China and the US should prepare for an era of ‘co-opetition’

China and the US should prepare for an era of ‘co-opetition’

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The rapid downward slide of China-US relations has exceeded everyone’s expectations. Even I, who was quite pessimistic, did not foresee this nose dive. If one talks about China in Washington now, the atmosphere can best be described as paranoid. Less than a year after President Donald Trump took office, Washington declared that the US had […]

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SoftBank suffers $6.4bn quarterly loss as WeWork investment sours

SoftBank suffers $6.4bn quarterly loss as WeWork investment sours

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SoftBank reported a quarterly net loss of ¥700bn ($6.4bn) after its outsized investment in crisis-hit property group WeWork soured, jeopardising Masayoshi Son’s ambitions to launch another $100bn investment fund.  The dismal results on Wednesday came two weeks after SoftBank agreed to a $9.5bn package to rescue the US office-sharing group following an aborted attempt to […]

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Vietnam mulls legal action over South China Sea dispute By Reuters

Vietnam mulls legal action over South China Sea dispute By Reuters

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By James Pearson and Khanh Vu HANOI (Reuters) – Vietnam could explore legal action among various options in its territorial dispute with powerful neighbor China in the South China Sea, a senior government official said on Wednesday. Frictions have grown between the two communist-run nations since Beijing in July sent a ship for a months-long […]

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Self-driving Uber in fatal crash wasn’t programmed to spot pedestrians in roadway

Self-driving Uber in fatal crash wasn’t programmed to spot pedestrians in roadway

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Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react to jaywalkers, according to documents released by U.S. safety investigators. The National Transportation Safety Board on Tuesday released more than 400 pages of reports and supporting documents on the March 2018 crash that killed 49-year-old […]

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France to unveil new immigration quotas

France to unveil new immigration quotas

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French President Emmanuel Macron’s government is set to unveil new immigration policies designed to discourage illegal migration, channel skilled foreign workers to the companies that need them and at the same time win over voters from far-right leader Marine Le Pen. Members of parliament for Mr Macron’s centrist party said that Edouard Philippe, the prime […]

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© Reuters. Rescue workers push stretcher trolleys carrying the bodies of dead village defence volunteers, who were killed by suspected separatist insurgents, at a hospital in Yala province

Gunmen kill 15 in southern Thailand’s worst attack in years By Reuters

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2/2 © Reuters. Rescue workers push stretcher trolleys carrying the bodies of dead village defence volunteers, who were killed by suspected separatist insurgents, at a hospital in Yala province 2/2 BANGKOK (Reuters) – Suspected separatist insurgents stormed a security checkpoint in Thailand’s Muslim-majority south and killed at least 15 people, including a police officer and […]

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Dow and Nasdaq again close at record highs

Dow and Nasdaq again close at record highs

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It’s the market that continues mostly upward, even though there’s still plenty to worry about. The Dow Jones industrial average and the Nasdaq closed at record highs yet again Tuesday, and the S&P 500 closed barely below the all-time high it reached a day earlier. The gains in recent weeks have been driven by company […]

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