Asian markets mostly down, Shanghai cheered by tax cuts plan
HONG KONG, Mar 5, 2019, AFP. Most Asian markets retreated today as investors awaited fresh…
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.
U.S., S. Korea tone down joint-military exercises
SEOUL, Mar 4, 2019, Kyodo. The United States and South Korea launched a smaller-scale combined…
[Analytics] Sanctions push N. Korean economy to brink
International sanctions have pushed North Korea to the edge of economic collapse, with its trade…
Huawei CFO suing Canada, its border agency and the RCMP
TORONTO, Mar 4, 2019, AP. An executive of Chinese tech giant Huawei is suing the…
[Analytics] Trump’s other ‘national emergency’: Sanctions that kill venezuelans
While Americans have rightly groaned and rebelled against President Trump’s declaration of a national emergency…
Beijing slams Ottawa move in Meng case
BEIJING, Mar 3, 2019, China News Agency. Beijing expressed “strong dissatisfaction with” and “resolute opposition…
[Analytics] The battle between Uber and Lyft pits two Japanese billionaires against each other
Rakuten invested $300 million in Lyft in 2015, when the ride-hailing company was trying to…
Allies to launch Dong Maeng exercise this week to replace Key Resolve drills
SEOUL, Mar 3, 2019, Yonhap. South Korea and the United States will launch the new…
Pakistan and India step back from the brink, but unease continues
ISLAMABAD, Mar 2, 2019, Reuters. A flare up between arch-foes India and Pakistan appeared to…
[Analytics] Bright spots seen in Donald Trump and Kim Jong-un’s meeting
What has been viewed as a failure in Hanoi could actually provide a stronger foundation…
[Analytics] Is the US reviving space-based missile defense?
There is growing evidence that the US Defense Department is reviving space-based missile defense, ostensibly…
US assures Philippines: Any armed attack in South China Sea will trigger MDT
MANILA, Mar 1, 2019, PhilStar. The United States has vowed to support long-time ally the…