Stock market today: Asian shares are mostly higher in thin post-Christmas holiday trading

Stock market today: Asian shares are mostly higher in thin post-Christmas holiday trading

BANGKOK (AP) — Asian shares were mostly higher Thursday in thin post-Christmas holiday trading, while oil prices rose. Japan’s Nikkei 225 index surged 0.8% to 39,449.55, on strong gains in retailers and tourism-related stocks after Japan agreed to ease visa conditions for Chinese tourists. Isetan Mitsukoshi Holdings, a major department store group, gained 7%. J….

Read More
Indonesia’s Prabowo steers strategic middle path amid China, US rivalry | News

Indonesia’s Prabowo steers strategic middle path amid China, US rivalry | News

When Prabowo Subianto was sworn in as Indonesia’s eighth president in October, an immediate question was what the appointment of the once-feared ex-special forces general would mean for regional security during his five-year term in office. Analysts tell Al Jazeera that Prabowo’s approach to foreign policy will differ significantly from his predecessor – ex-President Joko…

Read More
Will Chinese President Xi Jinping attend inauguration at Trump’s invitation?

Will Chinese President Xi Jinping attend inauguration at Trump’s invitation?

There is no record of any Chinese heads of state joining a US presidential transition ceremony. Since becoming China’s paramount leader, Xi has never attended such events personally in foreign countries, instead sending a special representative or envoy. Meanwhile, it would generally take rounds of preparation for a Chinese president to visit the United States,…

Read More
Indonesia arrests Chinese man based in Singapore wanted by Beijing for money laundering

Indonesia arrests Chinese man based in Singapore wanted by Beijing for money laundering

Indonesian authorities have arrested a Chinese man sought by Beijing for allegedly helping transfer and laundering almost US$18 million from a criminal online gambling group in China, officials said on Thursday. Yan Zhenxing was detained on Monday by immigration officers at a cross-border ferry terminal on Batam island, next to Singapore. Yuldi Yusman, the Director…

Read More