Headlines

Wall Street’s got China’s currency ambitions all wrong

Wall Street has spent nearly two decades operating on a flawed assumption about China’s financial intentions. Eventually, Beijing would want what Washington has: the world’s reserve currency, the deepest capital markets and the extraordinary geopolitical advantages that come

Asia

Iran deal Trump trashed looks a lot like the one he’s signing

At Switzerland’s Lake Lucerne last week, US Vice President JD Vance announced that Iran had agreed to let United Nations nuclear inspectors back into the country and called it a first step toward permanently ending Tehran’s nuclear program — a claim Iran’s foreign ministry

Asia

Philippines poised to squander a rich nickel future

The Philippines is approaching a critical moment in its nickel policy. As one of Southeast Asia’s largest nickel producers, it has a rare opportunity to transform nickel from a raw mineral export into a foundation for national industrialization. But that opportunity is not

Asia

Iran’s Hormuz toll gambit is doomed to fail

Tensions have again escalated in the Middle East, with the United States and Iran trading strikes around the Strait of Hormuz. It follows reports of an Iranian drone attack on a cargo ship trying to transit through the strait. Both the US and Iran have accused each other of

Asia

China vows support for Belarus' national sovereignty

BEIJING, June 29 - China supports Belarus in safeguarding its national sovereignty, independence and territorial integrity, Chinese President Xi Jinping told Belarusian President Alexander Lukashenko in Beijing on Monday, China's Ministry of Foreign Affairs said.

Asia

To beat China in the lab, America’s edge is trust not speed

The United States is right to worry about losing ground to China in clinical research. But if Washington frames trial reform mainly as a race, it risks missing the larger prize: a faster, safer and more trusted model for developing medicines that the rest of the world can rely.

Asia