Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. Javier Milei need only lean out the window of the presidential palace in downtown Buenos Aires to be confronted with Argentina’s ties to China. Source link
Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open higher on Monday tracking positive global market cues. Asian markets traded higher, while the US markets ended the March quarter on a stronger note led by a rally in technology stocks. With the beginning of a new financial year, Investors … Read more
In a recent meeting between Chinese President Xi Jinping and Dutch Prime Minister Mark Rutte, discussions centred on critical technological issues, notably the semiconductor industry. According to a report by CNBC, President Xi conveyed China’s unwavering commitment to technological advancement, emphasising that no external force could impede its progress. “The Chinese people also have legitimate … Read more
NEW YORK (AP) — The Federal Trade Commission is investigating TikTok over its data and security practices, a probe that could lead to a settlement or a lawsuit against the company, according to a person familiar with the matter. The investigation is the latest battle in Washington for the social media company, which is already … Read more
Rutte is visiting China with the country’s Foreign Trade minister, Geoffrey van Leeuwen. The trip comes after a year in which the Netherlands decided, under pressure from the United States, to restrict some of the export of advanced chip printing machines by Dutch chips champion ASML to China. ASML estimates that the impact of the … Read more
Chinese President Xi Jinping met Wednesday with representatives of US businesses, state media reported, as Beijing seeks to woo foreign investment and reassure American firms in the face of a slowing economy. “On the morning of March 27, President Xi Jinping met with representatives from the US business community… at (Beijing’s) Great Hall of the … Read more
The Japanese Patent Office (JPO) updated its annual report on “Recent Trends in Business-Related Inventions” in November 2023. The report has summarized patent filings and examination trends in business-related inventions between 1997 and 2021. As for the 2020 updates, please refer to our past newsletter (click here). This article will analyze patent filing trends in … Read more
Private equity giants operating in Asia are confident in their core business, but they are eyeing alternative assets such as private credit and infrastructure to generate better returns. As total deal value and fundraising in the Asia-Pacific private equity market slumped to the lowest in a decade in 2023, Apollo Global Management, Partners Group and … Read more
Asian markets are mixed and the US market took a breather after a rally sparked by optimism over the US Federal Reserve’s interest rate cuts. The Indian stock market was closed on Monday on account of the Holi festival. The markets will also remain shut on Friday, March 29, on account of Good Friday. On … Read more
MANILA, Philippines (AP) — The Philippines lodged its “strongest protest” against Beijing on Monday and summoned a senior Chinese diplomat over a water cannon assault by the Chinese coast guard that injured Filipino navy crew members and heavily damaged their boat in the disputed South China Sea, officials said. In response, China warned that relations … Read more