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Posted on October 23, 2024

US-China tech war seen heating up regardless of whether Trump or Harris wins

The U.S.-China tech war is all but certain to heat up no matter whether Republican Donald Trump or Vice President Kamala Harris wins the Nov. 5 U.S. presidential election, with the Democrat likely to come out with targeted new rules and Trump a blunter approach.
Posted on October 23, 2024

Energy markets are ‘schizophrenic’ amid rising geopolitical tensions and China’s stimulus, energy expert says

Energy traders’ attention is split between Middle East tensions and China’s economic stimulus as both have the potential to impact prices, Dan Yergin said.
Posted on October 23, 2024

China’s Historic Stock Jump Unlikely to Find Support in Earnings

Investors counting on corporate results to give China’s stock rally a fresh leg up may have to look beyond the current quarter for clues, given an ailing economy and constraints on stimulus efforts.
Posted on October 23, 2024

Indonesia’s macho new leader is no “cuddly grandpa”

By any measure, he will be Indonesia’s most worldly president. Hailing from a storied political family, his grandfather founded Indonesia’s first national bank. When his father backed the wrong side in a rebellion in the 1950s,
Posted on October 23, 2024

Building collapses during heavy rains in southern India city, killing at least 5 workers

A seven-story building under construction has collapsed in southern India, killing at least five workers and trapping three others in the debris.
Posted on October 23, 2024

China and the Vatican agree to extend an agreement on appointing bishops

China and the Vatican have agreed to extend a provisional agreement on the appointment of Catholic bishops in China for four more years.
Posted on October 23, 2024

Germany bets on India to reduce reliance on China

Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany’s reliance on Beijing even if India does not turn …
Posted on October 23, 2024

China and India Bury the Hatchet… For Now

An agreement to disengage along the contested Himalayan border is a positive move, though there’s still deep distrust on both sides.
Posted on October 23, 2024

West blasts China on rights, China responds: What about Gaza?

Australia, the United States and 13 other countries criticized China at the United Nations on Tuesday over alleged human rights abuses in Xinjiang and Tibet, prompting China to denounce them for ignoring the “living hell” in the Gaza Strip.
Posted on October 23, 2024

Brazil Should Join China’s Belt and Road, Agriculture Chief Says

Agriculture Minister Carlos Favaro said Brazil should join China’s Belt and Road Initiative to counter increasing protectionism from the US and European Union, an idea that has divided President Luiz Inacio Lula da Silva’s government as it seeks to attract new investment to Latin America’s largest economy.

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