[Analytics] Currencies fight: Chinese yuan vs US dollar
Beijing allowed its currency, the yuan, to weaken to more than 7 per U.S. dollar…
USA
The United States is one of the 12 founding members of APEC. It is the largest economy in the world and home to 323 million people. When the forum began in 1989, the real GDP of the United States was USD 8.8 trillion, which went up to 16.9 trillion in 2016. Its real per capita GDP also rose from 36,000 in 1989 to 52,000 in 2016.
US starts talks on new agreements with Pacific states
PALIKIR, Aug 6, 2019, RNZ. The US has started negotiations to renew agreements with its…
Secret Cambodian-Chinese military base agreement is a fake news: gov’t spokesman
PHNOM PENH, Aug 5, 2019, The Phnom Penh Post. A senior Ministry of National Defence…
South Korea’s currency set to further slide amid trade tensions
SEOUL, Aug 5, 2019, Yonhap. In the face of the escalating American-Sino trade war, its…
[Analytics] China ‘political warfare’ targets US-affiliated Pacific islands
Although little attention is paid to the US island territories and associated states in the…
S. Korea-U.S. military exercise begins despite N. Korea warnings
SEOUL, Aug 5, 2019, Kyodo. South Korea and the United States began a joint military…
Chinese firms relocating to Malaysia amid trade war: economist
KUALA LUMPUR, Aug 5, 2019, Bernama. Some companies in China are relocating their operations to…
Suspect and 9 others dead, at least 16 wounded in Oregon District shooting
DAYTON, Aug 4, 2019, Dayton Daily News. A shooting with multiple fatalities and several people…
20 dead, at least 26 wounded when gunman attacks Texas shoppers in Wallmart
EL PASO, Aug 4, 2019, Los Angeles Times. With the rattle of gunfire and the…
Mongolia’s agreement with US will not affect relations with Moscow, Beijing
MOSCOW, Aug 3, 2019, TASS. The declaration on strategic partneship between Ulaanbaatar and Washington signed…
[Analytics] Russia’s latest sanctions a year in the making, but surprises everyone
Just when everyone thought the political risk has come off of the Russian securities market,…
[Analytics] China’s next dilemma: surging household borrowing
The next wave of debt worries to spook global markets will come from Chinese households….