Biden struggles to woo Asian nations wary of upsetting China
Joe Biden talked at length as a presidential candidate about the need to focus on China’s rising global power. Yet 17 months after taking office,…
APEC meeting fails to issue statement after US-Russia walkout
A gathering of trade ministers of the Asia-Pacific Economic Cooperation group failed to issue a customary joint statement, a day after the US and Russia…
China’s Yi says US’s Indo-Pacific strategy ‘doomed to fail’
Chinese Foreign Minister Wang Yi said the US’s Indo-Pacific strategy is “doomed to fail,” making his remarks while President Joe Biden is in the region…
US gets first 70,000 pounds of baby formula to ease shortage
A planeload of more than 70,000 pounds (32 metric tons) of baby formula arrived in the US, starting an emergency program to alleviate a national…
Airlines’ three in-flight engine shutdowns spark India probe
India is investigating three separate incidents in the past two months where airline pilots had to shut down plane engines mid-flight made by a joint…
Ruble hits 5-year high as gas buyers bend to Putin’s will
The ruble closed at the highest level in five years against the euro as more European companies appeared to be complying with Vladimir Putin’s demand…
Jet Airways to resume flying by September in fierce India market
Jet Airways India Ltd., the erstwhile bankrupt carrier undergoing a court-monitored resolution, is expecting to return to the skies in the quarter to September as…
China Eastern lists steps needed to return 737 Max to skies
China Eastern Airlines Corp. outlined several actions it needs to undertake before operating Boeing Co.’s 737 Max again, including modifications to the aircraft and further…
Battered pound risks sliding further on Brexit trade war
The pound risks falling further in the second half of 2022 as a trade dispute with the European Union becomes more protracted.
US trade chief meets Taiwan minister despite China warning
US trade chief Katherine Tai met Taiwanese Minister Without Portfolio John Deng to discuss opportunities to deepen the nations’ economic relationship in the same week…
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