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Trump hits China with tariffs, heightening concerns of global trade war

Washington (CNN)President Donald Trump launched the next salvo in his widening war on Chinese trade abuses, this time taking aim at China’s unfair seizure of US intellectual property. Trump on Thursday directed the US trade representative to level tariffs on about $50 billion worth of Chinese imports following a seven-month investigation into the intellectual property […]

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Snapchat stock loses $800 million after Rihanna responds to offensive ad

Rihanna is the latest celebrity to send Snap’s stock sliding. The singer tore into the app on Thursday for allowing an offensive ad to appear on its platform. Her remark sent Snap (SNAP)’s stock down nearly 4%, erasing nearly $800 million from its market value. Snap’s stock closed down 1% on Friday.  The ad in question was for the […]

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After summit rebuff, Duterte-Turnbull phone call being arranged

  An insulted Duterte then lashed out against the Australian government for supposedly interfering in the national elections. “Stay out, Australian government, stay out,” he had said. After Malacañang announced President Rodrigo Duterte will skip a major regional summit in Australia, the Australian embassy in the Philippines is expecting a phone call between the Philippine leader and Prime Minister […]

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Asian passports now the world’s most powerful

There are, it says, just two countries whose citizens enjoy visa-free access to a whopping 180 destinations around the world, and they’re both in Asia. Japan and Singapore are now the world’s most powerful passports, according to the Henley Passport Index, compiled by global citizenship and residence advisory firm Henley & Partners. They’ve successfully knocked […]

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South Korean prosecutors seek 30-year jail term for Park

SEOUL/TOKYO — South Korean prosecutors on Tuesday sought a 30-year prison term for former President Park Geun-hye over her role in a high-profile corruption scandal that has shaken the country’s business and political establishment. At a hearing at the Seoul Central District Court, prosecutors also demanded that Park, 66, pay fines totaling 118.5 billion won ($110 […]

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Duterte: West PH Sea exploration with China like ‘co-ownership’

  ‘It’s like two of us own that. That’s better than fighting,’ says President Rodrigo Duterte about China’s offer for joint exploration in the West Philippine Sea MANILA, Philippines – President Rodrigo Duterte likened joint exploration with China in the West Philippine Sea to “co-ownership” in a speech on Wednesday, February 28, in Marawi City. […]