China lashed out on Wednesday at renewed threats from the White House on trade, warning that it was ready to fight back if Washington was looking for a trade war, days ahead of a planned visit by U.S. Commerce Secretary Wilbur Ross. In an unexpected change in tone, the United States said on Tuesday that […]

Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin met over the weekend in Russia to discuss disputed Pacific islands and potential economic cooperation. It was the two leaders’ 21st meeting, but Russia-Japan discussions remain gridlocked, and there is little confidence that upcoming meetings could improve the situation, according to one expert. “From what […]

President Donald Trump is the wildcard when it comes to the potential summit between him and North Korean leader Kim Jong Un, according to a geopolitics expert. “It is not clear what the calculus is with (Trump),” Lanhee Chen, a research fellow at Stanford’s Hoover Institution, told CNBC’s “Squawk Box” on Tuesday. “We know that […]

Mexico will “never” pay for a wall that separates its border from the United States, Mexican President Enrique Pena Nieto said Tuesday. The North American country won’t ever finance such a project, Nieto said in a tweet addressed to President Donald Trump. Nieto tweet: President @realDonaldTrump: NO. Mexico will NEVER pay for a wall. Not […]

Hyatt Hotels will more than double its revenue from China over the next five years as the hotel chain seeks to gain a firmer foothold in the burgeoning hospitality market, the company’s president and CEO said. “If I look over the next four, five years, we will fully double our presence here moving from the […]

Chinese conglomerate HNA Group’s Hong Kong Airlines is considering an initial public offering in the “short to medium term” and tapping investors to raise funds through the issue of new shares and convertible bonds, a document reviewed by Reuters shows. Ahead of the planned listing, HNA is seeking to raise about $350 million by selling […]

Chinese state media criticized a U.S. announcement that it would press ahead with restrictions on investment by Chinese companies, saying on Wednesday that Beijing was ready to fight back if Washington was looking to reignite a trade war. The United States said on Tuesday it still held the threat of imposing tariffs on $50 billion […]

Asian markets looked set to decline on Wednesday, with a sell-off in U.S. and European markets expected to weigh on sentiment during the Asian trading session. Futures tipped a lower open on Wednesday for both Japan and Australia. Nikkei futures traded in Chicago were down 1.49 percent compared to the benchmark’s Monday close and Australian […]

The White House on Tuesday said that President Donald Trump’s summit with North Korean leader Kim Jong Un is still “expected” to happen in Singapore – just five days after Trump stunned the world by canceling it. “The United States continues to actively prepare for President Trump’s expected summit with leader Kim in Singapore,” White […]

Alibaba on Tuesday said it has led a consortium of investors to buy about 10 percent of Chinese courier ZTO Express (Cayman) for $1.38 billion, as part of the e-commerce firm’s push into offline services. The consortium includes Alibaba’s majority-owned logistics affiliate Cainiao Smart Logistics Network, Alibaba, and ZTO said in a joint statement without […]