Category Archives: News

Trump signals strikes against Syria, lays into Assad ally Russia

U.S. President Donald Trump warned Russia on Wednesday of imminent military action in Syria over a suspected poison gas attack, declaring that missiles “will be coming” and lambasting Moscow for standing by Syrian President Bashar al-Assad. U.S. President Donald Trump

World Bank raises 2018 East Asia growth forecast, says tighter policy likely needed

    The World Bank on Thursday raised its growth forecast for East Asia and Pacific for 2018, but it said the region’s economies may need to adopt tighter monetary policy and larger fiscal buffers to guard against short-term risks.

Zuckerberg resists effort by U.S. senators to commit him to regulation

Facebook Inc Chief Executive Mark Zuckerberg on Tuesday navigated through the first of two U.S. congressional hearings without making any further promises to support new legislation or change how the social network does business. During nearly five hours of questioning

Panic! Don’t panic! Navigating the trade talk proves dicey

“Don’t overreact,” President Donald Trump’s chief economic adviser told investors on Wednesday, when U.S. stocks were deep in the red over worries about the administration’s plan for $50 billion of import duties aimed at China. Wall Street seemed to take

U.S. plans to sanction Russian oligarchs this week: sources

The United States plans to sanction Russian oligarchs this week under a law targeting Moscow for meddling in the 2016 U.S. election, sources familiar with the matter said on Wednesday, in what could be the most aggressive move so far

Europe joins sell-off but Wall Street eyes rebound

World markets battled to regain their poise on Tuesday after another round of tech and trade war worries had clobbered shares and oil prices tumbled on signs of rising Russian supply and Saudi price cuts. Europe’s main markets in London,

As Wall Street sinks, Trump is his own worst enemy

As far as the stock market is concerned, U.S. President Donald Trump is, right now, his own worst enemy. The president – who frequently touted Wall Street’s rally following his 2016 election victory – was partly blamed for a sharp

South Korea says watching Beijing ‘very closely’ amid reports of Kim visit

Events are unfolding quickly on the Korean peninsula with planned summits between North and South Korea and the United States, a presidential official in Seoul said on Tuesday, amid reports that North Korean leader Kim Jong Un is in China.

U.S. and EU expel scores of Russian diplomats in response to nerve attack in UK

The United States said on Monday it would expel 60 Russian diplomats, joining governments across Europe in taking action against the Kremlin for a nerve agent attack on a former Russian spy in Britain that they have blamed on Moscow.

China air force drills again in South China Sea, Western Pacific

China’s air force has held another round of drills in the disputed South China Sea and the Western Pacific after passing though Japan’s southern islands, the air force said on Sunday, calling such exercises the best preparation for war. China