Futures tipped a lower open for Asian stocks on Wednesday after U.S. stocks fizzled on the back of U.S. President Donald Trump’s remarks that he was “not satisfied” with the latest round of trade talks with China. Nikkei futures traded in Chicago were lower by 0.2 percent compared to the index’s last close. Australian SPI […]

High-level talks between North and South Korea will likely resume after May 25 following completion of joint U.S.-South Korea military drills, a South Korean government spokesman said on Tuesday. Yoon Young-chan, a spokesman for the South Korean presidency, was speaking to reporters in Washington following a White House meeting between U.S. President Donald Trump andSouth […]

President Donald Trump said Tuesday that there’s a substantial chance that his summit with North Korean leader Kim Jong Un “may not work out” for June. Trump made the remark while he met with Moon Jae-in, South Korea’s president, for pivotal discussions ahead of the American president’s planned meeting with the North Korean dictator. The […]

Facing charges of yielding to Chinese demands, President Donald Trump said Tuesday that his administration has not yet reached a deal with Beijing to save telecom company ZTE. The president contradicted a Wall Street Journal report indicating the Trump administration came to a tentative agreement with Beijing to revive the company currently sanctioned by the […]

As the U.S. and China continue hashing out trade negotiations, a new player has joined the fray: President Donald Trump‘s national security advisor, John Bolton. A National Security Council official told CNBC that it was only “natural” that Bolton be involved in recalibrating the U.S. trade relationship with China. “Rebalancing trade and investment relations are […]

Donald Trump’s approach to foreign relations has never been subtle. But the president’s recent declarations about leveling the trade playing field with China, premised on market competition, are more political than economic, the chief executive of Barings said Tuesday. “It’s definitely about voters now and that’s where you get the rhetoric,” Tom Finke, CEO and […]

The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel. The announcement following this week’s truce in a broader trade dispute between Beijing and Washington reflects the wide array of strains in the world’s biggest trading relationship. Importers of corrosion-resistant and cold-rolled […]

President Donald Trump’s administration is working on details of a deal with the Chinese, and may lift a ban on U.S. companies selling hardware and software to Chinese corporate ZTE if it works out, the Wall Street Journal reported late on Monday. In exchange for Trump’s removal of the ban, ZTE will make major changes […]

Australia’s far-right One Nation party said on Tuesday it will not support the government’s proposed corporate tax cut, all but ending Prime Minister Malcolm Turnbull’s hope for a policy victory ahead of a series of by-elections. Turnbull’s Liberal-National coalition government had proposed to reduce the corporate income tax rate by 5 percent to 25 percent […]

Next month’s milestone summit between North Korea’s Kim Jong Un and President Donald Trump has major implications for China, which has geopolitical and security interests at stake on the Korean Peninsula. “Lurking in the background as a potential spoiler or helper in this drama is Chinese leader Xi Jinping, who sees both opportunity and peril,” […]