President Donald Trump will travel to Asia in November as he tries to curb North Korean aggression and potentially rework trade deals. The president will go to Japan, South Korea, China, Vietnam and the Philippines, as well as Hawaii, during the Nov. 3 to Nov. 14 trip, the White House said in a statement Friday. […]

Virtual currency enthusiasts could soon have a new way to trade their favorite digital tokens. A U.S.-based start-up, AirSwap, is trying to create a decentralized exchange where users can do peer-to-peer trading of virtual tokens. It plans to use smart contracts on the Ethereum blockchain to pair up buyers and sellers automatically, eliminating the need […]

Two of Japan’s key political opposition vehicles combined on Thursday in a bold attempt to win power from Prime Minister Shinzo Abe’s ruling Liberal Democratic Party at upcoming lower house elections. It’s a dramatic development for the world’s third-largest economy, where a lack of strong resistance has characterized Abe’s five-year reign. While many still believe […]

One year after the state of South Australia suffered a major blackout, construction has started on building the world’s biggest battery to help keep the lights on in Australia’s most wind-dependent state. Tesla won a bid in July to build a 129 megawatt hour battery and the state is counting on it to be ready […]

Unnecessarily trade restrictions will hamper growth at U.S. ports by weighing on the automotive industry, Jim Newsome, CEO of South Carolina Ports Authority, told CNBC on Friday. Ports in the southeastern U.S. are dependent on the automotive trade, which has “thrived from having free trade basically,” Newsome told CNBC’s “Squawk Box” on Friday. “The automotive […]

President Donald Trump’s administration has launched an internal probe into the use of private e-mail accounts on the White House server by senior aides, Politico reported late on Thursday, citing four officials familiar with the matter. Officials will be searching for emails related to government business, Politico said, citing the unnamed officials. Accounts will also […]

The White House urged the chairman of the Securities and Exchange Commission to put on hold the sale of the Chicago Stock Exchange to a Chinese-led group, the Wall Street Journal reported on Thursday, citing people familiar with the matter. SEC staff had wanted to approve the deal, but the new chairman, Jay Clayton, froze […]

Japan’s core consumer prices rose 0.7 percent in August from a year earlier, marking the eighth straight month of annual gains, in an encouraging sign for a central bank struggling to meet its 2 percent inflation target. The rise in the nationwide core consumer price index (CPI), which includes oil products but excludes volatile fresh […]

The greenback gave back some gains overnight while stocks climbed slightly as markets digested prospects for U.S. tax reform ahead of Asian trade on Friday. Markets in Asia also awaited a raft of data out of Japan later in the session. The dollar lost some steam on Thursday after surging on optimism following the release […]

South Korea expects more provocative acts by North Korea next month, to coincide with the anniversary of the founding of the North Korean communist party and China’s all-important Communist Party Congress. During a meeting with President Moon Jae-in on Thursday, national security adviser Chung Eui-yong said he expected Pyongyang to act around Oct. 10 and […]