In formally lifting Washington’s embargo on the sale of weapons to Vietnam, U.S. President Barack Obama has affirmed that this action should not be seen as being aimed at any other state. Yet the subtext of Obama’s visit is clear: it is an implicit signaling of U.S. willingness to form a regional balance of power against the People’s Republic of ...

  Kuala Lumpur / Bloomberg AirAsia Bhd. received an offer valued at about $1 billion for its aircraft-leasing business, Chief Executive Officer Tony Fernandes said, prompting the shares to reach a new 14-month high in Kuala Lumpur trading. Asia’s biggest discount carrier intends to divest the fully-owned unit called Asia Aviation Capital Ltd. at some point, Fernandes said in an ...

  Beijing / Bloomberg Walt Disney Co. said it’s prepared to take action to protect its intellectual property rights after performers dressed as Snow White and Captain America were sighted at Dalian Wanda Group Co.’s new theme park and entertainment complex in China. “We vigorously protect our intellectual property and will take action to address infringement,” the company said in ...