Growing tension between the US and North Korea boosted the Swiss franc, the Japanese yen, gold and government bonds as investors sought out traditional safe havens at a time of geopolitical uncertainty.
The British foreign secretary, Boris Johnson, joked on his visit to New Zealand on Monday that a traditional Māori greeting could be misinterpreted as a head butt in other countries.
‘Great Wad of China”, “Great Walk of China”, “Chinese Takeaway” “Forbidden City!” (for a story about Kasper Schmeichel not leaving Leicester), “China Crisis!” “There is no China Crisis!” A genre of UK headlines could soon become redundant after the latest intervention by the Beijing government in its flagship football competition, the Chinese Super League, came into force.
South Korea’s president, Moon Jae-in, has suggested North Korea could be part of a bid to co-host the 2030 World Cup. In a meeting with the Fifa president, Gianni Infantino, Moon said that several countries in north-east Asia – including the isolated North Korea – could form a bloc to share hosting duties for the tournament.
Beijing has signalled plans to curb Chinese firms’ investment in foreign assets, after revealing that companies from China are on course to spend 1.12 trillion yuan (£130bn) on everything from British football clubs to a Hollywood film producer in 2016.
Long-awaited Chinese-Hollywood epic The Great Wall has finally hit screens in China, testing the water for a new period in US-China film cooperation.