North Korea has released and deported U.S. war veteran Merrill Newman who they had arrested and detained on charges of war crimes since October. Since his arrest there has been continues pressure from the U.S and the Swedish embassy was in touch with North Korea to get Mr. Newman released as US has no diplomatic relationship with North Korea and ... Read More »
In a historic move, the Federal Reserve has cleared and allowed China’s Biggest Bank ICBC to takeover a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a majority stake in the US subsidiary of Bank of East ... Read More »
The top U.S. military officer began a visit to Beijing aimed at improving chilly military relations with an appeal Sunday for a peaceful settlement amid tensions in the disputed South China Sea. The visit by Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, is the first of its kind in four years. The two governments are trying to ... Read More »
Apple has decided to get into the Chinese market by starting a new Apple store in Shanghai. Apple had its presence in china for over 2 years, but finally it decided to enter the Chinese market. Apple gave a preview of its new retail store to reporters on Thursday. The large outlet in Shanghai is set to be open to ... Read More »
Chinese Vice President Xi Jinping expressed Beijing concerns towards Myanmar and its hope to continue best relationship with Myanmar. The main goal is to attain Stable and everlasting relationship between the two countries, Xi added. Peaceful coexistence has been the cornerstone of China’s diplomacy and the two countries should promote projects to boost trade, Xi said during a meeting here ... Read More »
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