Taiwan’s President Ma Ying-jeou will meet his Chinese counterpart Xi Jinping in Singapore on Saturday.
The Chinese finally took action after Black Monday’s carnage sent global stock exchanges plummeting in a matter of hours amid continued worries about the country’s deflated currency.
Half a century has passed since the Civil War between North and South Korea evolved into a global conflict, but the two rival nations are still nurturing a straining relationship.
Already burdened by weaker consumer spending and exports, Japan’s economy shrank further by 0.4 percent in the second quarter, between April and June, official data showed on Monday, creating a setback for the Prime Minister’s ‘Abenomics’ revitalization program that seeks to remedy two decades of stagnation.
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