Monday, 25 June 2018

Monday Morning Briefing: U.S. says it is working to reunite 2,053 children with families

Highlights

The U.S. government still has 2,053 children in its custody who were separated from their parents under Trump’s “zero tolerance” immigration policy and officials said there was a “well coordinated” process for reuniting families.

Chinese and European Union officials both agreed to oppose unilateralism and trade protectionism during talks in Beijing on a bilateral investment agreement, taking a swipe at Trump’s campaign of punitive tariffs.

Commentary: As the former U.S. ambassador to the Holy See – and a migrant who once also faced the fear of being separated from my family – I have to speak out: the way U.S. officials have used the Bible to justify inhumane immigration policies is antithetical to America and its faith traditions, writes Miguel H. Díaz. "American democracy cannot survive and thrive unless we resist the temptation to demonize our fellow human beings."

World

Turkish President Tayyip Erdogan won sweeping new executive powers after his victory in landmark elections that also saw his Islamist-rooted AK Party and its nationalist allies secure a majority in parliament.

Europe’s most powerful economy thrived through industrial innovation, so why is it lagging so far behind other countries when it comes to digital progress? A Reuters special report investigates.

North Korea will continue to ignore Japan unless Tokyo halts hostilities against its neighbor, such as large-scale military drills and efforts to boost military readiness, the isolated nation’s state media said.

 

Two @Reuters journalists have been detained in Myanmar for 196 days. See full coverage: https://reut.rs/2toEScu

6:16 AM - JUN 25, 2018

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China

Exclusive: Beijing has begun downplaying Made in China 2025, the state-backed industrial policy that has provoked alarm in the West and is core to Washington’s complaints about the country’s technological ambitions, diplomatic and Chinese state media sources said.

The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with “industrially significant technology,” a government official briefed on the matter said.

Business

China's Meituan Dianping files for Hong Kong IPO; seeks over $4 billion: sources

China’s Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge of the deal said.

5 Min Read

Toshiba says SEC completes accounting probe, no penalty

Japan’s Toshiba said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company.

2 min read

Harley-Davidson says will not raise prices to cover tariff costs

Harley-Davidson said it would not raise retail or wholesale prices to its dealers to cover the costs of the retaliatory tariffs by the European Union on U.S. products.

1 min read

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