Hong Kong CNN — US regulators have gained full access to the audits of Chinese companies for the first time, reducing the threat that tech giants such as Alibaba (BABA) and JD.com (JD) could be kicked off US stock exchanges. The announcement marks a major breakthrough in a yearslong standoff over how Chinese companies listed […]
CNN — Eight months since El Salvador’s President Nayib Bukele announced a war on gangs, an estimated 2% of the country’s adult population – or roughly 100,000 people – are now behind bars. Bukele’s crackdown this year, prompted by a bloody killing spree by gangs that saw dozens of people killed in March, placed El […]
CNN — For more than a year, I have been trying to help a family leave Afghanistan for safety and a new life abroad. I met one member of the family of four years ago on multiple assignments in Afghanistan and we have stayed in touch through the many ups and downs of the war […]
Hong Kong CNN — China has challenged a move by the United States to block sales of advanced computer chips and chip-making equipment to Chinese companies by launching a trade dispute at the World Trade Organization, calling the measures “trade protectionism.” The country’s commerce ministry filed a formal complaint against the United States with the […]
Hong Kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook during a ceremony to unveil its $40 billion manufacturing site in Arizona — a huge investment designed to help secure America’s supply of the most advanced chips. But back home in Taiwan, there is […]
New York CNN — For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10 million cargo containers filled with goods for Americans and bringing in roughly half a billion dollars in revenue each year to the state of California. But for the past […]
Hong Kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars of deals with the world’s largest oil exporter and meet leaders from across the Middle East. The visit is a sign that […]
The United States will increase the rotational presence of air, land and sea forces in Australia, including bomber aircraft and fighter jets, US Defense Secretary Lloyd Austin said Tuesday, amid shared concerns about China. Speaking after annual AUSMIN talks between the allies, Austin said the two countries also agreed to “invite Japan to integrate into […]
New York CNN Business — The US trade gap edged only slightly higher in October than the month before, to $78.2 billion. The latest reading was up just 5.4%, less than half the pace of increase from the revised September reading, when the trade deficit jumped by 12.7% to $74.1 billion. A strong dollar and […]
CNN — The Venezuelan government and American oil company Chevron have signed a contract in Caracas on Friday to resume operations in Venezuela, according to the country’s state broadcaster VTV. “This contract aims to continue with the productive and development activities in this energy sector, framed within our Constitution and the Venezuelan laws that govern […]
