Biden says ‘dictator’ remark will not undermine US-China relationship

Joe Biden says his earlier “dictator” touch upon Chinese language president Xi Jinping has not derailed efforts to fix ties between the world’s two largest economies. He was talking at a joint press convention with Indian Prime Minister Narendra Modi on the White Home on June 22, 2023 in Washington, DC. Win Mcnamee | Getty … Read more

U.S. and India set to announce flurry of offers on protection, chips, AI

U.S. President Joe Biden and First Girl Jill Biden (L) greet India’s Prime Minister Narendra Modi as he arrives on the South Portico of the White Home in Washington, DC on June 21, 2023. Mandel Ngan | Afp | Getty Photographs The U.S. and India are set to announce a slew of protection and know-how … Read more

Vienna, Copenhagen, Melbourne high checklist

Austria’s Vienna has come up high once more as the most effective metropolis to reside in globally, in accordance with a report by the Economist Intelligence Unit (EIU). The International Liveability Index 2023 attributed Vienna’s success to its “profitable mixture” of stability, good tradition and leisure, dependable infrastructure, exemplary schooling and well being companies. “It … Read more

Antony Blinken to fulfill China’s Xi Jinping in Beijing

US Secretary of State Antony Blinken (L) attends a gathering with China’s President Xi Jinping on the Nice Corridor of the Folks in Beijing on June 19, 2023. Leah Millis | Afp | Getty Photos U.S. Secretary of State Antony Blinken on Monday ended a high-stakes go to to Beijing with an sudden assembly with … Read more

HKD-RMB twin counter scheme solidifies Hong Kong’s yuan buying and selling position: HKEX

HONG KONG, CHINA – JUNE 05: A pedestrian walks by an digital display displaying the numbers for the Cling Seng Index on June 5, 2023 in Hong Kong, China. (Photograph by Chen Yongnuo/China Information Service/VCG by way of Getty Photographs) China Information Service | China Information Service | Getty Photographs Buyers will now be capable … Read more

China to see the world’s greatest millionaire exodus this yr, research exhibits

Company are seen within the J Lodge situated within the Shanghai Tower, in Shanghai on June 23, 2021. Hector Retamal | Afp | Getty Pictures China, with the world’s second-largest financial system and the second-highest inhabitants, will once more see the most important exodus of millionaires this yr, in response to new analysis.  In keeping … Read more

New Zealand enters technical recession after economic system shrank 0.1% within the first quarter

Buildings in Auckland, New Zealand, on Monday, Could 22, 2023. Bloomberg | Bloomberg | Getty Photographs New Zealand’s gross home product fell 0.1% within the first quarter, in line with authorities information revealed Thursday, as its central financial institution launched into one of the crucial aggressive price hike cycles on this planet. The most recent … Read more

Toyota shares rise as shareholders endorse board, new EV technique

Folks arrive to attend an annual shareholders’ assembly for Toyota Motor within the metropolis of Toyota, Aichi Prefecture on June 14, 2023. Toyota is underneath strain from massive institutional buyers for chairman Akio Toyoda to step down over his lukewarm embrace of electrical automobiles. Str | Afp | Getty Photos Toyota shares hit a 16-month … Read more

Singapore financial czar Tharman Shanmugaratnam to run for president

Singapore’s veteran financial policymaker Tharman Shanmugaratnam has signaled his intention to contest upcoming presidential elections in Singapore that should be held by September this 12 months. Bloomberg | Bloomberg | Getty Photos Singapore’s veteran financial policymaker Tharman Shanmugaratnam is planning to run within the upcoming presidential elections in Singapore that should be held by mid-September. … Read more

U.S.-China chip struggle might harm Samsung, SK Hynix however not for lengthy: Fitch

Samsung Electronics Co. 8GB Double-Information-Fee (DDR) 4 reminiscence modules. SeongJoon Cho | Bloomberg | Getty Photos The U.S.-China chip struggle might affect South Korea’s chip giants as China accounts for a big chunk of their manufacturing capability — however there should not be long-term disruptions, in response to Fitch Rankings. Samsung Electronics and SK Hynix … Read more