Last year, Singaporean state-owned investor Temasek made a $75 million investment in the meat-alternative industry. That investment — in Impossible Foods, which makes vegetarian burger patties taste and “bleed” like beef — is just one part of the closely watched investor’s reportedly growing focus on food and agriculture. The California-based start-up counts not only the […]

China on Monday posted second-quarter GDP growth of 6.7 percent from a year ago, slightly lower than 6.8 percent in the first quarter of 2018 as Beijing has been cracking down on risky credit amid escalating trade tensions with the U.S. The official reading was in line with expectations from analysts polled by Reuters. The […]

Asian stocks were set for a slightly softer open on Monday after major markets in the region posted gains last week amid a perceived easing in rhetoric in the U.S.-China trade dispute. Investors also awaited the release of a barrage of China economic data due later in the day. Australian SPI futures were lower by […]

Add India to the list of countries that are growing frustrated with the U.S. administration’s trade policy. On Thursday, a group of top executives and government officials from India met in Washington with U.S. trade representatives and others at the Annual Leadership Summit of the U.S.-India Strategic and Partnership Forum (USISPF). Many expressed their concern […]

One month since the U.S-North Korea summit, skepticism about Kim Jong Un’s commitment to denuclearization still hangs over Washington. But in South Korea, the mood is overwhelmingly optimistic as President Moon Jae-in’s government pushes for improved ties with its nuclear-armed neighbor. From sports diplomacy to corporate ventures, Seoul is pulling out all the stops to […]

Russian President Vladimir Putin and U.S. President Donald Trump are sure to discuss North Korea at next week’s bilateral summit as the American leader looks to tap Moscow’s strategic leverage over the isolated state. The controversial heads of state are due to meet in Helsinki on Monday, with arms control, Ukraine, Syria and Iran likely […]

The proposed U.S. tariffs on an additional $200 billion in Chinese goods would hit the world’s second-largest economy more severely than the previous custom duties did, according to the chief executive of Southeast Asia’s largest bank. That’s because the latest list of targeted Chinese goods includes a greater number of finished products, which can be […]

China reported Friday that its June imports rose 14.1 percent in dollar-denominated terms, falling far short of a 20.8 percent increase expected by analysts. China’s exports, meanwhile, slightly topped expectations by rising 11.3 percent in June, according to data from the country’s General Administration of Customs showed on Friday. Overall, China ran a $41.61 billion […]

China on Friday reported that both its imports and exports with the U.S. rose in the first half of 2018. Exports to the world’s largest economy rose 5.7 percent against the prior year-ago period in yuan terms, China’s customs office said. Imports from the U.S., meanwhile, correspondingly rose 4 percent. More information on the trade […]

Asian shares extended gains on Friday after Wall Street rebounded as technology stocks there touched all-time highs. There was also some relief coming from the lack of escalation in trade tensions between the U.S. and China. Japan’s Nikkei 225 jumped 1.35 percent as stocks extended Thursday’s gains. Electric appliances led gains in the morning, up […]