US tells Southeast Asian leaders summit marks ‘new era’ for ties

WASHINGTON, USA – United States President Joe Biden said on Friday, May 13, a first summit in Washington with leaders from the Association of Southeast Asian Nations (ASEAN) marked the launch of a “new era” in the relationship between the United States and the 10-nation bloc. Addressing ASEAN leaders on the second day of a … Read more

Societe Generale severs Russia ties with sale of Rosbank to oligarch Potanin

Rosbank will rejoin the business empire of Vladimir Potanin, the 61-year-old head of mining giant Norilsk Nickel PARIS, France – French bank Societe Generale said on Monday, April 11, it would quit Russia and take a 3-billion-euro ($3.3-billion) income hit from selling its Rosbank unit to Interros Capital, a firm linked to Russian oligarch Vladimir … Read more

China urges Philippines to ‘eliminate interference’ in ties

Chinese Foreign Minister Wang Yi also pledges Beijing’s future support for key infrastructure projects, and says the country is ready to provide the Philippines with COVID-19 assistance, including vaccines MANILA, Philippines – China has called on the Philippines to “eliminate interference” in its ties, as it expressed optimism that cooperation between the two countries would … Read more

US envoy to Moscow says Russia ties sunk to ‘Mariana Trench’ depths

WASHINGTON DC, USA – Russia’s invasion of Ukraine has made John Sullivan’s tough job as US envoy to Moscow even harder as he grapples with the Kremlin’s nuclear saber-rattling and threats to sever relations while keeping his embassy running on one-tenth the normal staff. “It was really bad two and a half years ago,” Sullivan … Read more

Uniqlo owner stays put in Russia as Netflix, AMEX, and others sever ties

‘Clothing is a necessity of life. The people of Russia have the same right to live as we do,’ says Fast Retailing CEO Tadashi Yanai, adding that every country should oppose war Uniqlo owner Fast Retailing will keep its stores in Russia open, joining a small group of international firms that are staying put even … Read more