Asian markets were mixed on Tuesday, with Japan’s benchmark the only index edging higher in the morning. Japan’s Nikkei 225 gained 0.54 percent and the broader Topix edged up by 0.4 percent. Technology names traded higher in the morning, as did steelmakers, while the mining and oil sectors declined. Elsewhere, South Korea’s benchmark Kospi was […]

Thousands of Hong Kong citizens held candles and paused for a moment’s silence Monday night to mark the suppression of pro-democracy protests in Beijing‘s Tiananmen Square in 1989. The annual ceremony marked 29 years since Chinese authorities used tanks and soldiers to clear the square that had been occupied for weeks by students and workers. […]

The Trump administration may soon claim as much as $1.7 billion penalty from ZTE Corp., as it looks to punish and tighten control over the Chinese telecommunications company before allowing it back into business, according to people familiar with the matter. The Commerce Department is also seeking unfettered site visits to verify U.S. components are […]

Russian President Vladimir Putin invited North Korean leader Kim Jong Un to travel to Russia in September, RIA news agency reported on Monday, citing Ivan Melnikov, a deputy speaker of the lower house of parliament. Russian Foreign Minister Sergei Lavrov, who visited Pyongyang last week, passed the North Korean leader an invitation from Putin to […]

Rising fuel costs and the threat of a trade war will not affect Cathay Pacific’s plan to turn in a profit in 2019, Chief Executive Rupert Hogg said on Monday as the airline seeks to recover from two straight years of losses. The flag carrier of Hong Kong is currently in the midst of a […]

The hot-and-cold relationship between the world’s two largest economies could potentially take a turn for the worse on June 12. Not because of the anticipated U.S.-North Korea summit scheduled for that day, but due to a new office building in Taiwan. The American Institute in Taiwan, a non-profit that operates as the de-facto U.S. embassy […]

North Korea’s top three military officials have been removed from their posts, a senior U.S. official said on Sunday, as U.S. President Donald Trump and North Korean leader Kim Jong Un prepare to meet on June 12 in Singapore. The U.S. official, who spoke on condition of anonymity, was commenting on a report by South […]

Hong Kong has long dreamed of combining its financial and trade punch with research muscle to develop high-tech ideas that spur jobs and growth. In reality, the global trade emporium has mostly watched as the nearby mainland Chinese city of Shenzhen soared ahead, hosting tech giants Huawei, Tencent and ZTE. Panic bells have been ringing […]

Asian stocks looked set to open higher on the first trading day of the week after U.S. markets notched Friday gains on an expectation-topping U.S. jobs report. Nikkei futures traded in Chicago were up by 0.81 percent compared to the benchmark’s Friday close. Australian SPI futures also tracked higher, up 0.57 percent at the end […]

Families carrying out terror acts are a worrying new trend in Southeast Asia, regional defense ministers warned this weekend. Referring to multiple bombings in the Indonesian city of Surabaya last month that involved three families, including kids, the government officials expressed a strong urgency to prevent parents from radicalizing children. “The advent of family terrorism,” […]