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Categories World News

China, HK resume high-speed rail link after 3 years of COVID curbs

Author January 15, 2023

HONG KONG/BEIJING — China resumed on Sunday high-speed rail services between Hong Kong and the mainland for the first time since the

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Categories World News

Rate rises could add $8.6 trillion to global borrowing costs — S&P

Author January 15, 2023

LONDON — Central bank rate rises could land global borrowers with $8.6 trillion in extra debt servicing costs in coming years, S&P

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Categories World News

China’s trade tumbles sharply in Dec., clouds 2023 growth outlook

Author January 13, 2023

BEIJING — China’s exports shrank sharply in December as global demand cooled, highlighting risks to the country’s economic recovery this year, but

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Categories World News

Bank of Korea raises interest rates, hints they will now be steady

Author January 13, 2023

SEOUL — South Korea’s central bank raised its policy interest rate by 25 basis points on Friday, as expected, but bond yields

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Categories World News

Why the US needs Japan’s help on China chips restrictions

Author January 13, 2023

WASHINGTON — When the Biden administration unveiled aggressive export controls in October aimed at blocking China from becoming a global leader in

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Categories World News

Malaysia says it could stop palm oil exports to EU after new curbs

Author January 13, 2023

KUALA LUMPUR — Malaysia said on Thursday it could stop exporting palm oil to the European Union (EU) in response to a

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Categories World News

Australia’s natural disasters bill hits $3.5 billion in 2022, billions more to come

Author January 13, 2023

SYDNEY — Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion

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Categories World News

‘Seriously doubt’ imminent invasion of Taiwan by China — Pentagon chief

Author January 12, 2023

WASHINGTON — U.S. Defense Secretary Lloyd Austin said on Wednesday he seriously doubted that ramped up Chinese military activities near the Taiwan

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Categories World News

Royal Mail export services severely disrupted after ‘cyber incident’

Author January 12, 2023

LONDON — Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described

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Categories World News

US FAA has struggled to modernize computer, air traffic operations

Author January 12, 2023

WASHINGTON – The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday, is not

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