“Lai Ching-te of the Democratic Progressive Party becomes the next president, defeating his opponents Hou Yu-ih of the Kuomintang and Ko Wen-je of the Taiwan People’s Party. The victory represents an unprecedented democratic milestone: the first time a political party in Taiwan has won a third straight presidential election....
The United Arab Emirates will stick by its decision to establish warmer relations with Israel even as the Jewish state’s war against militant group Hamas leaves Arab governments under mounting pressure to sever ties....
SpaceX Sues US Labor Board Over Fired Employees Case::SpaceX sued the US labor board in federal court on Thursday, arguing that a complaint against the Elon Musk-led company for firing employees should be put on hold because the agency’s structure is unconstitutional.
BNEF journalist Colin McKerracher summarizes trends in China predicting a peak in fossil transport fuel: electric vehicle car sales, two and three wheeled electric kilometers traveled, electric trucks reaching the tipping point and ride hailing legislation.
Indonesia is preparing to impose tariffs and use other means to protect its textile industry from imports from China, the latest in a series of countries and blocs such as the US and the European Union, which are responding to the flood of goods out of the world’s largest manufacturing nation....
Data for May due this week is forecast to show a resumption of loan growth after a shock contraction in April, the first for almost two decades. But nobody expects a return to the days when Beijing would engineer borrowing booms to speed up the world’s second-biggest economy....