Equities closed higher on Wall Street and the dollar firmed as risk aversion took a backseat ahead of Tuesday’s Asia trading. Major indexes stateside closed the Monday session significantly higher as investors looked past geopolitical tensions that had clouded markets for most of last week. The Dow Jones industrial average gained 0.62 percent, or 135.39 […]

U.S. President Donald Trump’s order to his top trade adviser to investigate supposedly unfair Chinese trade practices will “poison” relations between the two countries, a Chinese state-run newspaper said on Monday. Trump will later on Monday issue the order to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to […]

North Korea still does not appear to have mastered missile re-entry technology and will take at least one or two more years to do so, although its ability to miniaturize a nuclear warhead is advancing quickly, South Korea’s vice defense minister said. Concern that North Korea is close to achieving its goal of putting the […]

Artificial intelligence has no shortage of critics — from visionaries like Elon Musk, who once compared A.I. to “summoning the demon” in a horror film, to everyday workers who fear being replaced by machines. But A.I. and other new technologies could take off in countries with a shortage of young workers, according to Rob Subbaraman, […]

China should sue the U.S. for trade protectionism if President Donald Trump orders an investigation into China’s intellectual property practices, Chinese state media said in an unsigned editorial on Sunday. Trump is expected to issue the so-called Section 301 investigation under the 1974 Trade Act later on Monday to investigate Chinese trade practices that force […]

North Korea’s episodes of nuclear aggression are typically interpreted as demonstrations of force, but they may actually be generating funds for its cash-strapped economy. “For Pyongyang, it pays to provoke,” Sung-Yoon Lee, a Korean Studies professor at Tufts University, told CNBC on Monday. “Whereas good behavior buys only indifference from its richer neighbors, being a […]

Australian Deputy Prime Minister Barnaby Joyce said on Monday he may not be eligible forparliament after being told he may be a dual citizen of Australia and New Zealand, potentially posing a threat to the conservative government’s hold on power. Australian politicians are not eligible to be elected to parliament if they hold dual or […]

China is set to report industrial production for the month of July on Monday at 10 a.m. SIN/HK as market watchers keep their eyes on the health of the the world’s second-largest economy. Analysts were expecting a rise of 7.2 percent against a 7.6 percent expansion in June for the country’s value-added industrial output. China […]

Japan’s economy expanded at an annualized rate of 4.0 percent in April-June, posting a sixth straight quarter of expansion led by private consumption and capital expenditure, government data showed on Monday. That marked the fastest pace of growth since January-March 2015. The preliminary reading for second-quarter gross domestic product (GDP) compared with a median estimate […]

The greenback began the week on the back foot after a disappointment in U.S. July consumer price index numbers Friday as investors in Asia geared up for the release of a barrage of China data on Monday. July U.S. consumer prices were weaker than expected, rising just 0.1 percent compared to the month before, Reuters […]