US Faces Setback in Asia If TPP Trade Deal Doesn’t Pass – Wall Street Journal

President Barack Obama’s troubled Pacific-region trade deal is threatening to become a foreign policy failure in Asia, where the U.S. loaded the accord with strategic significance as a counterweight to the rise of China. U.S. officials have billed the 12-nation Trans-Pacific Partnership for years as central to a shift of U.S. military and other resources […]

AP PHOTOS: Editor Selections From the Past Week in Asia – ABC News

India and Indonesia both held Independence Day celebrations last week. India, which gained independence from British colonial rule on Aug. 15, 1947, marked the day with cultural and military parades, colorful festivals and political speeches. Prime Minister Narendra Modi addressed the nation, saying that India would not bow to extremism and calling for young people […]

Taking a look at the next three Olympic sites — all in Asia – Chicago Sun-Times

By CHRISTOPHER BODEEN Associated Press BEIJING (AP) — For the Olympics, it’s so-long Rio, hello Asia. The next three Olympics are headed for relatively calmer ports of call in South Korea, Japan and China following the organizational drama surrounding the 2014 Winter Olympics in Russia and the just completed Summer Games in Brazil, although challenges […]

Indonesia’s Finance Minister Sets Sights on Tax Evaders – WSJ – Wall Street Journal

JAKARTA, Indonesia—Indonesia’s Finance Minister, Sri Mulyani Indrawati, returned last month from a top post at the World Bank pledging to drill incompetent officials and pursue tax evaders with the same grit and persistence that earned her many political enemies in the same role a decade ago. The hard-nosed technocrat gained a reputation as one of Indonesia’s most important […]

Welcome to the ‘self-driving car of finance’ – Business Insider

(A rendering of DNA.) Shutterstock Everyone is talking about blockchain.  The nascent technology has the potential to allow a digital asset to be securely and seamlessly transferred from one party to another, eliminating the need for third-party intermediaries and shortening settlement time to seconds. Based on recent data, the estimated annual budget for blockchain initiatives in […]

The Finance Girl Who Breaks a Phone During Sex – New York Magazine

New York’s Sex Diaries series asks anonymous city dwellers to record a week in their sex lives — with comic, tragic, often sexy, and always revealing results. This week, a 25-year-old finance professional who makes out with a friend’s girlfriend on one of her many wild nights: 25, straight, single, UES. DAY ONE 5:45 a.m. I wake […]

Can America Share Its Superpower Status? – The National Interest Online (blog)

The United States is in long-term relative decline. In absolute terms, the America of the future will be richer. But because other countries like China and India, and other regions like Africa, are growing more rapidly, America’s share of global wealth will decline. So will America’s share of global military power, which, in the industrial […]