Friday, 18 Sep 2020

Asia defies Wall Street weakness but economy, election worries cap gains

SINGAPORE/NEW YORK (Reuters) – Asian stocks inched up on Friday, despite Wall Street declines, but struggled to make deeper gains as worries about a faltering economic recovery kept investors to the sidelines or seeking safer harbour in assets such as the Japanese yen.FILE PHOTO: People wearing protective masks, following the coronavirus disease (COVID-19) outbreak, are […]

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China conducts more exercises near Taiwan as US official visits

China, which claims the democratically-ruled island as its own, says combat drills are to defend its ‘sovereignty’. China said on Friday it is conducting military exercises near the Taiwan Strait, as the most senior official from the United States’ State Department to visit Taiwan in 40 years prepared to meet the island’s president. Defence ministry spokesman […]

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China begins military drills as U.S. official visits Taiwan

China began combat drills near the Taiwan Strait on Friday, the same day a senior U.S. official began high-level meetings in Taipei, as Beijing denounced tightening ties between Chinese-claimed Taiwan and the United States. Beijing has watched with growing alarm the ever-closer relationship between Taipei and Washington, and has stepped up military exercises near the […]

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