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Beijing likely to dump US treasuries as US-China tensions soar: Report

China, the second largest non-U.S. holder of Treasuries, held $1.074 trillion in June, down from $1.083 trillion the previous month, according to latest official data

China plans $146 bn infra push in Tibet as tensions with India rise: Report

The renewed push to step-up development of the remote and impoverished southwestern region signals Beijing's intent to bolster frontier security amid heightened border tensions with India

Pakistan's flag carrier not to appeal EU ban, review turnaround strategy

The European Union Aviation Safety Agency (EASA) banned PIA from flying to the bloc in June over safety concerns

White House asks US govt agencies to detail all China-related funding

The White House document asks for data for all US government funding used to "counter malign Chinese influence or behavior incongruent with American interests"

European Union countries consider a climate target for every decade

The EU is aiming to strike a deal this year on a law to make its climate targets legally binding, and member states will start discussions next week on the text

World must unite, vaccine nationalism will only prolong Covid-19: WHO chief

The WHO and GAVI vaccine alliance are leading a global vaccine allocation plan known as COVAX aimed at helping buy and distribute vaccination shots fairly

India open to raising duties on auto imports to boost local production

Modi government wants companies to reduce imports, increase domestic production and play a bigger role in the global supply chain in an effort to make the country more self-reliant

Sri Lanka navy says no real risk of oil spill on stricken supertanker

Three tug boats, five Sri Lankan navy ships as well as two craft from the Russian navy and three from the Indian navy have been assisting in an operation to fight the fire

US job growth slows further in August, unemployment rate falls to 8.4%

Nonfarm payrolls increased by 1.371 million jobs last month after advancing 1.734 million in July, the Labor Department's closely watched employment report showed

Oil holds near $44/barrel, heads for biggest weekly drop on demand concerns

Brent crude, the international benchmark, was up 5 cents, or 0.1%, to $44.12 at 0745 GMT, heading for a 2.3% drop this week

Sri Lanka tows supertanker ablaze off coast, one crewman presumed dead

The fire was still raging on the New Diamond tanker carrying about 2 million barrels of oil

UK officials see 30%-40% chance of Brexit trade deal with EU: Report

UK left the EU on Jan 31, turning its back after 47 years on the post-World War Two project that sought to build the ruined nations of Europe into a global power

Astrazeneca to begin Phase 1/2 clinical trials of Covid vaccine in Japan

Astrazeneca said on Friday it is beginning Phase 1/2 clinical trials in Japan of its coronavirus vaccine candidate

Emerging market central banks deliver 19th month of interest rate cuts

August marked the 19th straight month of net cuts - the longest easing cycle for emerging market central banks since 2013

China's ByteDance buys UIPay to leverage e-payment capabilities at home

ByteDance, the owner of popular short-video app TikTok, said it has acquired a Chinese third-party payment service UIPay in a bid to leverage its domestic payment capability

Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

Malaysian prosecutors withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organise for a state fund

Gold gains as global equities pull back push demand; US jobs data in focus

Spot gold was up 0.3% at $1,935.84 per ounce by 0304 GMT, after falling to a near one-week low on Thursday. Bullion prices have declined 1.5% so far this week

Fire rages on supertanker off Sri Lanka, one crewman presumed dead

A Filipino crew member missing from a supertanker that caught fire off the Sri Lankan coast is presumed dead, a spokesman for the navy of the Indian Ocean nation said on Friday

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June

Brent crude fell 44 cents to $43.63 a barrel by 0325 GMT, while U.S. West Texas Intermediate was at $40.94 a barrel, down 43 cents and set for its first weekly drop in five weeks.

Asian stocks slip after Wall Street selloff dents tech scrips rally

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.6% and looked set for a 2.4% weekly loss, its biggest since April