Cooper Financial News
07.09 / 15:09
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Biden aims to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to China
President Joe Biden hopes to demonstrate to the world at the upcoming Group of 20 summit in India and during a visit to Vietnam that the United States and like-minded allies can be more trustworthy partners than China on economic and security issues
07.09 / 14:47
MET
Cooper
Waters
country
Southeast Asians wary of new conflicts as big powers join ASEAN summit
U.S. Vice President Kamala Harris, Chinese Premier Li Qiang, and Russian Foreign Minister Sergei Lavrov joined the summit in the Indonesian capital led by the Association of Southeast Asian Nations (ASEAN), along with leaders of other partner countries. Tensions have accompanied the talks on issues from trade and technology, to China's increasing assertiveness in the South China Sea, the Myanmar junta's refusal to cooperate with ASEAN on a peace plan, the war in Ukraine, and suspicion that North Korea plans to supply weapons to Russia. Indonesia and other Southeast Asian countries have warned this week of «destructive» rivalries between major powers, a reference to U.S.-China tensions that they say puts them in danger. «We all have a responsibility to not create new conflict, new tension, new war and at the same time we also have a responsibility to reduce tensions,» Widodo, as chair of the 10-member ASEAN bloc this year, said at the beginning of the East Asia Summit. Cooperation and multilateralism risked being replaced by «the rule of the strong». «The world will be destroyed if conflicts and tensions in one place are taken to another place,» he said in closing the summit. On Wednesday, China's Li warned against starting a «new Cold War» and warned countries against taking sides in any conflict. Harris, attending in place of President Joe Biden, reiterated her country's «enduring commitment» to Southeast Asia and the Indo-Pacific. A White House official said earlier the U.S.
07.09 / 13:53
07.09 / 13:31
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Progressive
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Cooperation
'21st Century Is Ours…’; PM Modi Unveils 12 Point Plan To Strengthen India - ASEAN Cooperation
Prime Minister Narendra Modi is in Jakarta to atte... morePrime Minister Narendra Modi is in Jakarta to attend the ASEAN-India Summit.
07.09 / 12:04
COST
Citi
Cooper
country
Chinese Premier Li Qianq takes a test ride on Indonesia's new high-speed railway
Chinese Premier Li Qiang has taken a test ride on Southeast Asia’s first high-speed railway, which connects two Indonesian cities as part of China’s Belt and Road infrastructure initiative
07.09 / 12:03
07.09 / 12:03
COST
Cooper
Aviat
Waters
Manufacturing
Action
What is green hydrogen and why is it touted as a clean fuel?
Green hydrogen is being touted around the world as a clean energy solution to take the carbon out of high-emitting sectors like transport and industrial manufacturing
07.09 / 11:21
Cooper
Extreme
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Remark
country
voice
Cooperation
PM Modi calls for rules-based global order to strengthen Asean-India cooperation
COVID-19 pandemic. His remarks come amidst growing concerns over China's assertive actions in territorial disputes, which were highlighted by Beijing's release of a controversial map claiming territories of other nations as part of China. India, Japan, Indonesia, Malaysia, the Philippines, Vietnam and Taiwan have protested against the Chinese map.
07.09 / 10:25
UPS
Cooper
country
Cooperation
Modi proposes 12-point cooperation plan with ASEAN countries
maritime safety and security as well as disaster management was another key focus of the Prime Minister’s proposal. India also invited ASEAN nations to join the India-led Coalition for Disaster Resilience Infrastructure.
07.09 / 09:41
07.09 / 09:29
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ASEAN-India Summit: PM Modi concludes visit to Indonesia, forges stronger partnerships with ASEAN and EAS partners
leadership in the G20 and extended their best wishes. They also congratulated India on the successful Chandrayaan-3 mission. Kumar mentioned that PM Modi engaged in comprehensive discussions, covering various areas such as connectivity, maritime cooperation, digital transformation, trade and the economy, environment, health, and traditional medicine.
07.09 / 08:53
Cooper
country
China says 90 countries have confirmed attendance for Belt and Road Initiative
China said on Thursday that 90 countries have confirmed attendance for its Belt and Road Initiative conference being held in October, The third Belt and Road Forum for International Cooperation (BRF) will be held in Beijing in October, the foreign ministry has previously said, with 2023 marking the 10th anniversary of the Belt and Road Initiative (BRI). Several foreign leaders are expected to attend, including Serbian President Aleksandar Vucic and Argentine President Alberto Fernandez, state media reported. Russian President Vladimir Putin also has a scheduled visit to China in October when the country hosts the One Belt One Road forum, Putin's aide Yuri Ushakov said recently, according to Russia's state news agency TASS. «We have received an invitation and plan to go to China,» Ushakov said, according to a report from the Global Times. China's foreign ministry said the country has signed Belt and Road cooperation documents with more than 150 countries and over 30 international organizations, according to Xinhua. «Over the past decade, Belt and Road cooperation has achieved fruitful outcomes,» Chinese foreign ministry spokesperson Wang Wenbin recently said at a press conference, adding that it has established more than 3,000 cooperation projects and galvanized nearly $1 trillion of investment, state media reported. Critics see the ambitious Belt and Road initiative — billed as recreating the ancient Silk Road to boost global trade infrastructure — as a tool for President Xi Jinping's China to spread its geopolitical and economic influence. Debate in the West over economic dependence on China has cast a shadow over longer-term trade and investment relations with Beijing.
