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USA

South China Sea tension flares again as Biden takes charge
World

South China Sea tension flares again as Biden takes charge

  • A U.S. aircraft carrier group led by the USS Theodore Roosevelt entered the South China Sea over the weekend to promote “freedom of the seas” at a time of U.S. concern about China-Taiwan tensions and Beijing asserting its maritime agenda.
  • Taiwan, meanwhile, reported an incursion of Chinese bombers and fighter jets into its air defence identification zone.
Published 25 Jan, 2021 12:46pm
Inside Trump’s final days: Aides struggle to contain an angry, isolated president
World

Inside Trump’s final days: Aides struggle to contain an angry, isolated president

  • Trump had wanted to join the thousands of hardcore followers who assembled at Capitol Hill on Jan. 6.
  • Trump’s fiery, grievance-filled speech from the Ellipse park on the southern outskirts of the White House was a central focus of this week’s hastily arranged proceedings in the House of Representatives that led to his impeachment on a charge of inciting insurrection.
Published 15 Jan, 2021 08:14pm
American troops in Afghanistan formally down to 2500
World

American troops in Afghanistan formally down to 2500

  • The United States military has met its goal of reducing the number of troops in Afghanistan to about 2500, as ordered by President Trump in November.
  • President-elect Biden has advocated retaining a small counter-terrorism force in Afghanistan, in an effort to ensure that extremist groups like Al-Qaeda are unable to launch attacks on the United States.
Updated 15 Jan, 2021 04:05pm
Progress stalls in Afghan peace talks as sides await Biden
World

Progress stalls in Afghan peace talks as sides await Biden

  • After a month-long break, some negotiators from both sides have yet to return to Doha, the Qatari capital that has served as venue for negotiations between the Afghan government and the insurgents to end decades of war.
  • In an agreement reached last year, Trump, who had long promised to end America’s longest war, signed the United States up to a full withdrawal in coming months.
Published 14 Jan, 2021 06:54pm
Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy
World

Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy

  • The incoming administration will work with Congress on the quick stimulus package after Biden takes office on Jan. 20.
  • Biden plans to introduce his package during a prime-time address on Thursday evening, underscoring the seriousness of the topic, but he will have to compete for attention with the political drama in Washington.
Published 14 Jan, 2021 05:36pm
Yuan inches up after PBOC sets guidance at 30-month high
Markets

Yuan inches up after PBOC sets guidance at 30-month high

  • Official data showed robust growth in profits at China's industrial firms in November, their seventh straight month of gains, supported by strong industrial production and sales, as manufacturers continue their recovery from the COVID-19 downturn.
Published 28 Dec, 2020 11:53am