While America’s shipbuilding industry has sunk, China’s has steamed ahead to become the world’s largest. Chinese shipbuilders account for over 50% of all merchant tonnage produced globally, up from 5% in the late 1990s.
Around the region, China has been financing railways under its Belt and Road Initiative, which funds infrastructure projects globally but has come under fire with a number of plans stalled or mired in controversy.
Asia's crude oil imports are off to a weak start in 2025, as top importer China continues to buy less and new sanctions put the brakes on cargoes from the continent's top supplier Russia.
The new French ambassador to Singapore said on Monday that France and Europe do not want their Asian partners to have to choose between the United States and China. Stephen Marchisio, who took office on Tuesday,
U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The S&P 500 sank 1.7% for its worst day in two months.
Gold hovered near a record high and was set to extend its gains for an eighth consecutive week, helped by safe-haven flows due to concerns over Donald Trump's tariff threats and amid contentious talks as the U.
U.S. stocks fell sharply after reports showed worries about President Donald Trump’s policies may be hitting the economy. The S&P 500 sank 1.7% Friday for its worst day in two months. The Dow Jones Industrial Average dropped 1.
Asia’s share of global GDP swelled from just 24% in 2000 to 37% today, and will reach 43% in 2040 if current trends hold. That growth is reshaping trade flows, creating new corridors between Vietnam and the U.
French Ambassador to Singapore Stephen Marchisio emphasized that France and Europe do not want Asian partners to choose sides between the U.S. and China. Speaking at a luncheon in Singapore, Marchisio highlighted
Shares in Asia were mostly up Tuesday, with Chinese technology stocks surging after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of
While ethnic Chinese are being scapegoated within South Korea’s political crisis, Beijing is leveraging this opportunity to expand its maritime territory and influence.