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Trump, Moon set Summit talks on Korea for April10-11

April 1, 2019

SEOUL - South Korea's President, Moon Jae-in, is to visit Washington on April 10-11 for a summit with U.S. President Donald Trump. "The two Heads of State will have in-depth discussions on how to work together to further strengthen the ROK (Republic of Korea)-U.S. alliance and establish a peace regime on the Korean Peninsula through complete denuclearisation," Senior Presidential Secretary for Public Relations Yoon Do-han told a news briefing.

CNY: Another milestone in China’s financial market liberalisation

April 1, 2019

SINGAPORE - Today sees formal entry of onshore China bonds into the Bloomberg Barclays Global Aggregate Index, another important milestone in China's financial market liberalisation. ANZ Bank estimates potential foreign bond inflows of US$150 billion from asset managers tracking the Global Aggregate Index over the 20-month phase-in period.

China's subsidy cuts on new energy vehicles will pressure market: S&P

March 29, 2019

HONG KONG - S&P Global Ratings said today that China's further cuts to subsidies on new energy vehicles (NEV) will increase pressure on the country's evolving and highly-competitive car market. However, given that NEVs make up a small proportion of current sales, subsidy phase-outs are not the biggest challenge on the horizon for rated Chinese car.

Taiwan’s growth dragged by global electronics demand, but new industries could emerge

March 21, 2019

TAIPEI - External headwinds are creating more uncertainties in Asia, and Taiwan is feeling the squeeze, says the French banking group Natixis in a research report.  Besides the risks of the US-China trade war, a lengthened phone replacement cycle continues to pose challenges to Taiwan's trade-dependent economy before the rollout of 5G technology and related equipment, it says.