US-China tensions

U.S., China defence chiefs meet in Cambodia

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U.S., China defence chiefs meet in Cambodia

U.S. Defense Secretary Lloyd Austin, second from left, and China’s Defense Minister Wei Fenghe, second from right, meet in Siem Reap, Cambodia, on November 22, 2022. | Photo Credit: AP U.S. Defense Secretary Lloyd Austin met his Chinese counterpart Wei Fenghe in Cambodia on Tuesday, with both sides describing the talks as productive without backing … Read more

Crude oil prices slip on US-China tensions, rising virus cases

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Crude oil prices slip on US-China tensions, rising virus cases

SINGAPORE/LONDON: Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors towards safe-haven assets. Brent crude dipped 20 cents, or 0.5%, to $43.14 a barrel by 1000 GMT, while U.S. West Texas Intermediate (WTI) crude dropped to $41.15 a barrel, down 14 cents, or 0.4%. … Read more