China has warned the United States it would not retreat from claims that it controls the South China Sea. “China has indisputable sovereignty over the South China Sea islands and their adjacent waters,” foreign ministry spokeswoman Hua Chunying told reporters at a Tuesday news briefing in Beijing. “The United States is not a party […]
BANGKOK — Governments and business in Asia are preparing to place greater focus on regional trade and economic prospects, following the U.S. decision to withdraw from the 12 nation Trans Pacific Partnership agreement or TPP. Analysts say alternative multilateral trade pacts including the Regional Comprehensive Economic Partnership (RCEP), which includes China, may fill the ‘vacuum’ left […]
President Donald Trump has withdrawn the United States from the 12-nation Pacific Rim trade deal as he starts his first full week in office. The Trans-Pacific Partnership had been negotiated since 2009 during former President Barack Obama’s White House tenure, but the U.S. Congress never ratified it, with numerous lawmakers opposed to or skeptical of […]
SEOUL — U.S. President-elect Donald Trump refuted Kim Jong Un’s implied message that his military may soon test an intercontinental ballistic Missile (ICBM) capable of reaching the U.S. mainland, that the North Korean leader made during his New Year’s Day address. On Monday Trump sent out a Tweet saying, “It won’t happen!” North Korea just stated […]