The unofficial delegation of former US top officials sent by President Joe Biden arrived in Taiwan on Sunday for a three-day trip to exchange views on bilateral issues and prospects.
Asia/Pacific
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Latest News
President Joe Biden is set to dispatch an unofficial delegation of former top officials to Taiwan following its presidential election, a move that could further strain the US-China relations.
China and Nicaragua have initiated trading under a newly established free trade agreement, which formally started on Monday.
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay. The delivery of Russia's Sokol crude oil to the Indian Oil Corp (IOC) has reportedly faced a setback due to payment issues, causing shipment delays.
The US dollar has slipped to a five-month low against the euro and several other currencies, The US dollar has slipped to a five-month low against the euro and several other currencies, driven by expectations that the Federal Reserve might soon implement interest rate cuts.
China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.
China has reportedly recorded its fastest industrial expansion since February 2022 in November. China has reportedly recorded its fastest industrial expansion since February 2022 in November, which signals a complex recovery in the world's second-largest economy.
JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
