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USA has paused a $14bn arms sale to Taiwan, amid significant pressure from China. The shipment was expected to include equipment vital to the island’s defence, but just a week after Trump visited Beijing for meetings with Xi, the deal has been put on hold. US said it was pausing the deal because it needed to preserve its stockpile for the war in Iran – but in the same message, it insisted it still had enough weapons. Hung Cao, the acting US navy secretary, said: “Right now we’re doing a pause in order to make sure we have the munitions...

April 15 (Reuters) - China has told Danish shipping group Maersk (MAERSKb.CO), opens new tab and Switzerland-based Mediterranean ​Shipping Company (MSC Shipping) to cease operating ports ‌on the Panama Canal, the Financial Times reported on Wednesday. In a meeting with China's state planner last month, ​Maersk and MSC Shipping were told to ​withdraw from the Balboa and Cristóbal ports ⁠immediately, the report said, citing two people ​familiar with the talks. Maersk and MSC were told not to "engage ​in illegal activities that harm the interests of Chinese companies, ‌and ⁠to uphold commercial ethics and international rules," the report said. Panama...