This time last year, South Korean private-equity firm MBK Partners LP was shopping around a rich prize—the South Korean operations of ING Groep NV, which it had acquired in 2013 as part of a planned…
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At Mar-a-Lago, Trump welcomes China’s Xi for high-stakes inaugural summit
Chinese President Xi Jinping touched down in Florida for a high-stakes summit at Trump’s Mar-a-Lago estate. ( read original story …)
South China Sea: Philippines' Duterte sends troops to unoccupied islands
Philippine President Rodrigo Duterte has ordered troops to occupy uninhabited islands and reefs in the disputed South China Sea. “The unoccupied, which are ours, let’s live on it,” Mr Duterte told reporters during a visit…
Great news for the loonie and TSX: The global driver of commodity demand has re-emerged
The current spike in China’s imports is great news for Canadian equities and the loonie. Most investors are aware that the Chinese economy is the world’s largest driver of commodity demand but the sheer scale…
Trump's constant trashing of China over its currency could backfire
President Trump risks an embarrassing blunder if he doesn’t tone down his rhetoric on China’s currency when he comes face to face with President Xi Jinping. The first meeting between the leaders of the world’s…
Yum China posts positive Q1 on takeout sales, tax break
SHANGHAI Yum China Holdings Inc (YUMC.N) posted a slight rise in first-quarter same-store sales, helped by a jump in takeout demand and improvement at its flagging Pizza Hut brand as the newly spun-off firm looks…
China is building a brand-new city twice the size of New York City
At a total area of 305 square miles, New York City is quite the sight to behold. So imagine the opulence of Xiongan New Area, a newly proposed city in China that would measure 772…
Trump presses China on NKorea; another bluff could hurt him
But if he’s bluffing, and Xi calls him on it, that might prove damaging in future negotiations with China or in building a united front against North Korea’s nuclear and missile programs. The two-day meeting…
Xi says China, Finland to increase cooperation under China-EU framework
HELSINKI (Reuters) – China and Finland will increase cooperation under the China-European Union framework, President Xi Jinping said on Wednesday after arriving in Finland for his first visit as head of state. Xi is due…
Billionaire Warren Buffett becomes face of Cherry Coke in China
In Communist-ruled China, where Chairman Mao portraits are as ubiquitous as brand-name logos, Buffett’s business acumen has made him a celebrity and inspired thousands of Chinese investors to reportedly flock to Omaha, Nebraska, for Berkshire…
China March data seen showing solid growth but all eyes on Trump-Xi meeting
BEIJING (Reuters) – A flurry of data in coming weeks is expected to show China posted solid economic growth in March, as President Xi Jinping and President Donald Trump meet for the first time this…
Yum China posts positive first-quarter on takeout sales, tax break
SHANGHAI (Reuters) – Yum China Holdings Inc posted a slight rise in first-quarter same-store sales, helped by a jump in takeout demand and improvement at its flagging Pizza Hut brand as the newly spun-off firm…
China’s e-commerce boom part IV: Creating a buzz overseas
Even if consumers have not personally visited the particular country, foreign brands are finding innovative ways to generate excitement and build support in China. “Online videos that show the people, places and customs of the…
