Sara Hsu SPECIAL TO EMIRATES BUSINESS China has faced a steel glut since 2014, when a real estate and debt shock forced demand for construction materials into a nosedive. China has been trying to cope with excess inventories both by cutting capacity in the sector and by reducing existing stocks of steel. China’s leadership is now encouraging steel overcapacity …

  Asia needs to craft regional rules and norms to defuse lingering tensions and safeguard the stability which has undergirded its prosperity, Singapore’s defense minister stressed at a security conference in Malaysia this week. In his address at the 4th Putrajaya Forum in Kuala Lumpur – a biennial defense meeting – Defense Minister Ng Eng Hen said that ASEAN must …

  Discussions of a possible U.K. exit from the European Union often center on how the move would affect the U.K. itself. It’s only natural, since British voters are the ones who will make the decision, and they care mainly about their own country. There are two sides to any divorce, however, and the relatively passive partner — in this …