Chinese regulators have approved Qualcomm‘s proposed US$44 billion merger with NXP Semiconductors, South China Morning Post reported on Thursday, citing people with knowledge of the matter. The decision by China’s Ministry of Commerce clears a months-long antitrust roadblock caused by trade tensions between the United States and Beijing and will allow the takeover to proceed, […]

The photos from the Singapore summit were meant to impress, but the substance was thin indeed — for a vague pledge to work towards complete denuclearization of the Korean Peninsula our president gave up U.S.-South Korean joint military exercises in a surprise move that whacked both South Korea and Japan. Maybe it will all work […]

China’s government renewed its threat Thursday to scrap deals with Washington aimed at defusing a sprawling trade dispute as the White House prepared to release a list of Chinese goods targeted for tariff hikes. U.S. President Donald Trump has threatened to raise tariffs on up to $150 billion of Chinese goods in response to complaints […]

American, South Korean and Japanese officials strove to present a unified stance Thursday in an effort to quell concerns about Washington’s military commitment to Asia. Earlier this week, President Donald Trump’s said that he would suspend U.S.-South Korean military drills and that he hoped to eventually remove American soldiers from that Asian country. That sent […]

Tuesday’s U.S.-North Korea summit was hailed as a diplomatic breakthrough, but it unleashed critical security concerns around Asia. By questioning America’s military presence in the region, President Donald Trump on Tuesday appeared to give his Asian allies the cold shoulder while delivering a huge win to Pyongyang and Beijing. At the conclusion of the U.S.-North […]

China’s industrial output grew 6.8 percent in May from a year earlier, missing expectations, while fixed-asset investment growth slowed to 6.1 percent in the first five months, well below forecasts, official data showed on Thursday. Analysts polled by Reuters had predicted industrial output growth would dip only slightly to 6.9 percent from 7.0 percent in […]

Australian employment rose by less-than-expected in May with gains led wholly by part-time work while the jobless rate ticked down to its lowest since November, a mixed outcome that points to tepid wages growth. Figures from the Australian Bureau of Statistics (ABS) released on Thursday showed the unemployment rate eased to 5.4 percent from 5.6 […]

Japan is working on arranging a meeting between Prime Minister Shinzo Abe and North Korean leader Kim Jong Un, with one possibility including the premier’s visit to Pyongyang around August, the Yomiuri newspaper reported on Thursday. Citing multiple government sources, the paper said officials from the two countries had been in contact several times in […]

Beijing is surely watching closely as a deadline for proposed American tariffs on China draws near, but any concern has been blunted by just how well the Chinese economy has been doing in recent months. The U.S. is due by Friday to release the final list of products subject to the 25 percent levies the […]

Asian markets declined early on Thursday after the Federal Reserve raised interest rates, a widely expected move, and indicated two more rate hikes were likely in 2018. The Nikkei 225 fell 0.73 percent, reversing the slight gains notched by the benchmark in the last session. Mining stocks fell more than 2 percent as most other […]