China’s manufacturing activity accelerated more than expected in June, suggesting the world’s second-largest economy continues to confound expectations for a slowdown. The official manufacturing Purchasing Managers’ Index rose to 51.7 in June, accelerating from May’s 51.2 and beating a Reuters poll forecast for 51.0. Levels above 50 indicate expansion, while levels below signal contraction. In […]

DALIAN, China — Terrorists have used technology to their advantage, but now it’s time for the industry to band together to combat that, said David Scharia from the UN Security Council Counter-Terrorism Committee Executive Directorate. These days, terrorists use technology “from radicalization, to incitement, to recruitment, to training … even the perpetration of the attack […]

Japan’s industrial output fell 3.3 percent in May from the previous month due to lower production of cars and construction equipment, preliminary government data showed on Friday, in a sign of a temporary lull in manufacturing activity. The result compared with the median estimate of a 3.2 percent decline in a Reuters poll of economists. […]

Japan’s core consumer prices rose 0.4 percent in May from a year earlier, marking the fifth straight month of gains and offering the central bank some hope a strengthening economy will gradually lift inflation toward its ambitious 2 percent target. But recent declines in oil costs and stubbornly slow wage growth could cloud the outlook […]

Consumers in Britain have suffered a sharp loss of confidence in the face of rising inflation and weakening wage growth, a survey showed on Friday, three weeks after the country’s inconclusive national election. A monthly measure of consumer confidence published by market research firm GfK sank to -10, weaker than a median forecast of -7 […]

The Treasury unveiled new sanctions on Thursday in response to North Korea’s weapons program and its disregard for UN Security Council resolutions. Treasury Secretary Steven Mnuchin said in a statement that the department is “committed to protecting the U.S. financial system from North Korean abuse and maximizing pressure on the Government of North Korea until […]

Chinese President Xi Jinping touched down Thursday in the Special Autonomous Region of Hong Kong. Xi is there to mark 20 years on July 1 since the city’s handover from former colonial power the U.K., and was greeted by scores of children dutifully waving red Chinese flags.According to Lord Chris Patten, the last British governor […]

A clutch of next-generation leaders are helping chart the future of some of Asia’s wealthiest families and disproving the notion of millennials as the entitled generation. CNBC spoke to four such millennials as part of a panel discussion and found that while some are focused on sparking innovation in their legacy businesses, others weren’t averse […]

DALIAN, China — Despite many risks and challenges facing the world’s second-largest economy, views on China were largely optimistic at the World Economic Forum meeting here in Dalian. The positivity may have seemed incongruous with the perennial spate of doomsaying headlines, but the line held strong throughout “Summer Davos.” During the three-day gathering — named […]

As we race toward the fourth industrial revolution there will inevitably be tensions between public, private and individual interests. But these should be challenged, rather than shied away from, to minimize displacement, panelists at the World Economic Forum’s “Summer Davos” agreed on Thursday. “The tension between the private sector and the public sector and civil […]