Japan scrambled fighter jets on Sunday after spotting Chinese warplanes fly through a strait between Japan’s Miyako and Okinawa islands for the first time. Beijing said it sent more than 40 aircraft to participate in military drills in the Western Pacific. Source RT
Russia’s largest aluminum producer Rusal (0486.HK) said on Monday it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by U.S. sanctions. Source: Reuters
China says it has landed long-range bombers for the first time on an island in the South China Sea, the latest in a series of maneuvers putting Beijing at odds with its neighbors and Washington over China’s growing military presence around disputed islands. Source: CNN
The US treasury secretary announced that a looming trade war has been put “on hold.” But European officials are worried that a new trade deal between the US and China could come “at the expense of Europe.” Source: Deutsche Welle
