US and China agree to reopen trade talks in October

Investors welcome news but remain cautious while Trump shows little sign of ceding The US and China have agreed to reopen trade talks next month as concerns grow that the tariff war between the worlds two largest economies could 2020 presidential election campaign. The president recently hailed his very successful trade battle with China, and said he did not want the US to be servants to the Chinese. Mark Haefele, the global chief investment officer at UBS Wealth Management, said: Locking down a date for high-level talks is a positive step, and is in line with our expectations for continued talks as both sides try to avoid significantly increasing tariffs. However, we still dont expect a deal to be reached …

Christchurch shootings: ‘real issues’ not being heard by inquiry, critics say

Survivors of mosque massacres not consulted and reporters shut out of royal commission hearings into March attack that killed 51 people Concern is growing that New Zealands royal inquiry into the Christchurch massacre is lacking teeth and transparency with survivors, the media and security experts raising red flags. On 15 March a lone gunmen killed 51 people in a white supremacist-inspired attack at two inner-city Christchurch mosques. Prosecutors say the massacre was livestreamed by the Australian-born shooter, Brenton Tarrant, and is the biggest mass murder in New Zealands modern history. Jacinda Ardern announced a royal commission of inquiry would be held to ascertain what could have been done to prevent the tragedy, particularly by the security and intelligence sector, who …

China reportedly signs secret deal to station troops in Cambodia

Wall Street Journal says US officials have seen pact but Cambodian PM denies move China has signed a secret deal to allow its military troops to be stationed at a naval base in Cambodia, according to reports. The Belt and Road once sleepy seaside town of Sihanoukville, which has become a focal point of Chinese investment, with almost 100 casinos springing up in two years catering solely for Chinese visitors and a special economic zone established for Chinese companies. Chinese nationals now own more than 90% of businesses in Sihanoukville. If true, its further evidence of Cambodia falling deeper and deeper into Chinas embrace, said Sophal Ear, a prominent Cambodian political scientist. It does not come as a surprise as …