07.09 / 08:53
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What are the timings and restrictions for Delhi Metro during G20 from Sept 8 to Sept 10?
Delhi Metro train services will kick off early, starting from 4 am at terminal stations across all lines. As per a TOI report, this extended schedule is set to be in effect for three days, from September 8 to September 10. During this period, trains will operate with a 30-minute frequency on all lines until 6 am.
07.09 / 07:51
Cooper
Continental
country
Grant
G20 agrees to grant permanent membership to African Union: Report
G20 Summit, the member nations of the group have agreed to grant permanent membership to the African Union, a continental body of 55 member states, Bloomberg agency news reported. With this, the African Union has earned the same status as the European Union. Prime Minister Narendra Modi had written a letter to the G20 nations in which he proposed that the African Union be given full, permanent membership of the bloc at the upcoming summit in New Delhi.
07.09 / 07:43
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PM Modi leaves for home after wrapping up fruitful Jakarta visit to attend ASEAN-India, East Asia summits
Modi left for home on Thursday after wrapping up a short but fruitful and productive visit to Indonesia to attend the ASEAN-India and East Asia summits during which he reaffirmed India's strong ties with the countries in the strategically key region. The prime minister arrived in the Indonesian capital, Jakarta, in the morning. «PM @narendramodi concludes his visit to Indonesia, forging stronger partnerships with ASEAN and EAS partners,» the Ministry of External Affairs posted on X. «Had a very short but fruitful Indonesia visit, where I met ASEAN and other leaders.
07.09 / 03:13
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Cold War
China warns against 'new Cold War' at ASEAN summit
Li Qiang said on Wednesday it is important to avoid a «new Cold War» when dealing with conflicts between countries as world leaders gathered in Indonesia amid sharpening geopolitical rivalries across the Indo-Pacific region. Speaking at an annual summit involving members of the Association of Southeast Asian Nations (ASEAN) and China, Japan and South Korea, Li said countries needed to «appropriately handle differences and disputes». «At present, it is very important to oppose taking sides, bloc confrontation and a new Cold War,» Li told the meeting. ASEAN, which has warned of the danger of getting dragged into major powers' disputes, is also holding wider talks with Li, U.S. Vice President Kamala Harris and leaders of partner countries including Japan, South Korea, Australia and India. Neither U.S.
07.09 / 03:13
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Fortress
Updates
G20 Summit 2023 Delhi LIVE Updates: Fighter jets, drones turn India into a fortress
Check all the latest updates on the G20 Summit 2023 at Mint's LIVE blog:Delhi Police has clarified that the entire city is opened during the G20 Summit only a few parts would remain closed. The police said, "It is once again reiterated that restrictons are only imposed in a smal portion of the NDMC area".A Delhi Police officer has sketched caricatures of 30 delegates who will be coming to India as part of the G20 Summit on September 9-10.This includes a total of 30 caricatures of 19 Heads of State, two European Union leaders, and nine other invitees who are expected to attend the gala event here in the national capital.Delhi Assistant Commissioner of Police (ACP) Rajendra Kalkal has made the caricatures and placed them at his office in the police headquarters building for display.The India Meteorological Department (IMD) has installed an additional automatic weather station near Pragati Maidan -- the G20 Summit venue -- to provide specialised and real-time weather forecasts in view of the high-level event.IMD's round-the-clock weather monitoring for the summit will begin on Thursday morning.The Delhi Police authorities have geared up to ensure round-the-clock security arrangements in the national capital during the G20 summit scheduled to be held on September 9 and 10.US President Joe Biden and Prime Minister Narendra Modi are expected to hold a discussion on the agenda of G20, particularly the economic cooperation and multilateral investment opportunities, that stand before it and can be on the American leader's strong desire to see multilateral development bank reform and reshaping, a White House official said.
07.09 / 02:57
Target
Cooper
PayPal
Action
Haynes
PayPal targeted by ASIC for contract clause letting it keep wrong fees
The corporate regulator alleges a contract clause that allows PayPal to keep any fees wrongfully charged to customers if the payments provider’s errors are not identified within two months is unfair.
06.09 / 23:04
Reuters
Digital
Cooper
PayPal
country
Australian
Australian regulator sues PayPal unit over unfair term in small business contracts
(Reuters) — Australia's securities regulator said on Thursday it will take PayPal (NASDAQ:PYPL)'s local arm to court alleging that the digital payments giant's standard contracts with small business customers contain an unfair term that could overlook errors in overcharging, burdening its clientele.
06.09 / 20:51
UPS
Cooper
Action
DAL
country
No customs duty on Masur from US
customs duty on US-origin masur a day before the arrival of US President Joe Biden for the G20 summit. The government has also made it mandatory for local stocks of masur to be reported weekly to quell attempts at cartelisation and manipulation aimed at restricting supplies. India had announced it would remove retaliatory duties on certain US products, including masur, during Prime Minister Narendra Modi’s visit to the US in June. Customs duty of 22% on masur of US origin was made zero effective September 6.
06.09 / 18:25
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FIVE
MAIL
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Aware
BJP's Pralhad Joshi's response to Sonia Gandhi, says you are trying to politicise…
Narendra Modi over not sharing its agenda for the upcoming special Parliament Session beginning September 18-22, Union Parliamentary Affairs Minister Pralhad Joshi' said that the Opposition is unnecessarily politicising the issue, adding that it will inform the public what is going to happen during the session. The Centre has called for a special session of Parliament for five days between September 18 and 22.
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