Donald Trump explained at the National Republican Congressional Committee’s (NRCC) annual fundraising dinner Wednesday, March 25, why he avoids using the word “war” to describe the Iran conflict. Trump says he won’t call Iran conflict ‘war’ because he doesn’t have ‘approval,’ triggers outrage (Photo by CHIP SOMODEVILLA / GETTY IMAGES NORTH AMERICA / Getty Images…
Even as global markets brace for a potential oil shock, a quieter, more calculated story has been unfolding in Beijing, one that helps explain why prices refuse to fall and why volatility is here to stay. Warnings are already flashing. Larry Fink, chief executive of BlackRock, has said oil surging to 150 dollars a barrel…
In two different cases on Wednesday, United States authorities indicted Chinese nationals on charges ranging from conspiring to smuggle advanced AI chips to China to drug trafficking and money laundering. The cases came on the same day US President Donald Trump announced new mid-May dates for his highly anticipated summit with China. The developments come…
Iran has reportedly informed the Donald Trump administration in the United States that it is not keen on holding talks with his West Asia envoy Steve Witkoff or the president’s son-in-law Jared Kushner. Instead, Tehran would prefer to engage with vice president JD Vance, according to a report. This comes amid reports that the American…
Donald Trump says he is talking to Iran’s leaders about ending his bombing campaign; Iran says he is not. But what he certainly is doing is preparing an alternative, should a negotiated end to hostilities prove elusive. Two amphibious units of US Marines are on their way to the Gulf, one from Japan and the…
A subsidiary of Hong Kong conglomerate CK Hutchison Holdings has expanded international arbitration claims against Panama, alleging damages have “escalated beyond US$2 billion” in what it called an “illegal takeover” of ports and property. The expanded claims, announced on Tuesday local time by the Panama Ports Company (PPC), part of Hong Kong tycoon Li Ka-shing’s…
JPMorgan Chase plans to expand its corporate banking team by about 10 per cent across Asia-Pacific this year, as its plans in the region will not be slowed down by uncertainties arising from the US-Israel war on Iran, according to a senior executive. The hiring campaign was part of the lender’s longer-term plan, which aimed…
Global investors should take a fresh look at China, where rapid technological advancement is converging with declining geopolitical risk relative to other regions, senior investment executives said at the Milken Institute’s Global Investors’ Symposium on Monday. The event in Hong Kong brought together 500 business leaders and senior executives from the investment, banking, finance, technology…
Donald trump’s strategy in Iran is like the weather in his home state of Florida: if you don’t like it, then wait for five minutes. On Friday the president said America’s war might soon be “winding down”. Its military goals had largely been met, he said, and he seemed untroubled by Iran’s ongoing closure of…
For months behind the scenes in Beijing, Chinese and American officials have been locked in negotiations over one of the most consequential political meetings of this year. China’s President Xi Jinping was set to host United States President Donald Trump at a highly choreographed reception in Beijing at the end of March. Iran war live…