Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session. ( read original story ...)
China hopes U.S. will create conditions to implement Phase 1 deal, commerce official says
China hopes the United States will stop taking restrictive and discriminatory action against Chinese firms and create conditions for the implementation of a Phase 1 trade deal, Assistant Minister of ... ( read original story ...)
U.S. says Iran briefly seizes oil tanker near Strait of Hormuz
The Iranian navy held the vessel for some five hours before releasing it Wednesday, said a U.S. military official. ( read original story ...)
Macau casino operator Galaxy Entertainment posts US$361 million loss for first half of 2020, blames coronavirus restrictions
Macau casino operator Galaxy Entertainment Group reported a HK$2.8 billion (US$361 million) loss for the year’s first half on Thursday, reversing a profit of HK$6.7 billion made in the same period a ... ( read original story ...)
Arrested media mogul predicts Hong Kong crackdown will subside to ‘appease the business people’
Jimmy Lai, the founder of pro-democracy Hong Kong newspaper Apple Daily, believes that recent arrests in the city, including his own, are likely more of an effort to chill dissent than an indication ... ( read original story ...)
India announces $500 mn for Maldives project to counter China influence
The plan linking Male to the islands of Villingili, Gulhifahu and Thilafushi would be the largest civilian infrastructure project in the Maldives ... ( read original story ...)
The countries most reliant on tourists, and how they are coping post-lockdown
It is hard, therefore, to understate the impact of the coronavirus pandemic on these economies, and why these countries have been prepared to open their borders as soon as possible to countries with ... ( read original story ...)
Flight to Maldives from Aug 18, Cargo Ferry Service: New Delhi & Male’s New Agreement May Have Impact on China
Sources said, India looks to bolster trade ties with the Maldives, which are not commensurate with its potential. Importantly, sources pointed out that a direct cargo ferry service presents an ... ( read original story ...)
Palestinian official slams deal between US, Israel and UAE
A senior Palestinian official has slammed the U.S.-brokered deal establishing formal ties between Israel and the United Arab Emirates in exchange for Israel dropping its planned to annex West Bank ... ( read original story ...)
Brunei’s trade surplus nearly doubles in May 2020
Brunei's trade balance for May 2020 increased to 427.6 million Brunei dollars (311.7 million U.S. dollars) from 145.5 million Brunei dollars in May 2019, according to the latest International ... ( read original story ...)