TAIPEI / AP Taiwan is planning to upgrade its F-16 fighter jets and will seek cutting-edge stealth aircraft from the United States in the face of a growing military threat from rival China, the Defense Ministry said on Thursday. The announcement follows the release of this year’s $11.4 billion defense budget, an increase of less than 1 percent from ...

  Bloomberg US stocks fell with the dollar and Treasuries as investors speculated the Federal Reserve will err in favour of more accommodation as it assesses the path for future rate hikes. Crude slipped below $49 a barrel. The S&P 500 Index failed to add to its best advance in two weeks, with health-care shares leading declines. Emerging-market equities surged ...

  Bloomberg Middle Eastern stock markets rose on Thursday, led by Egypt, after the US Federal Reserve hiked interest rates as expected but signalled no acceleration in the pace of monetary tightening. But Gulf bourses lagged emerging markets in general because of concern that low oil prices and government austerity measures will continue to weigh on corporate earnings. Among planned ...