Weekend developments in U.S.-China talks, regarded as positive by analysts on the whole, are likely to be in the spotlight as markets open for trade this week. U.S. Secretary Steven Mnuchin said on Sunday that the two countries were “putting the trade war on hold” as they worked out an agreement. The countries said they […]

The chairman of South Korea’s LG Group, Koo Bon-moo, instrumental to transforming the country’s fourth-largest conglomerate into a global brand, passed away on Sunday after a year-long battle with brain disease. LG Group said in a statement Koo, 73, had been ill for a year. A group official said Koo had been fighting a brain […]

South Korean President Moon Jae-in and U.S. President Donald Trump held discussions on Sunday to ensure that the North Korea-U.S. summit remains on track after North Korea threatened to pull out of the high-level talks. Moon and Trump spoke over the phone for about 20 minutes, and exchanged their views on North Korea’s recent reactions, […]

The Chinese air force has landed long-range bombers for the first time on an airport in the South China Sea, a state newspaper said Saturday, in a move likely to further fuel concerns about Beijing’s expansive claims over the disputed region. The China Daily newspaper reported that the People’s Liberation Army Air Force conducted takeoff […]

China’s push to open up its financial sector to foreign banks and financial institutions will be based on the principle of reciprocity and will not reward protectionism by other countries, an official said on Saturday. China wants to accelerate the process of opening up, but countries afraid of exposing their own financial sectors to competition […]

A training exercise involving U.S. B-52 bombers flying alongside South Korean warplanes was canceled following threats that Pyongyang would withdraw from a highly anticipated summit with President Donald Trump next month, The Wall Street Journal reported, citing U.S. officials. According to the report, the officials said South Korea had asked to not participate in an […]

Vietnam’s Ministry of Industry and Trade on Friday officially launched an investigation into the takeover of Uber Technologies’ Southeast Asia business by rival Grab, the ministry said. The investigation will take 180 days, with the possibility to be extended by up to 120 days, the ministry said in a statement. Source: cnbc china Vietnam trade […]

If you’re struggling to do business or just live under your country’s administration, a movement of philanthropists, academics and investors is working on a very sci-fi alternative. Nathalie Mezza-Garcia is a political scientist turned “seavangelesse” — her term for an evangelist in favor of living off the grid — and on the ocean. Mezza-Garcia spoke […]

As oil proves resilient around 2014 highs, experts warn that a sustained uptick in energy prices could upset market sentiment in Asia. Higher oil prices combined with rising U.S. interest rates could prove “a double whammy,” for the region, “adding about a trillion dollars a year to the import bill across Asia,” Richard Martin of […]

China has not offered to cut its trade surplus with the U.S. by $200 billion, contrary to reports, China’s Foreign Ministry said Friday. Ministry spokesman Lu Kang said that the claims were not true while speaking at a daily news briefing about the ongoing trade talks between the world’s two largest economies, according to Reuters. […]