Wednesday, August 19, 2026
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US debt market crisis looming, JPMorgan chief warns

Dimon cautioned that once investors become aware of the impact of rising debt levels, interest rates would skyrocket and markets would be disrupted -- a dangerous scenario for the world's biggest economy.

China slams ‘unreasonable’ US decision to revoke student visas

"The US has unreasonably cancelled Chinese students' visas under the pretext of ideology and national rights. China firmly opposes this and has lodged representations with the US," foreign ministry spokeswoman Mao Ning said.

Why ASEAN must reform now

ASEAN lacks the historical urgency and precedent unlike the Europeans, in having survived the decades of war and suffering, in coming together to form a greater institutional backing and governance in preventing future conflicts.

Hong Kong to open universities to more foreign students after US...

or international students affected by the United States' student admission policy, the Education Bureau (EDB) has appealed to all universities in Hong Kong to provide facilitation measures for eligible students.

Trump expands Apple tariff threat to all smartphones

US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent tariff unless their devices are built in the United States.

Severe storms, tornadoes kill more than 25 in south-central US

More than 108,000 people were still without power across the three states late Saturday.

Hamas to release hostage as part of direct Gaza talks with...

"Israeli soldier Edan Alexander, a dual US national, will be released as part of efforts towards a ceasefire" and the reopening of aid crossings, the Palestinian militant group said in a statement.

No rate cuts expected from US Fed facing ‘unfavorable’ conditions

Analysts and investors overwhelmingly think the Fed will choose to sit tight, preferring to wait and see how the new levies affect the US economy before moving on rates.

Former VP Pence warns Trump’s tariffs could lead to US shortages

Pence said he had "concerns" that Trump's tariff policies were "essentially new industrial policy that will result in inflation, that will harm consumers and that will ultimately harm the American economy".

Is history repeating itself?

Experts agree the current tariff wars and escalating trade tensions, particularly between the U.S., China, and the EU, have raised fears of a global recession, drawing comparisons to historical precedents like the 1930s Smoot-Hawley tariffs and the 1970s trade conflicts.