Tag: Breaking News: Asia
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China’s Xi keeps Iranian president at arm’s length weeks ahead of Trump summit
China’s Xi gave Iran’s Pezeshkian a brief, low-profile audience at the SCO summit, as Beijing seeks to avoid appearing close to Tehran ahead of a high-stakes summit with Trump.
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Australia posts second-quarter growth of 2.1%, beating expectations
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuSYDNEY, AUSTRALIA – MAY 30: The Sydney Harbour Bridge and skyline is illuminated during Vivid Sydney 2024 on May 30, 2024
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Bessent reportedly tells Russia no economic relief until Ukraine war ends as Europe snubs Moscow at G20
The meeting underscored Washington’s willingness to reopen diplomatic talks with Moscow, as Europe intends to isolate the nation while the war continues.
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China’s factory activity shrinks for second straight month, contracting less than expected
China’s manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.
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DeepSeek looks for fresh capital as founder’s quant empire navigates China’s choppy IPO market
High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China’s red-hot IPO market.
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China industrial profit growth in July slumps to 7-month low of 11.2%
Industrial corporate profitability has seen a notable turnaround, swinging from years of declines since 2021 and barely positive growth last year, to double-digit gains this year.
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Temasek-backed investor behind Unitree pitches Singapore as Chinese robots’ path to U.S.
As Washington shuts out Chinese robotics, a Temasek-backed VC bets that startups with genuine development in the city-state can still reach American buyers.
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Trump’s Saudi nuclear deal reaches Congress as experts warn of proliferation risk
Some Democratic lawmakers and nonproliferation advocates have criticized the pact for not including a permanent prohibition on enrichment or reprocessing.
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Trump targets Iran’s trade lifelines — here are the countries most exposed
Washington’s threat of “economic D-Day” collides with a small group of governments that account for most of what remains of Iran’s foreign trade.
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Trump admin unveils anti-Iran global sanctions plan, signals China not exempt
The Trump administration unveiled a plan to isolate Iran’s economy by threatening to impose secondary sanctions on the Islamic Republic’s “enablers.”
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