Chile currency plunge, inflation rattle Latin America’s copper king
SANTIAGO - Chile's tumbling currency and runaway inflation are testing the Andean copper giant's economic and financial systems, and complicating President Gabriel Boric's plans...
US Treasury’s Yellen, Japan’s Suzuki to discuss weak yen, more sanctions on Russia
TOKYO - US Treasury Secretary Janet Yellen will discuss ways to further strengthen Western sanctions against Russia over its war in Ukraine when she...
China warns Asian nations to avoid being used as ‘chess pieces’ by major powers
JAKARTA — China’s foreign minister Wang Yi warned on Monday during a policy speech in the Indonesian capital that countries should avoid being used as “chess pieces” by major powers in a region at risk of being reshaped by geopolitical factors.
Japan PM Kishida poised to consolidate ruling party power as Shinzo Abe mourned
TOKYO/NARA — Japanese Prime (PM) Minister Fumio Kishida looked set to consolidate authority within his ruling party after a strong election result virtually ensured him three more years as premier, even as the party mourned the killing of leading power broker Shinzo Abe.
‘We’re not the devil’: France Inc. grapples with new political order
AIX-EN-PROVENCE, France — France’s business elite is grappling to live with a new more hostile political order a month after far-right and hard-left parties robbed President Emmanuel Macron’s government of its control of parliament.
S. Korea’s Yoon suspends informal media briefings, citing COVID
SEOUL — South Korea’s president will suspend informal media briefings that he has held nearly every day since taking office in May, his office said on Monday, citing rising numbers of COVID-19 infections as a survey showed a fall in his approval ratings.
Kiribati’s shock withdrawal overshadows Pacific leaders meeting
SUVA, Fiji — The withdrawal of the remote Pacific island nation of Kiribati from the region’s key diplomatic group has overshadowed the Pacific Islands Forum as leaders arrive in Fiji for the first in-person meeting in two years.
Macau shuts all its casinos to curb COVID, gaming shares plunge
HONG KONG — Macau shut all its casinos for the first time in more than two years on Monday, sending shares in gaming firms tumbling as authorities struggle to contain the worst coronavirus outbreak yet in the world’s biggest gambling hub.
Why Russia drives European and British gas prices
LONDON — The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo planned maintenance from Monday, cutting gas supplies to...
Death of ‘Abenomics’ father may give Japan scope to curb stimulus
TOKYO — The death of Shinzo Abe, namesake of Japan’s “Abenomics” policy, makes any immediate challenge to his legacy highly unlikely but could eventually...
Candidates jostle to replace UK PM Johnson in packed race
LONDON — The contest to replace British Prime Minister Boris Johnson gathered pace on Sunday as five more candidates declared their intention to run,...
Sri Lanka’s president, premier to quit over economic collapse
COLOMBO — Calm returned to the streets of Sri Lanka’s commercial capital Colombo on Sunday and protesters were jubilant as President Gotabaya Rajapaksa agreed to resign after his house was stormed amid outrage over the South Asia nation’s collapsing economy.