SINGAPORE — The global economy faces “very serious disruption” from the escalating US-China trade war, business leaders have warned, as the U.S. renews allegations of trade theft against Huawei Technologies and lawmakers move to ban chip sales to key Chinese companies. The business leaders’ warnings came as Beijing condemned as “hysteria” a draft bill presented in the U.S. Congress to ... Read More »
ISIS has told its members to stop using internet-based communication apps like WhatsApp and Telegram on smartphones, suspecting they are being used by the US-led coalition to track and kill its commanders. Until recently, the hardline group used such apps to chat with members and supporters outside its main areas of control in Syria, Iraq and Libya – including, say ... Read More »
U.S. stocks rose on Tuesday, led by gains in technology shares as Federal Reserve Chair Janet Yellen was optimistic about the economy and played down the risk of a recession, while concern over the upcoming British referendum remained subdued. Yellen, however, warned that the British vote on Thursday on whether to stay in the European Union, alongside a U.S. hiring ... Read More »
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