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WHEN the Australian government backed the United States’ hostile stance towards China over the Covid-19 pandemic, it underestimated China’s reaction. And in further becoming entangled in the web of rivalry, spats and a trade war woven by US President Donald Trump, Australia is behaving like a “small brother to the United States”, as China puts it, and is failing to consider the risk it faces.
BATTLING and controlling the Covid-19 outbreak has come at a tremendous cost to individuals, companies and even the government.
HONG KONG (Reuters) - Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city's privileges, senior bankers said, in the latest blow to the territory's status as a major financial hub.
MARSTON, Missouri (Reuters) - The residents of New Madrid County cheered in 2018 when a bankrupt aluminium smelter that rises over the Missouri region’s vast farm fields restarted operations and hiring, thanks to aluminium tariffs levied in President Donald Trump’s trade war.
China’s top leaders chose to tackle challenges head on, as it announced new policy decisions at ‘two sessions’ this month.
HONG KONG (AFP): Asian markets fluctuated Thursday (May 21) after rallying for much of the week, with any gains dragged by profit-taking while concerns over the long-term impact of the virus and worsening China-US relations added to the selling pressure.
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo on Tuesday congratulated Taiwan's President Tsai Ing-Wen on her re-election, praised the country's coronavirus response and called it a reliable partner, in a statement that sharply contrasted with recent U.S. criticism of China, which claims Taiwan as a province.
PETALING JAYA: The men and women fighting on the front lines of the battle against Covid-19 received a rare standing ovation in Dewan Rakyat led by Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah.
KUALA LUMPUR: Oil prices are projected to rise going forward as global economies gradually start gradual reopening, thus providing a positive catalyst for Bursa Malaysia next week. The Bursa which ended above 1,400 on Friday will inspire some confidence in the market next week.
TOKYO: Global shares advanced Friday (May 15) on signs of improvement in China’s economy after it reopened from its pandemic shutdowns. Benchmarks in Europe opened higher following an upbeat session Friday in Asia.