News

Asian shares charge higher after US stocks rally to records on hopes for interest rate cuts

Shares advanced Wednesday in Asia after the U.S. stock market rallied to records when data showed inflation across the United ...

China’s military says it ‘drove away’ US destroyer near Scarborough Shoal

It is the first known US military operation in at least six years within the shoal’s waters. Read more at straitstimes.com.

Asian shares rise, dollar defensive after mild inflation data

Stocks in Asia climbed and the U.S. dollar was subdued on Wednesday, as data showed both resilience in major economies and ...

Trump wanted manufacturers to diversify away from China. Now many that heeded that call face stiff new tariffs

South and Southeast Asian countries are caught in the crossfire of Trump’s trade war and are now facing some of the highest tariffs in the world ...

Unwed mom’s childcare subsidy rejection sparks debate in China

The subsidy is for childbirth and not marriage, some argue. Read more at straitstimes.com. Read more at straitstimes.com.

China Creates World’s No. 1 Shipbuilder, Driven by Rivalry With U.S.

In a $16 billion merger, Beijing is looking to counter President Trump’s moves to rebuild American shipyards.

US and China agree to critical extension, preventing tariff surge on the world’s two largest economies

The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge, ...

Asian shares advance ahead of Trump's deadline for imposing higher tariffs on Chinese goods

Shares are higher in Asia a day ahead of U.S. President Donald Trump's deadline for imposing higher tariffs on goods imported ...

China’s fight against price wars is an uphill battle

Overcapacity has made its way into China’s domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has responded by launching a so-called ...