A lookalike of the Washington Post website emerged in China, the Financial Times reported on Thursday. The website used the Washington Post masthead and distributed content not just from the Washington, D.C.-based newspaper, but also stories from the state news agency Xinhua, which were tagged as Washington Post copy, the report added. The website was […]

Sellers in Singapore have pulled counterfeit Lego sets featuring ISIS militants off their shelves, The Straits Times reported on Wednesday. The made-in-China toys were sold on and offline, and at local online marketplace Carousell, the newspaper reported. The sets were recommended for children between six and 12. Lego did not respond immediately to CNBC’s emailed […]

U.S. companies are concerned about the Trump administration’s shift to focus on bilateral trade deals, rather than multilateral ones, said Tara Joseph, president of the American Chamber of Commerce in Hong Kong. “Individual deals, bilateral deals could actually take a lot of time to complete,” she told CNBC’s “Squawk Box” on Thursday. President Donald Trump […]

China’s commerce ministry said on Thursday that its months-long crackdown on intellectual property rights violations was not a response to probes by other countries as it also vowed boost imports to balance trade flows. Protection of intellectual property rights is important to China, ministry spokesman Gao Feng told reporters at a regular briefing in Beijing. […]

New Delhi is expected to purchase two dozen unarmed drones from the United States to monitor growing Chinese activity in the Indian Ocean. President Donald Trump’s administration authorized the sale in June, with the price tag estimated at $3 billion, according to defense researcher Jane’s by IHS Markit. The U.S. approval was the first such […]

Hugh Hefner, the iconic founder of Playboy magazine, died at his home, the Playboy Mansion, of natural causes at age 91, Playboy Enterprises said in a statement on Wednesday. Playboy magazine was founded more than 60 years ago to create a niche upscale men’s magazine, combining images of nude women with in-depth articles, interviews and […]

U.S. equities advanced and the greenback rose following the unveiling of a long-awaited tax reform plan stateside ahead of Asian trade on Thursday. A highly-anticipated plan to reform taxes in the U.S. was released by Republicans on Wednesday. The framework proposed bringing the corporate tax rate to 20 percent from 35 percent and reducing the […]

A reversal of recent low volatility in markets, paired with a rethink by global investors on the attractiveness of stocks, could have “devastating” effects, according to Gina Sanchez, CEO of Chantico Global. Markets in the U.S. have ticked higher since the election of President Donald Trump, aided by promises of reforms, tax cuts and infrastructure […]

An upstart sports league in India is suddenly drawing comparisons with the NBA in the United States and the Premier League in the United Kingdom. And for good reason. Rupert Murdoch’s Star India this month paid $2.55 billion to buy the five-year global media rights of the Indian Premier league (IPL), an annual cricket tournament […]

North Korean government officials have been trying to arrange meetings with Republican-linked analysts in Washington to better understand President Donald Trump and his messages to the reclusive nation, the Washington Post reported on Tuesday. The outreach, which has been done quietly by Kim Jong Un‘s regime, started before the current war of words between the […]