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Trump’s North Korea warning sparks concern

  Just days ahead of scheduled meeting with Chinese President Xi Jinping, President Donald Trump said that US can act alone to deal with North Korea’s nuclear program if Beijing does not cooperate to put pressure on pariah nation. Trump and Xi are meeting on April 6-7 at Republican’s Mar-a-Lago resort in Palm Beach, Florida. North Korean threat and South ...

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Zombie companies threaten to eat Asia’s future growth

  Any horror aficionado knows that the only good zombie is a dead zombie. Don’t risk trying to bring one back to life. It’ll just come back to bite you. Apparently, policymakers haven’t watched enough B-movies. Worried about layoffs and soured loans, governments and banks across Asia continue to dole out cheap financing and other support to keep failing firms ...

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Tesla finally gets help in China. Is it too late?

  The $1.8 billion stake that Tencent Holdings Ltd. has bought in Tesla Inc. should give some confidence to other investors, despite the carmaker’s ugly balance sheet. But it’s far more important for Tesla’s future prospects than for its current needs: Without it, the company could end up a global afterthought in the race to build the next wave of ...

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