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].
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 …
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.
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 …
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.
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 …
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.
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.
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 …
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 …