Mark Mobius says Chinese stocks have risen too fast after a world-beating rally sent the benchmark equity gauge to its highest level in seven years. A 20 percent retreat is “very
Consolidations through takeovers and mergers are among the ways energy companies are seeking to reduce costs and become more efficient as oil prices have slumped. A joint statement said the boards
Invited by Chinawater.net, Macao Water participated in the Thirteenth Water Industry Strategy Forum 2015, held in Beijing earlier this year. The Forum 2015 provided a platform for participants to discuss
Cape Verde’s domestic demand indicator, after a slowdown in late 2014, showed a slightly faster pace of growth in the first two months of the year, mainly determined by changes
The Office for Economic Areas with Accelerated Development (Gazeda) of Mozambique in 2014 reviewed and approved, through its Northern Regional Office, 27 new investment projects, Mozambican daily newspaper Notícias reported. The
Taiwan’s president said yesterday that relations with political rival China were moving forward despite widespread public opposition that crested with an occupation of parliament last year, and that he hopes to cooperate
A former mayor of the major eastern Chinese city of Nanjing has been sentenced to 15 years in prison on corruption charges as President Xi Jinping’s anti-graft crackdown continues to
The head of the World Bank said Tuesday he will do everything he can to work with a new Chinese-led Asian infrastructure bank opposed by Washington. World Bank Group President Jim
The Australian government yesterday approved the sale of one of the nation’s largest construction companies, John Holland Group Pty. Ltd., to state-owned giant China Communications Construction Company International Holding Ltd. Treasurer Joe Hockey
The first revision of the U.S.-Japan Defense Guidelines in 17 years will “transform” the bilateral alliance, U.S. Defense Secretary Ash Carter said yesterday. The guidelines, expected to be formally approved in about three weeks,
Seventy years after the U.S. defeated Japan in World War II, Americans are divided over Japan playing a more active military role in Asia — and most Japanese are opposed. The
Nuclear-armed North Korea already has hundreds of ballistic missiles that can target its neighbors in Northeast Asia but will need foreign technology to upgrade its arsenal and pose a more
Family members of a Filipino maid facing the death penalty after being convicted of drug trafficking in Indonesia made a last-minute appeal yesterday for clemency to the country’s president. The parents,
Life returned to normal in Nepal yesterday after an opposition alliance cut short a crippling general strike over an impasse about how to approve the Himalayan nation’s constitution. Schools and markets opened and
An invitation to a White House state dinner has always been one of Washington’s most sought-after tickets. There’s the elegant setting, VIP guests in tuxedos and designer gowns and a
Widespread power outages affected the White House, the Capitol, museums, train stations and other sites across Washington and its suburbs yesterday (Macau time) — all because of an explosion at a power plant in
As tons of desperately needed medical supplies await clearance to be flown into Yemen, aid workers warned yesterday of an unfolding humanitarian crisis, saying at least 560 people, including dozens
An ambush that killed 15 state police officers in western Mexico appears to be a drug cartel’s revenge attack and could herald a military-style offensive against government authorities. The assault on
Supporters in the public gallery at the Old Bailey in London clapped and cheered as the verdict was announced. The case is certain to raise new doubts about the validity of
The lawsuit was filed by Selena Quintanilla’s estate against UMG Recordings in U.S. District Court in New York on March 31, the 20th anniversary of the singer’s death. UMG declined
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