Bank of Japan Governor Haruhiko Kuroda said on Monday that economic growth is gathering momentum and increasing the chances of inflation hitting his 2 percent target, reinforcing market expectations that no additional stimulus is forthcoming. Kuroda said the central bank was closely watching the economic effects of prolonged ultra-easy policy, particularly the damage it could […]
Read morePresident Donald Trump, charging “Japan has been winning” on trade in recent decades, said he would push for more reciprocal trade with Washington’s close U.S. ally — but in a friendly way. Trump was speaking in Tokyo on the second day of a 12-day Asian trip expected to be dominated by North Korea and trade. […]
Read moreMajor Asian indexes searched for direction on Monday as investors digested earnings reports and President Donald Trump’s tour of the region got underway. U.S. stocks had closed higher on Friday despite a mixed jobs report for October as markets focused on strong earnings. Japan’s Nikkei 225 rose 0.3 percent early in the session as markets […]
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Here's what you can expect to get on United's 18-hour flight to Singapore from LA (or San Francisco)
Just over a week ago, United Airlines set a new distance record among U.S. airlines flying to or from the U.S., by launching nonstop service between Los Angeles International and Singapore. Aircraft flying west often face headwinds, which makes the 8,700-mile trip to Singapore’s Changi Airport clock in at a whopping 17 hours and 55 […]
Read moreIt can be hard to keep up with the headlines flying out of Saudi Arabia. Several members of the royal family and important Saudi businessmen were suddenly and unexpectedly arrested in a broad roundup over the weekend. And the president of the United States is dashing off late-night tweets, trying to get the Kingdom to […]
Read moreThe death toll rose to at least 27 on Sunday from the typhoon that pummeled central and southern Vietnam just days before the region is due to host the APEC summit of Asia-Pacific leaders. Typhoon Damrey, the 12th major storm to hit Vietnam this year, made landfall on Saturday with winds of up to 90 […]
Read moreChina is calling for constructive dialogue and negotiations ahead of the President Donald Trump’s visit to Beijing next week as the world’s second-largest economy balances practical diplomacy with its own growing assertiveness. Chinese Foreign Ministry spokeswoman Hua Chunying demonstrated that balancing act when she addressed a question about the trade relationship with the U.S. on […]
Read moreChina and Vietnam have reached an agreement on managing their dispute in the South China Sea through friendly talks, a senior Chinese diplomat said on Friday, following an ugly spat over the summer between the two communist neighbors. The countries have long been at loggerheads over the strategic waterway, through which more than $3 trillion […]
Read moreSingaporean prosecutors and police are looking at Goldman Sachs Group’s relationship with the Malaysian state investment fund 1MDB, Bloomberg reported, citing people familiar with the matter. Singapore’s economic crime unit and city prosecutors have interviewed current and former Goldman Sachs executives who worked on bond offerings from 1Malaysia Development Bhd, Bloomberg reported. 1MDB, founded by […]
Read moreThousands of Apple users around the world lined up to get their hands on the new iPhone X that became available in major markets on Friday. The iPhone X, Apple’s 10th anniversary offering, is loaded with plenty of high-end hardware and new features, including Face ID that unlocks the phone when users look at it. […]
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