Banks to return 11.4 billion euro of crisis loans to ECB next week
Banks will return 11.401 billion euros ($15.78 billion) in crisis loans to the European Central Bank next week, more than six times than the amount that was expected, accelerating the drain of extra cash out of the euro zone financial system.
China says expels Philippine from disputed shoal
China said on Monday that coast guard ships had driven away two Philippine vessels which had tried to approach a shoal in the South China Sea in the latest flare-up of a long-running territorial dispute.
U.S. admiral assures Philippines of help in disputed sea
The United States will come to the aid of the Philippines in the event of conflict with China over disputed waters in the South China Sea, the commander of the U.S. Navy said on Thursday.
Japan aims to register 280 remote islands as national assets
Japan is set to clarify the ownership of 280 remote islands in its territorial waters and register them as national assets, a move that could rile China and South Korea, which are engaged in territorial disputes with Tokyo.
China says Japan PM 'shuts door' on talks with war shrine visit
China said on Monday that its leaders will not meet Japanese Prime Minister Shinzo Abe after his visit to a shrine seen by critics as a symbol of Tokyo's wartime aggression, underscoring the deteriorating ties between Asia's two biggest economies.
U.S. offers help to South East Asia, most to Vietnam, to patrol seas
The United States on Monday offered $32.5 million in assistance to Southeast Asian nations, more than half to Vietnam, to boost maritime security, which comes as tension grows with China over rival claims in the South China Sea.
Asian nations call for freedom of air, seas as U.S.-China maritime near-collision revealed
Japan and Southeast Asian countries called for freedom of the air and sea on Saturday, as China's military assertiveness raises regional tensions and after U.S. and Chinese warships narrowly avoided collision in the disputed South China Sea.
Japan, S.Korean military planes defy China's new defense zone
Japanese and South Korean military aircraft flew through disputed air space over the East China Sea without informing China, officials said on Thursday, challenging a new Chinese air defense zone that has increased regional tensions and sparked concerns of an unintended clash.
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