White House aides, ripping Canada’s prime minister over trade disputes at the G-7 gathering, vowed not to let him paint President Donald Trump as weak before his nuclear summit. In reality, Trump weakened his own hand at both the G-7 and his sit-down with North Korean dictator Kim Jong Un. His conduct was unprecedented because […]

The agreement between President Donald Trump and North Korea’s Kim Jong Un in Singapore represents a “big day” for China, two former U.S. diplomats told CNBC on Tuesday. “China would love American troops to be gone from the Korean Peninsula,” Wendy Sherman, a former undersecretary of state for political affairs, said in a “Squawk Box” […]

Uber unveiled a smaller version of its ride-hailing app on Tuesday, in a bid to appeal to emerging market customers. The revamped app, called Uber Lite, takes up just 5 megabytes of storage, and has a 300-millisecond response time, according to the company, speeding up the process of booking rides. Uber Lite is currently only […]

U.S.-based firm Valve partnered with Chinese developer Perfect World to launch its popular online PC games store Steam in China. The company, known for popular titles like “Half-Life” and “Left 4 Dead,” announced Monday that it will establish a new company called Steam China to bring its games and other products to the world’s second-largest […]

The much anticipated agreement that was signed between President Donald Trump and North Korean leader Kim Jong Un Tuesday has drawn much hard-hitting criticism for not being sufficiently specific, especially on what denuclearization really means. A photo of the document, which Trump deemed “very comprehensive,” revealed that North Korea will work toward “complete denuclearization,” among […]

The potential opening up of North Korea’s economy following its peace overtures with the United States Tuesday could mean massive commercial opportunities, according to investment mogul Mark Mobius. Infrastructure and mining present the first points of interest for Mobius, the longtime executive chairman of Templeton Emerging Markets Group and founder of Mobius Capital Partners, who […]

President Donald Trump praised Kim Jong Un repeatedly following their nuclear summit Tuesday, a sharp reversal from when he publicly eviscerated the North Korean regime for human rights abuses last year. The U.S. president and North Korean dictator met in Singapore on Tuesday, signing a historic agreement committing to a process of “complete denuclearization.” The […]

The battle between China and the United States to be the world’s most powerful nation could be the century’s defining moment for financial markets, according to one strategist. Market players on Tuesday were digesting news of an accord between North Korea and the United States, which aims to work toward complete denuclearization and a lasting […]

China suggested on Tuesday that sanctions relief could be considered for North Korea, after U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula. China has signed up for increasingly tough U.N. sanctions against its isolated neighbor following Pyongyang’s repeated nuclear and missile tests, […]

For years, North Korean leader Kim Jong Un has been the subject of satirical cartoons and bad hair jokes. Now, the third generation leader of the reclusive state appears to have spruced up his international image in a matter of months as he takes leisurely strolls with world leaders and engages in bear hugs. He […]