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TOKYO — Depending on your vantage point, the last year has been the best or the worst of times for the US dollar. Those on the former side of this Dickensian divide will point to newBank for International Settlementsdata as showing the dollar is still on one side of 89% of currency transactions, meaning US…
We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Global order fracturing, status quo unlikely to return, EU warns in new report Photo: Shutterstock After months of being pummelled with…
China’s equity markets have staged one of their most powerful rallies in years, adding more than US$3 trillion in value across the mainland and Hong Kong. The CSI 300 has surged around 16% in 2025, with tech indices climbing to their highest levels in a decade. Retail investors, flush with savings and encouraged by state…
US President Donald Trump has pledged to treat any armed attack on Qatar as a threat to the United States’ own security, according to a document published on Wednesday that says US forces could step in to defend the Middle Eastern nation. Qatar on Wednesday welcomed Trump’s order, describing it as a milestone in strengthening…
The US–Korea military alliance, forged in the crucible of the Cold War, has long been regarded as one of the most resilient and indispensable pillars of East Asian security. Since the signing of the Mutual Defense Treaty in 1953, the alliance has not only deterred war on the Korean Peninsula but also anchored America’s strategic…
China’s embassy in Mexico issued a sharp rebuke after a US diplomat urged the country to help Washington reduce reliance on Chinese-made semiconductors, calling the remarks coercive and accusing the United States of practising “economic bullying”. In a statement posted on Wednesday on X, the embassy said recent comments by Mark Johnson, the chargé d’affaires…
Though they still haven’t been officially confirmed, reports that China’s state-owned buyer told steelmakers to stop purchasing iron ore from Australian mining giant BHP have rattled both markets and Canberra. At first glance, this looks like a simple dispute over price. But step back, and a picture begins to emerge of something possibly far more…
US President Donald Trump’s tariffs on China are unlikely to ease, despite ongoing talks towards a comprehensive deal targeted for November, according to two people familiar with the matter. The US seems “very comfortable” with the current rate of tariffs, the sources said, adding that the recent negotiations have mostly revolved around “broader” issues like…
When President Donald Trump unveiled his21-point plan on the Israel–Palestine conflict, he framed it as the bold stroke only he could deliver: a ceasefire, hostage release, Palestinian governance under international supervision, and, eventually, the possibility of statehood. Israel has provisionally signed on. Hamas, predictably, has not. On its face, the proposal reflects a rare attempt…
The US Supreme Court said on Wednesday it will hear arguments in January over Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, leaving her in the post for now and teeing up a major legal battle over the first-ever bid by a president to fire a Fed official as he challenges the central…
