Headlines

On the fog of Beijing

One of the difficulties in analysing summit meetings between leaders such as Xi Jinping and Donald Trump is that the events are a blend of public theatre and private discussion. With previous presidents of China and the United States such summits represented the culmination of

Asia

Wall Street guru struck speechless by Trump insider stock trades

One of Wall Street’s most recognizable gurus, Jim Cramer, became notably tongue-tied on Monday after President Donald Trump’s recent stock-trading spree entered into a televised conversation with his colleagues on CNBC. Disclosures published by the US Office of Government

Asia

British Steel crisis derails China’s tariff-bypass strategy

A Chinese steelmaker’s attempt to use British Steel as a foothold in Western markets has turned into a political dispute, after the UK government introduced a bill that could nationalize the eastern England-based company. Jingye Group, a privately owned steelmaker based in

Asia

Bond markets overpowering the AI trade

Global investors are still trading as though the AI boom mattered more than the bond market. They may be about to discover the opposite is true. The most important threat to Asian equities is no longer tariffs, China’s slowdown or even geopolitics alone. It’s the collapse of

Asia

IEA chief: Only weeks of oil inventories left thanks to Iran war

With no end in sight to the Strait of Hormuz crisis caused by President Donald Trump’s illegal war with Iran, the head of the International Energy Agency warned Monday that global energy supplies are running dangerously low. IEA executive director Faith Birol told reporters in

Asia

Gwangju massacre deniers still seek comfort in North plot

Originally published May 18, 2021, this article is republished five years later to the day with just a bit of updating. More than a week before elite South Korean troops – sent to put down pro-democracy protests in the southwestern city of Gwangju – sparked an uprising with

Asia

Cuban drone crisis: US fears Russia-China Caribbean threat

As the US confronts growing fears that Russian, Chinese and Iranian-backed drone and intelligence activities are turning Cuba into a new strategic pressure point near US territory, the island is reemerging as a focal point of great-power rivalry in the Western Hemisphere. This

Asia