Logo

Logo

US

Fed’s Caution

The US Federal Reserve’s decision to lower its benchmark interest rate to a range of 4.25-4.50 per cent marks a turning point in its monetary policy.

US military to have access to Philippines defence bases to counter China in SCS

To counter China's aggressive territorial posturing in the South China Sea, the Philippines agreed to provide the United States with expanded access to its military bases, implying US forces will have a greater strategic footing on the southeastern edge of the South China Sea close to self-ruled Taiwan, CNN reported.