BEIJING (Reuters) -China has lodged "stern representations" to the Philippines over recent "negative moves" concerning Taiwan, as well as maritime and security issues, a Chinese foreign ministry statement said on Friday.
Department of Asian Affairs Director-General Liu Jinsong conveyed the "stern representations" and "strong dissatisfaction" to Philippine Ambassador to China, Jaime FlorCruz, on Friday, the statement added.
The Philippine... (continue reading...)
DURBAN (Reuters) -G20 finance chiefs agreed a communique on Friday that underscored the importance of central bank independence and the role of the World Trade Organisation in advancing trade issues.
Here are the key points the finance ministers and central bank governors agreed on during a two-day meeting in the coastal city of Durban, South Africa, as well as which policy areas were omitted.
GLOBAL ECONOMY AND TRADE
The... (continue reading...)
(Reuters) -Japanese Finance Minister Katsunobu Kato said on Friday he was aware of bond market concerns about the country's fiscal policy ahead, in the build-up to an upper house election where the minority government is poised for another setback.
Japanese government bonds plunged this week, sending yields on 30-year debt to an all-time high, after polls showed Prime Minister Shigeru Ishiba's coalition was in danger of losing its majority in the upper... (continue reading...)
KYIV (Reuters) -Ukraine and the United States are in detailed talks on a deal involving U.S. investment in Kyiv's domestic drone production, Ukrainian Prime Minister Yulia Svyrydenko said on Friday.
The deal would also lead to the U.S. purchasing drones from Ukraine, Svyrydenko said as she spoke to reporters alongside several other new government ministers in Ukraine's capital.
Separately, economy minister Oleksy Sobolev said the board of a... (continue reading...)
(Reuters) -A Texas federal judge dismissed a lawsuit brought by health insurer Humana challenging the U.S. government's reduction in its star ratings for government-backed Medicare plans.
The ruling, which may hit the government's bonuses to Humana next year, dragged shares nearly 3% lower in morning trading. Shares of other insurers, including UnitedHealth and Centene , were also down between 1.5% and 2.3%.
The judge dismissed the lawsuit... (continue reading...)
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