text

China's foreign exchange reserves "adequate"

Reduction of US Treasuries "not strategic", says official; confidence in keeping yuan stable cited

text

New US Okinawa base backed by Japan Supreme Court

Japan's Supreme Court has ruled in favour of the government's plan to relocate a US airbase to a remote part of the island of Okinawa.

text

Why do Indonesians pay three times as much food tax as Europeans?

​Indonesia’s drive for food self-sufficiency is costing consumers tens of billions of dollars and has led to the highest rice prices in Southeast Asia

text

Putin himself involved in US election hack: report

US intelligence officials now believe that Russian President Vladimir Putin was personally involved in hacking during the American election campaign as part of a vendetta against Hillary Clinton, NBC News reported.

text

Man arrested at JFK Airport over largest financial cyber hacking in US history

An American fugitive who is accused of conspiring to organise the largest known cyber attack on Wall Street arrived back home in the US from Russia, resolving months of negotiations at a moment of high tension over hacking between Moscow and Washington.

text

France hits out at Donald Trump's bullish tone with China

France's top diplomat on Wednesday (Dec 14) slammed the bullish tone taken by US President-elect Donald Trump with key trade ally Beijing in threatening to upend Washington's One China policy.

text

US Osprey aircraft crashes off Okinawa coast in Japan

​The US Marines have suspended flights of all Osprey military aircraft in Japan, after a crash off the coast of Okinawa island.

text

China warns Trump about insults' cost

Beijing asks president-elect not to destroy foundation for Sino-US cooperation

text

Snowden welcomes Putin offer: report

US citizen and the whistleblower on NSA's global spying program Edward Snowden says he is "kind of encouraged" by the idea that Russia President Vladimir Putin might return him to the US to stand trial, media reported.

text

Cuba wants to sign accords with US before Obama exit: Officials

Cuba said on Wednesday (Dec 7) it hoped to sign off on at least half a dozen agreements with the United States before businessman Donald Trump, who has threatened to derail detente between the former Cold War foes, becomes president on Jan. 20.

text

McDonald's revamps McCafe brand as it lags Starbucks

McDonald’s, losing ground in its battle for the nation’s coffee drinkers, is planning to shake up its McCafe brand -- part of a bid to challenge Starbucks and Dunkin’ Donuts.

text

Terrific guy, fantastic country': Trump heaps praise on Pakistan's leader

​Donald Trump has heaped praise on Pakistan, traditionally a troublesome US ally, saying it is a “fantastic country, fantastic place of fantastic people” according to an official statement released by Islamabad.

text

China will "not own" Chicago Exchange

Purchase by Chinese investors is subject to national security review

text

Former Goldman Sachs banker Steven Mnuchin said to be Trump's choice for treasury secretary post

President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday (Nov 29), putting a Wall Street veteran in the top US economic Cabinet post for the first time in eight years.

text

Ohio campus attacker identified as student angry at US interference

A university student whose family immigrated from Somalia rammed his car into a crowd at Ohio State University and attacked them with a butcher knife, injuring 11 before police fatally shot him.

text

Trump’s response to Duterte’s game-changer in Asia

​Over the coming weeks, the transitional foreign policy team of president-elect Donald Trump has to make a crucial decision: will Trump attend next year’s ASEAN–US Summit in Manila? Trump’s decision will have far-reaching repercussions for US policy in Asia.

text

Yuan continues downward trend as China sets rate below 6.91

The yuan was trading slightly stronger on Friday morning than on Thursday, although it remains near record lows as the People’s Bank of China continues to bring down the reference rate.