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Global debt is not yet at financial crisis levels — but...

Global debt is at elevated levels, but isn't high enough to draw comparisons with the 2008 financial crisis just yet. Risky corporate debt, particularly in the form of leveraged loans, has been on the rise for a number of years, with analysts suggesting the recent build up could be a significant risk to global GDP…

Report: Space will likely be a battlefield in any U.S. conflict...

Breaking News Emails Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. SUBSCRIBE Feb. 11, 2019, 11:02 PM GMT By Courtney KubeWASHINGTON — A new U.S. intelligence report warns that both China and Russia are investing in weapons that could attack U.S. satellites and assets in space, and…

Britain is ramping up its stand-off with China by deploying its...

Britain has announced plans to send its newest and most powerful aircraft carrier to the South China Sea, intensifying an already-tense stand-off with China over who controls the waterway. UK Defence Secretary Gavin Williamson announced the deployment of HMS Queen Elizabeth, the Royal Navy's new aircraft carrier, in a speech Monday morning. The mission, announced…

Shut detention camps, Turkey tells China

Media playback is unsupported on your device Media captionJohn Sudworth reports from Xinjiang, where one million Uighurs have reportedly been detainedTurkey has called on China to close its detention camps following the reported death of a renowned musician from the ethnic Uighur minority. Abdurehim Heyit is thought to have been serving an eight-year sentence in…

‘We were jailed in China – but we got out’

Image copyright SIMEON GARRATT Image caption Julia and Kevin Garratt (centre) with their children Peter and Hannah. Their second son Simeon is not pictured Canadian couple Kevin and Julia Garratt were detained in China in 2014 and accused of spying. Amid an escalating feud between Canada and China and allegations of retaliatory detentions, the pair…

The Dow drops 350 points as Caterpillar, Nvidia stoke China growth...

Brendan McDermid/Reuters Stocks fell sharply Monday after weaker-than-expected economic data and earnings added to fears about a slowdown in China. Wall Street had rallied Friday after the longest shutdown on record ended. Watch stocks trade in real time here. Stocks fell Monday after another round of dismal economic data from China, adding to long-standing fears…

Trudeau fires Canadian ambassador to China

Image copyright Reuters Image caption Justin Trudeau (R) appointed John McCallum ambassador to China in 2017 Prime Minister Justin Trudeau has fired Canada's ambassador to China, John McCallum. It follows controversial comments Mr McCallum made about an extradition case involving a senior executive from the Chinese telecoms giant Huawei. Mr Trudeau said in a statement…

‘UNPRECEDENTED DANGER’: Billionaire investor George Soros just went scorched earth on...

DAVOS, Switzerland — George Soros has made a tradition out of giving a big speech at the World Economic Forum's Annual Meeting. And based on how the last two years have gone, he's not in the business of making friends — especially not in the Chinese government. The 2019 version of this — delivered on…

The Trump administration is reportedly considering lifting some tariffs on China...

Treasury Secretary Steven Mnuchin and some Trump administration officials are pushing for the US to lift tariffs on Chinese goods to calm worried investors and get Beijing on board with a larger trade deal, according to a new report. The Wall Street Journal reported on Thursday that Mnuchin had brought up the idea of removing…

US issues travel warning over China arrests

Image copyright AFP Image caption Canadians Michael Spavor (L) and Michael Kovrig are being detained in China The US state department has urged Americans to "exercise increased caution" when travelling to China after a spate of high-profile detentions. Its updated advice warns that US citizens have been arbitrarily prevented from leaving the country. The warning…
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