Wall Street declined as the war of words between North Korea and the U.S. escalated ahead of Asian trade on Tuesday. Geopolitical tensions came to the fore again overnight after North Korea’s foreign minister said U.S. President Donald Trump had declared war. Foreign Minister Ri Yong Ho said that meant the North could target and […]

China on Monday called for all sides in the North Korea missile crisis to show restraint and not “add oil to the flames” amid an exchange of increasingly bellicose rhetoric between U.S. President Donald Trump and North Korean leader Kim Jong Un. North Korean Foreign Minister Ri Yong Ho told the U.N. General Assembly on […]

Japanese Prime Minister Shinzo Abe on Monday ordered his cabinet to compile new economic stimulus measures in a package worth around 2 trillion yen ($17.80 billion) by the end of the year. Speaking at a meeting with his top advisory panel, Abe said the package should focus on subsidising education, child-care costs, and on boosting […]

Japanese Prime Minister Shinzo Abe plans to dissolve the lower house of parliament at the start of the extraordinary session on Thursday, a senior lawmaker of the Liberal Democratic Party said, paving the way for a snap election for the lower house. The extraordinary session of parliament is set to start on Thursday. Abe told […]

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy. These bonds were issued by Chinese local government financing vehicles (LGFVs), which were created by local authorities to […]

The future of New Zealand’s next government lies in the hands of an opposition leader who has been likened to President Donald Trump. An inconclusive general election on Saturday saw neither of the two leading parties win an outright majority, which means the South Pacific nation is headed for a coalition government. The final vote […]

Macau gaming company Dragon Corp. is looking to raise half a billion dollars through an initial coin offering (ICO), in an effort to integrate blockchain technology into the world’s largest gambling market. The tokens issued in the ICO would be utilized by VIP junket operators, which are middlemen who act as facilitators for the multi-billion […]

France’s Schneider Electric’s recent acquisition of the U.K.’s Aveva Group will play to the strengths of both companies, said Schneider’s CEO and chairman, Jean-Pascal Tricoire. “The sense of this transaction, the reason why we do it, is related to the wider environment of smart manufacturing, so the combination of connected shop floors going into a […]

President Donald Trump’s son-in-law and senior adviser, Jared Kushner, used a personal email account to communicate with White House colleagues, Kushner’s attorney confirmed Sunday. Kushner’s lawyer, Abbe Lowell, said that Kushner sent or returned fewer than 100 emails to colleagues in the White House from that account in the first eight months of the Trump […]

President Donald Trump on Sunday slapped new travel restrictions on citizens from North Korea, Venezuela and Chad, expanding the list of countries covered by his original travel bans that have been derided by critics and challenged in court. Iran, Libya, Syria, Yemen and Somalia were left on the list of affected countries in a new […]