China ‘destroyed’ tacit Taiwan Strait agreement: minister

TAIPEI, Oct 5 (Reuters) – China has destroyed a tacit agreement on military movements in the Taiwan Strait by crossing an unofficial “median line” along the waterway, Defense Minister Chiu Kuo said on Wednesday. -cheng. While acknowledging the end of the tacit agreement on the middle line, Chiu told the Taiwanese parliament that Taiwan would … Read more

UK tax rollback sends equities and pound rebounding

Britain abandons small part of tax plan; relieved markets The Reserve Bank of Australia surprises with a short hike high VIX; Credit Suisse shares slide to nerves below SYDNEY, Oct 4 (Reuters) – Asian stocks rebounded on Tuesday after Britain scrapped elements of a controversial tax cut plan, temporarily improving global market sentiment and rallying … Read more

Pound jumps after UK tax cut rescinded, oil climbs higher

TOKYO, Oct 3 (Reuters) – Oil surged on Monday as OPEC+ considered cutting output at its meeting later this week, while the pound appreciated after the British government announced it would would undo a controversial tax cut that had rocked UK markets. Asian stocks mostly fell over the holidays, although Japanese markets found support from … Read more

US Vice President Harris condemns ‘worrying’ Chinese actions in speech in Japan

YOKOSUKA, Japan, September 28 (Reuters) – U.S. Vice President Kamala Harris condemned China’s “worrying” actions in remarks to U.S. sailors based in Japan, days after the administration promised U.S. forces would help defend Taiwan if attacked. “China is undermining key elements of the rules-based international order,” Harris said in prepared remarks during a visit to … Read more

Crawling dollar pauses for breath as bears stalk stocks

Join now for FREE unlimited access to Register HONG KONG, Sept 27 (Reuters) – Asian markets tried to stabilize on Tuesday after a wild few days in which most assets except the dollar fell, the greenback easing a bit and stocks stagnant. The pound, which slumped to a record low of $1.0327 on Monday, … Read more

Home to 28,000 US troops, South Korea is unlikely to avoid conflict in Taiwan

U.S. President Joe Biden has an ice cream as he salutes U.S. troops during his visit to the Air Operations Center at Osan Air Base in Pyeongtaek, South Korea May 22, 2022. REUTERS/Jonathan Ernst Join now for FREE unlimited access to Register SEOUL, Sept 26 (Reuters) – Tensions around Taiwan have raised the thorny … Read more