Asia Economy
China ramps up threats over Panama Canal ruling that handed Trump a major victory
A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Martin Bernetti | Afp | Getty Images The Chinese government has condemned a ruling from Panama’s top court, warning the Central American country “will inevitably pay a heavy price” unless it changes course. The rebuke comes shortly after Panama’s […]
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Trump says India won’t buy Russian oil anymore. Moscow insists India hasn’t said that
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi sit in a car during a welcoming ceremony at the Palam Air Base in New Delhi, India December 4, 2025. Grigory Sysoev | Via Reuters A day after President Donald Trump said India agreed to halt purchases of Russian oil as part of a new […]
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Venezuela tells China oil prices won’t be set by the U.S., seeks to reassure investment after Maduro capture
Venezuela has assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in the South American country remains secure, according to state media. Speaking at a press briefing Tuesday, Remigio Ceballos, Venezuelan ambassador to China, dismissed reports that Washington would influence the price China pays for Venezuelan crude, […]
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Despite the setbacks, India is set up to be a fantastic aviation market: IATA
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Willie Walsh of IATA is bullish on India’s aviation industry, due to investments made in both airport infrastructure and aircraft, India’s demographic profile as well as its geographic location. Source
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KKR and Singtel to take full ownership of data center firm STT GDC for about $5 billion
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres for 6.6 billion Singapore dollars ($5.1 billion), KKR said in a statement […]
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Trump says India will stop buying Russian oil. Shadow fleet vessels are still unloading sanctioned crude at its ports
The oil tanker “Grinch” (R), suspected of belonging to the Russian’s shadow fleet, is seen outside the coast of Martigues near the port of Marseille-Fos on January 25, 2026, as it’s surveilled by the French Navy. Thibaud Moritz | Afp | Getty Images President Donald Trump announced a U.S. trade deal with India on Monday […]
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Nintendo Switch becomes the gaming giant’s best-selling console ever
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images The Switch has become Nintendo‘s best-selling console of all time, nearly […]
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‘Devil in the details’: India-U.S. deal raises hopes for a reset — but the fine print remains unclear
The U.S. and India announced a trade deal Monday after months of negotiations, raising hopes for a strategic reset after ties had plummeted to their lowest point in decades. But the lack of detail and a clear timeline has fueled doubts over how quickly the framework can be turned into a binding agreement and whether […]
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Australia raises rates for first time since late 2023 as inflation hits six-quarter high
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank raised its policy rate by 25 basis points to 3.85% on Tuesday, marking the Reserve Bank of Australia’s […]
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Asia-Pacific markets set to climb on U.S.-India trade deal optimism; gold and silver rebound
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets looked set to rise Tuesday after U.S. President Donald Trump said Washington and India had struck a trade deal and would immediately begin cutting tariffs on each other’s goods. Trump added that Indian Prime Minister Narendra Modi had agreed to […]
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