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Bloomberg The state assets regulator in China’s Hubei province has asked companies backed by the province and their subsidiaries to suspend new property investments from September 5 amid a push to reduce financial risks, according to people familiar with the matter. The State-owned Assets Supervision and Administration Commission in Hubei has also asked province-backed companies to accelerate the construction or ...

Bloomberg Hyundai Motor Co. halted production at a plant in China on Tuesday after a supplier stopped delivery of parts for air-intake systems, suspending operations for the second time in three weeks in its biggest market. The China-based supplier, partly owned by a German company, has refused to deliver the parts since the weekend because of delayed payments from the ...

Bloomberg Google’s search service may be banned in China but parent Alphabet Inc. is hunting for workers in a further sign it has ambitions in the world’s biggest internet market. At least 20 positions based in Beijing are advertised on the company’s careers site, spanning engineering and marketing to product managers. Multiple listings are shown in the field of machine ...

Bloomberg Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held their first talks since defusing a border stand-off, with both leaders calling for stable ties between the two Asian giants. A healthy, stable relationship is in the fundamental interest of both nations, Xi said, according to the official Xinhua News Agency on Tuesday after the conclusion of a ...

Bloomberg Prime Minister Theresa May is to use a speech in late September to try to force the pace of Brexit negotiations as an October showdown with her European counterparts looms. She will explain how a raft of British position papers offer a vision of a “deep and special partnership” with the European Union, and make the case for continuous ...

BEIRUT / Reuters Syrian government forces advanced against IS on Tuesday to reach troops surrounded for years by the extremists in a government-held enclave in the eastern city of Deir al-Zor, pro-Damascus media outlets and a monitoring group reported. “The Syrian army and its allies break the siege on Deir al-Zor,” a military media unit run by Syria’s ally Hezbollah ...

Bloomberg US President Donald Trump agreed to support billions of dollars in new weapons sales to South Korea after North Korea’s largest nuclear test, while his ambassador to the United Nations said the US would seek the strongest possible sanctions against Kim Jong Un’s regime. Ambassador Nikki Haley said at a meeting of the UN Security Council that Kim was ...

Bloomberg A top adviser to Turkish President Recep Tayyip Erdogan slammed “populist” exchanges during Germany’s election campaign after Chancellor Angela Merkel said she’ll urge European Union leaders to decide whether to suspend or end Turkey’s accession to the bloc. The Turkish lira and bonds dropped on Tuesday as Merkel told the lower house of parliament in Berlin that she’ll bring ...

Bloomberg President Tsai Ing-wen named a popular southern Taiwan mayor to lead her government, as she seeks to rebuild support ahead of next year’s local elections. Tsai on Tuesday appointed Tainan Mayor William Lai to take over as premier, a move that had been widely expected after Lin Chuan resignation’s a day earlier. Lai will be tasked with reorganizing the ...

China may be an even bigger economic deal than we thought. Almost everyone knows that, in the past three decades, China has gone from a huge and poor nation to the world’s biggest exporter and second-largest economy. Now, in a new report, two economists claim that China’s emergence explains a lot more. Specifically, they say it fostered three major global ...