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Posted on May 4, 2020

Mirae Asset scraps $5.8 billion deal to buy U.S. hotels from China’s Anbang

South Korea’s Mirae Asset Global Investments said on Monday that it has terminated a $5.8 billion deal to buy 15 U.S. hotels from China’s Anbang Insurance Group [ANBANG.UL].

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Posted on May 4, 2020

Asian Markets Down as Tension Rises Between U.S. and China: Live Updates

Prices for U.S. Treasury bonds also rose during Asian trading, amid investor skepticism over the global economic outlook. Sentiment was hurt in part by rising tensions between the United States and …

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Posted on May 4, 2020

Corporate debt in China, Singapore and South Korea is rising fast as coronavirus hits revenue

Among Asian economies, corporate debt builds up the fastest and the most in China, South Korea and Singapore, according to a report by Australian bank ANZ last week.

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Posted on May 4, 2020

Oil prices slide on demand concerns, U.S.-China trade tension

Oil prices fell on Monday, paring last week’s gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as …

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Posted on May 4, 2020

Japan Economy: Amid Coronavirus, One Of The World’s Strongest Economies Plans Its Recovery

Japan’s economy was already struggling prior to the virus, due to the U.S.-China trade war and a consumption tax hike.

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Posted on May 4, 2020

Back to School in China: Smaller Classes, Innovations and Lessons for Others

Smaller classes, shorter days and parental pickup at the school gate instead of a crowded journey on public transportation — for some urban Chinese students, a return to school has meant better …

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Posted on May 4, 2020

Pompeo Ties Coronavirus to China Lab, Despite Spy Agencies’ Uncertainty

The secretary of state cited “enormous evidence” that the virus came from a research laboratory in Wuhan, backing an assertion by President Trump.

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Posted on May 4, 2020

US intelligence documents accuse China of covering up coronavirus outbreak severity to hoard supplies

The report also says China held off informing the World Health Organization that the coronavirus “was a contagion” for much of January so it could order medical supplies from abroad.

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Posted on May 4, 2020

DHS report: China hid virus’ severity to hoard supplies

U.S. officials believe China covered up the extent of the coronavirus outbreak — and how contagious the disease is — to stock up on medical supplies needed to respond to …

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Posted on May 4, 2020

US looks to exploit anger over Beijing’s South China Sea ambitions

Washington hopes to capitalise on anger over persistent Chinese aggression in the South China Sea to rally rival claimants against Beijing. China has continued to assert its dominance of the …

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