Seoul Seeks Financial Safeguards in $350 Billion US Investment Pact
South Korean officials are engaged in high-stakes negotiations in Washington this week, working to finalize financial protections for Seoul’s massive…
Tag: AirAsia
Diplomatic Tensions Rise as China Condemns UK Spy Allegations
China has denounced British politicians for allegedly smearing the country over a collapsed espionage prosecution. Meanwhile, former Trump adviser John Bolton faces indictment and Starbucks considers a $4 billion China stake sale. Financial markets show shifting risk appetites as regional bank concerns resurface.
China-UK Diplomatic Row Intensifies Over Espionage Case
Beijing has launched a strong condemnation of what it characterizes as British efforts to “smear and defame China” regarding a recently collapsed espionage case, according to reports from the Financial Times. The Chinese embassy in London reportedly issued warnings to the UK government to cease actions that could undermine bilateral relations.
AirAsia Reportedly in Preliminary Investment Talks With Vietnam’s Vietravel Airlines
Malaysia’s AirAsia is reportedly in preliminary talks to acquire a stake in Vietnam Travel & Marketing Transports JSC. Sources indicate the discussions focus on expanding AirAsia’s presence in Vietnam’s rapidly growing aviation market while navigating foreign ownership restrictions.
AirAsia Explores Strategic Investment in Vietnamese Carrier
Malaysia-based AirAsia is reportedly in early stage discussions to acquire a stake in Vietnam Travel & Marketing Transports JSC, commonly known as Vietravel Airlines, according to people familiar with the matter. Sources indicate that Tony Fernandes, the chief executive officer of Capital A Bhd., is leading the talks as the aviation group seeks to expand its footprint in Vietnam’s rapidly growing market.