China (PRC)
Factbox: Strait of Hormuz: the world’s most important oil artery
(Reuters) – Iran’s ambassador to Britain warned against escalating tensions on Sunday, a day ahead of an expected response from the UK which could include fresh sanctions on Tehran or other steps after its seizure of a British-flagged oil tanker. Britain has called the capture of the Stena Impero in the Strait of Hormuz on …
China’s Anbang to offload health insurance unit as government speeds up asset sales
BEIJING (Reuters) – China’s Anbang Insurance Group said it will sell its entire stake in a health insurance unit as Beijing speeds up asset disposals at the troubled government-controlled insurance conglomerate. FILE PHOTO – A general view shows the headquarters of Anbang Insurance Group in Beijing, China, February 23, 2018. REUTERS/Thomas Peter Anbang said it …
Macron says he warned Iran’s Rouhani about breaking nuclear commitments
French President Emmanuel Macron speaks during a news conference after the European Union leaders summit in Brussels, Belgium, June 21, 2019. REUTERS/Piroschka van de Wouw TOKYO (Reuters) – French President Emmanuel Macron told his Iranian counterpart Hassan Rouhani that leaving the 2015 nuclear deal, or any signals that suggested Tehran would break the accord, would …
Risky partner: Top U.S. universities took funds from Chinese firm tied to Xinjiang security
SHANGHAI (Reuters) – The Massachusetts Institute of Technology and at least one other university have research partnerships with a Chinese artificial intelligence company that has business ties with police in China’s Xinjiang region, where a sweeping crackdown on Uighurs has drawn international condemnation. FILE PHOTO: The sign at Building 76 at the Massachusetts Institute of …
IMF’s Lagarde highlights potential disruptive nature of fintech
Christine Lagarde, managing director of the International Monetary Fund (IMF), speaks at the Group of 20 (G-20) high-level seminar on financial innovation “Our Future in the Digital Age”, on the sidelines of the G-20 finance ministers and central bank governors meeting in Fukuoka, Japan, on Saturday, June 8, 2019. Kiyoshi Ota/Pool via REUTERS FUKUOKA (Reuters) …
G20 agrees to push ahead with digital tax: communique
FUKUOKA, Japan (Reuters) – Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc’s draft communique obtained by Reuters showed. US Secretary of Treasury Steven Mnuchin (R, on podium) delivers a speech …
China to curb some technology exports to U.S.: Global Times editor
FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation Elaine Chao at China’s Ministry of Transport in Beijing, China April 27, 2018. REUTERS/Jason Lee/File Photo SHANGHAI (Reuters) – China is preparing to curb some technology exports to the United States, the chief editor of …