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  • SINGAPORE, April 25- U.S. sanctions against Iran have denied its government more than $10 billion in oil revenue since President Donald Trump first announced the move last May, a U.S. official said on Thursday. Special Representative for Iran and Senior Policy Advisor to the Secretary of State, made the comment during a call with reporters days after Washington...

  • HONG KONG, April 23- Chinese President Xi Jinping is refashioning his country's military into a potent fighting force that in some critical areas now surpasses the U.S. armed forces, making an American victory over China in a regional war far from assured, Reuters reports today. According to retired Admiral Gary Roughead, who held the top job in the U.S. Navy,...

  • HONG KONG, April 23- Chinese President Xi Jinping is refashioning his country's military into a potent fighting force that in some critical areas now surpasses the U.S. armed forces, making an American victory over China in a regional war far from assured, Reuters reports today. According to retired Admiral Gary Roughead, who held the top job in the U.S. Navy,...

  • The Admiral Gorshkov frigate of the Russian Northern Fleet arrives in the port of Qingdao to take part in a military parade marking the 70th anniversary of the founding of China's Navy.

    The Chinese people love peace and countries should not threaten each other with the use of force, President Xi Jinping said on Tuesday as he kicked off a large-scale naval parade marking 70 years since the founding of China's navy.

  • *U.S. to end all waivers for Iran oil imports. *Iran says in touch with partners on waivers. "Most, if not all, legitimate commercial interests will avoid Iran oil purchases.

  • *U.S. aims to cut Iran oil exports to zero. *White House says working with Saudi Arabia, UAE to ensure supply. Eight economies, including China and India, were granted waivers for six months, and several had expected those exemptions to be renewed.

  • WASHINGTON, April 22- The United States on Monday said it will eliminate in May all waivers granted to eight economies allowing them to buy Iranian oil without facing U.S. sanctions, as it ratcheted up pressure to choke off all oil revenues of the Islamic Republic. The decision, taken by President Donald Trump, has sent oil prices to their highest in 2019, even...

  • President Donald Trump has decided to eliminate all waivers issued to eight economies allowing them to buy Iranian oil without facing U.S. sanctions, the White House said on Monday, while vowing to ensure global oil market was well supplied. "The United States, Saudi Arabia and the United Arab Emirates... along with our friends and allies, are committed to ensuring...

  • *U.S. prepares to end Iran oil waivers, announcement due Monday. LONDON, April 22- Oil topped $74 a barrel on Monday, the highest since November, as the United States was set to announce a further clampdown on Iranian oil exports, tightening global supplies. The United States is expected to say later on Monday that buyers of Iranian oil need to end imports soon or face...

  • *Orders from China drop 13.7 pct y/y; U.S. down 9.7 pct. TAIPEI, April 22- Taiwan's export orders fell for the fifth straight month in March, and at a much sharper pace than expected, as the island's manufacturers kept struggling with a drop in global tech demand. Taiwan's hi-tech factories are major suppliers for global tech heavyweights such as Apple Inc and...

  • President Donald Trump speaks during a meeting of the White House Opportunity and Revitalization Council in the Cabinet room at the White House in Washington, April 4, 2019.

    Oil prices surge on reports that Washington will announce that all buyers of Iran's oil must end imports, or be subject to U.S. sanctions.

  • German Chancellor Angela Merkel and U.S. President Donald Trump are seen as they pose for a family photo at the start of the NATO summit in Brussels, Belgium July 11, 2018.

    Opening up a new trade front with the EU would be an unwise move. Washington should opt for an amicable settlement among close friends and allies, writes Michael Ivanovitch.

  • *U.S. re-imposed sanctions against Iran in November 2018. WASHINGTON/ SINGAPORE, April 22- The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering about a 3 percent rise in crude prices. In November, the U.S. reimposed...

  • Workers cross walkways between zones aboard an offshore oil platform in the Persian Gulf's Salman Oil Field, operated by the National Iranian Offshore Oil Co., near Lavan island, Iran, on Thursday, Jan. 5. 2017.

    The United States is expected to announce on Monday that all importers of Iranian oil will have to end their imports shortly or be subject to U.S. sanctions, a source familiar with the situation told Reuters.

  • The marines of the China's navy participate in the annual military training on January 3, 2018 in Zhanjiang, Guangdong Province of China.

    China will show off new warships including nuclear submarines and destroyers at a parade next week marking 70 years since its navy's founding, a senior commander said on Saturday.

  • QINGDAO, China, April 20- China will show off new warships including nuclear submarines and destroyers at a parade next week marking 70 years since its navy's founding, a senior commander said on Saturday, as Beijing flexes its increasingly well-equipped military muscle. President Xi Jinping is overseeing a sweeping plan to refurbish the People's Liberation...

  • An employee of German camera manufacturer Leica Camera places the iconic logo on a camera at the Leica production site in Solms.

    The five-minute dramatization, released this week, touches on a highly sensitive topic in China.

  • BEIJING, April 19- Germany's Leica Camera AG drew criticism on Chinese social media over a video depicting a news photographer covering the crackdown on pro-democracy protests in and around Beijing's Tiananmen Square three decades ago. The five-minute dramatisation, released this week, touches on a highly sensitive topic in China. The hashtag "Leica...

  • *China hosting Belt and Road summit in Beijing April 25-27. BEIJING, April 19- China's Belt and Road project is not a "geopolitical tool" or a debt crisis for participating nations, but Beijing welcomes constructive suggestions on how to address concerns over the initiative, the government's top diplomat said on Friday. Beijing will host a Belt and Road summit next...

  • BEIJING, April 19- China's Belt and Road project is not a "geopolitical tool" or a debt crisis for participating nations, but Beijing welcomes constructive suggestions on how to address concerns over the initiative, the government's top diplomat said on Friday. Beijing will host a Belt and Road summit next week which 37 foreign leaders will attend, including some...