U.S. accuses casino tycoon Wynn of acting as Chinese agent

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U.S. accuses casino tycoon Wynn of acting as Chinese agent

The U.S. Justice Department on Tuesday sued Steve Wynn, the former CEO of Wynn Resorts (WYNN.O), to compel him to register as an agent of China and accused him of lobbying then-President Donald Trump at Beijing's behest in 2017. Wynn's law..
Biden sends top-tier team to UAE with eye on frayed ties

President Joe Biden sent a high-powered U.S. delegation to the United Arab Emirates on Monday to offer condolences after the death of its ruler, in an apparent bid to repair frayed ties with Gulf Arab allies. Washington's desire to improve rel..
Half of Shanghai achieves 'Zero COVID'

Shanghai officials said on Wednesday half the city had achieved "zero COVID" status, but uncompromising restrictions had to remain in place under a national policy which the head of the World Health Organization described as "unsustain..
Sri Lanka gives emergency powers to military, police after clashes kill seven

Sri Lanka gave emergency powers on Tuesday to its military and police to detain people without warrants, after a day of clashes that killed seven people and injured more than 200, in violence that prompted Prime Minister Mahinda Rajapaksa to resign. ..
Sri Lanka in talks for $100 million emergency funding from Beijing-backed bank

The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to Sri Lanka, the country's finance ministry said on Sunday. Sri Lanka has requested foreign-exchange liquidity support for state b..
Some in Shanghai come out for air as Beijing resumes mass COVID tests

Some of Shanghai's 25 million people came out for brief walks and grocery shopping on Tuesday after enduring more than a month under a COVID lockdown, while China's capital Beijing embarked on another round of mass testing to control a nascen..
Taiwan says it cannot afford new U.S. anti-submarine helicopters

Taiwan signalled on Thursday that it had abandoned a plan to buy advanced new anti-submarine warfare helicopters from the United States, saying they were too expensive. Taiwan had earlier said it was planning to buy 12 MH-60R anti-submarine helico..
Oil Prices Rise Slightly amid Supply Concerns

Oil prices rose modestly on Wednesday due to ongoing concerns about tight worldwide supply, underscored by another drawdown in US distillate and gasoline inventories. The market rebounded late in the session after losing ground for most of the day..
Beijing restricts public transport as COVID spreads in China

The Chinese capital Beijing shut dozens of metro stations and bus routes on Wednesday in its campaign to stop the spread of COVID-19 and avoid the fate of Shanghai where millions of residents have been under strict lockdown for more than a month. ..

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