A ban on travel by U.S. passport holders to North Korea will take effect on Sept. 1 and Americans in the country should leave before that date, the U.S. State Department said on Wednesday. Journalists and humanitarian workers may apply for exceptions to the ban, the department said in a public notice. The U.S. government […]

China’s insurance regulator said on Thursday it had no plans to ask insurer Anbang to sell overseas assets. A spokesman for the China Insurance Regulatory Commission made the comments at a media briefing in Beijing. Source: cnbc china Chinese regulator has no plans to ask Anbang to sell overseas assets

China’s services sector expanded at a slightly slower pace in July as new business growth eased, a private business survey showed on Thursday, pointing to potential softening in a key part of the world’s second-largest economy. The findings were in line with an official gauge of the non-manufacturing sector published on Monday which also showed […]

Federal prosecutors subpoenaed a property developer owned by Jared Kushner’s family, the Wall Street Journal reported on Wednesday. The matter concerns Kushner Companies‘ use of the EB-5 federal visa program — a scheme that grants green cards to immigrants who invest $500,000 in certain U.S. businesses that are slated to create 10 jobs per investor. […]

President Donald Trump’s doubts about the war in Afghanistan has led to a delay in completing a new U.S. strategy in South Asia, skepticism that included a suggestion that the U.S. military commander in the region be fired, U.S. officials said on Wednesday. During a July 19 meeting in the White House Situation Room, Trump […]

The same laws used to dismiss Pakistan’s former Prime Minister Nawaz Sharif could effectively be applied to other lawmakers, spelling potential political upheaval and a stronger military — unsavory scenarios for the nuclear power’s fragile democracy. Last Friday, the Supreme Court dismissed the 67 year-old on a failure to announce income in disclosure papers for […]

The Dow closed above the 22,000 level and the dollar dropped to its lowest levels in more than two-and-a-half years against the euro ahead of Asia’s Thursday market open. The Dow Jones industrial average rose 0.24 percent to close at a record 22,016.24, breaching the 22,000 level just 107 trading days after the index cleared […]

President Donald Trump is expected to make a speech and sign a memorandum at the White House on Friday that will target China’s intellectual property and trade practices, senior White House officials told CNBC. Three top Democratic senators, in a rare show of bipartisanship, on Wednesday urged the president to stand up to Beijing. Senate […]

The Reserve Bank of India was widely expected to cut its main policy rate to the lowest in the more than six years on Wednesday to battle low inflation — a common sticking point for policymakers globally. A Reuters poll found that 40 out of 56 economists expected the RBI to cut its repo rate […]

Chinese peer-to-peer lending platform Dianrong said on Wednesday it raised $220 million from a group of investors led by Singapore sovereign wealth fund GIC, looking to step up research of new technology as it expands across China and explores ventures in other countries in the region. Other investors in the funding round included CMIG Leasing, […]