IMF signals delay on adding China to currency basket

China wants its currency, the yuan, included in a basket of currencies used in IMF operations along with the U.S. dollar, euro, British pound and Japanese yen. It was hoping

Genting Singapore shares dip as currency losses hit profit

Genting Singapore Plc fell the most in six years after the casino operator warned of a significant fall in second-quarter profit on derivative and currency losses, amid a downturn in

Corporate Bits | Grand Hyatt Macau ‘MDP’ participants complete 3-day field trip

Two groups of MDP participants from both the Chinese- and English-language courses visited sister hotels, Grand Hyatt Shenzhen, Hyatt Place Shenzhen and Grand Hyatt Guangzhou, to learn more about each

AICEP boosts presence in Asia

Portugal’s AICEP Global Trade and Investment Agency plans to open offices in Dili, East Timor and Seoul, South Korea, this year and in Mumbai, India, and Astana, Kazakhstan, by the

China and Angola sign mutual currency acceptance agreement

Angola has signed a monetary agreement with China under which national currencies are now accepted in both countries, Angola’s trade minister, Rosa Pacavira said Monday in Luanda. “The kwanza will have

Uighurs deported from Thailand remain in detention

Chinese state media say minority Muslim Uighurs deported from Thailand to China remain in detention while authorities investigate whether some planned to join the Islamic State or other groups in the Middle

Ai Weiwei says gov’t promised he can return

Artist Ai Weiwei said in an interview published yesterday that Chinese authorities returned his passport with almost no strings attached and promised him he can return to China. Ai traveled to

Kerry raises South China Sea disputes with FM Wang

U.S. Secretary of State John Kerry yesterday urged China to end provocative land reclamation projects in the South China Sea and work out effective resolutions to territorial disputes with its smaller neighbors. A senior

Severe crackdown on church crosses draws backlash 

About a dozen Catholics wept and sang hymns outside their church as a man climbed to the top of the building and sliced off its steel cross with a cutting

India | At least 24 killed, 300 survive after trains derail in flooding

Two passenger trains jumped off slippery tracks on a bridge near a rain-swollen river in central India, killing at least 24 people as two coaches hurled through mud and rested on

Afghanistan | UN reports rise in female, child war casualties

The United Nations said yesterday that an increasing number of women and children were getting hurt or killed in Afghanistan’s war against the Taliban and other insurgents. The total number of casualties in

North Korea | Widow of ex-South Korean leader arrives in Pyongyang

The 92-year-old widow of late South Korean President and Nobel Peace Prize laureate Kim Dae-jung arrived in North Korea yesterday for a four-day visit. According to Lee’s official itinerary, she will visit a

Myanmar | Factions find common cause in fighting malaria

Setting aside decades of animosity and suspicion, senior Myanmar government and military officials have held unprecedented discussions with representatives of the main opposition party and ethnic minorities in Washington on

USA-JAPAN | Biden tries to reassure Abe after documents reveal spying

Working to prevent tension with a treaty ally, Vice President Joe Biden reassured Japanese Prime Minister Shinzo Abe on Tuesday that the U.S. limits its surveillance of friendly nations, after

Obama, Netanyahu make dueling appeals on Iran to American Jews

President Barack Obama and Israeli Prime Minister Benjamin Netanyahu made dueling appeals to the American Jewish community Tuesday as they sought to rally support for their opposing positions on the

USA 2016 presidential race | Republican debate field set: Trump, Bush in; Perry out

Billionaire businessman Donald Trump has made the cut for tonight’s leadoff debate of the 2016 presidential race, joined by former Florida Gov. Jeb Bush, Wisconsin Gov. Scott Walker and seven

Offbeat | Underwater search ends for free diver Molchanova off Spain

Spain’s rescue services called off their underwater search for missing free-diving great Natalia Molchanova yesterday after spending more than two days looking for her off the Balearic Islands. The county’s maritime

This Day in History | 1945 – US drops atomic bomb on Hiroshima

An accurate assessment of the damage caused has so far been impossible due to a huge cloud of impenetrable dust covering the target. Hiroshima is one of the chief supply

Swimming World Championships | Britain’s Hunt wins world high diving championship

Gary Hunt of Britain swept to victory in the final of the high diving at the world championships yesterday. Hunt, the silver medalist two years ago, held on to his

Brady testimony in NFL ‘Deflategate’ released

Tom Brady denied under oath to NFL Commissioner Roger Goodell that he tampered with footballs before the AFC title game, and investigator Ted Wells said in a transcript that he

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