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Duterte: Philippines can’t stop China moves in disputed sea

  MANILA / AP Philippine President Rodrigo Duterte said on Sunday that his militarily inferior country can’t stop China’s actions in contested waters, responding to a reported plan by Beijing to construct an environmental monitoring station in a disputed shoal off the northwestern Philippines. Duterte, however, warned that he would invoke a July 12 arbitration ruling that invalidated China’s territorial ...

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The dark side of India’s ‘power-to-all’ plan

  Bloomberg Like generations before him, the only light Jurdar Thingya has at night in his one-room mud hut in India’s Maharashtra state comes from a small wood fire on the floor. A broken solar panel is all that the 35-year-old farmer has to remind him of the government’s promise to bring electricity to all of India’s villages. Bhamana, population ...

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Realtors investigated for Hong Kong overseas property sales

  Bloomberg Hong Kong’s securities regulator is investigating whether realtors selling overseas properties are illegally marketing investment plans, according to a lawmaker helping investors who lost money on such deals. Buyers argued that developments promoting guaranteed rental income are so-called collective investment schemes, which need approval from the Securities and Futures Commission, said James To Kun-sun, a member of the ...

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