billion and explore the sources of their fortunes. 2. Discover the wealth of the world’s richest lawyers, from Nicole Shanahan and Sergey Brin to Bill Neukom…
HONG KONG (AP) — A British businessman was ordered Friday to remain in custody after being charged with murder in Hong Kong over the death of an Indonesian woman at a park waterfall. Jamie Tzewee Chapman, 34, did not enter a plea in the court appearance and his lawyer did not request bail. The judge…
Citigroup Inc.’s country officer and head of banking for China Luke Lu is departing after being in the role for less than a year. Lu, who was appointedBloomberg Terminal in late January, is leaving for personal reasons and the bank has started the search for his replacement, a Citi spokesperson said in an emailed response…
BEIJING (AP) — Typhoon Kong-rey weakened to a tropical storm overnight and was forecast to bring heavy rain and high winds to Shanghai and other parts of China’s east coast Friday. The storm crossed Taiwan at typhoon strength on Thursday, bringing down trees and causing landslides that covered roads and damaged houses. Two people died…
By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnated in October as a rebound in China failed to give much of a boost to regional factories, private surveys showed, a discouraging sign for policymakers bracing for a potential escalation of U.S.-China trade tensions. The readings come as the International Monetary Fund (IMF) warned of…
Asian equities fell after US stocks dropped on lackluster tech results. A rally in Treasuries favored the long end of the curve ahead of US jobs data due later Friday. Shares in Japan, South Korea and Australia declined, while a gauge of US-listed Chinese companies dropped for a third straight day on Thursday. The S&P…