Video shows US ally resupplying military outpost in disputed waters

Video shows US ally resupplying military outpost in disputed waters

[ad_1] The Philippines has released footage showing a recent supply and troop rotation mission to Second Thomas Shoal, a hot spot in the country’s long-running territorial feud with China. China said it allowed the May 16 mission to proceed after notification by the Philippines, though the U.S. ally has maintained it “need not seek permission.”…

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China raises cross-border renminbi use requirement for major banks

China raises cross-border renminbi use requirement for major banks

[ad_1] The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade Published Mon, May 26, 2025 · 07:21 PM [BEIJING] China’s central bank asked its major lenders to raise the share of renminbi when facilitating cross-border trade, in its latest push for the use of the currency as the…

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Tens of thousands in Minneapolis told to stay indoors on Memorial Day

Tens of thousands in Minneapolis told to stay indoors on Memorial Day

[ad_1] Residents living across a swathe of Minnesota have been warned of potentially dangerous air pollution, with “sensitive” groups urged to stay inside on Memorial Day. The U.S. Environmental Protection Agency’s (EPA) AirNow map, which offers a real-time snapshot of air quality, showed several areas around Minneapolis shaded orange on Monday. This means that air…

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France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi

France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi

[ad_1] [HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, among other pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence in its former colony, grappling with threats of crippling US tariffs. Macron’s first formal visit to Vietnam, the first by a French president in nearly…

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Asia’s rich trim US exposure, head to Europe amid tariff turmoil

Asia’s rich trim US exposure, head to Europe amid tariff turmoil

[ad_1] [SINGAPORE] Asian private banking clients sprung into action over the past month, refusing to sit idle despite the whiplash in global financial markets caused by the tariff turmoil. Individuals have been rebalancing their portfolios, according to some senior private bankers whose clients each have at least S$2 million in investible assets. Global financial markets…

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