Asian stocks looked set to follow Wall Street higher on Thursday, with the small-cap Russell 2000 notching a record close as the yield on the U.S. 10-year Treasury stayed above 3 percent. Nikkei futures traded in Chicago were up 0.5 percent at 22,830 compared to the benchmark’s previous close. Australian SPI futures were 0.18 percent […]

President Donald Trump said Wednesday “we’ll have to see” if a planned summit with North Korean dictator Kim Jong Un will still take place, as Pyongyang threatens to pull out of the meeting. Speaking to reporters at the White House, the president stressed he would still insist on the isolated regime dismantling its nuclear program. […]

North Korea has a message for U.S. President Donald Trump ahead of next month’s summit: Don’t listen to your new hard-line national security adviser, John Bolton. After announcing early Wednesday that it was pulling out of high-level talks with Seoul because of a new round of U.S.-South Korean military exercises, the North took aim at […]

Chinese ride-hailing app Didi Chuxing has announced new safety measures for one of its carpooling services following the murder of a passenger. The digital taxi service said on Wednesday that it would hide the personal data and profile pictures of passengers and drivers on “Didi Hitch,” a ride-sharing facility that let passengers traveling in the […]

Former UN Secretary-General Ban Ki-Moon is worried about America’s image when it comes to establishing credibility in its upcoming talks with North Korea. President Donald Trump’s recent decision to withdraw from the Iranian Nuclear Deal does not set a good precedent for reliability and that will matter to North Korea President Kim Jong Un during […]

Trade in Chinese yuan-denominated crude oil futures has surged since President Donald Trump pulled the U.S. out of the Iran nuclear deal. Launched on March 26, crude oil futures on the Shanghai International Energy Exchange (INE) were met with fanfare — and skepticism about how much a state-managed marketplace could displace the well-established crude trade […]

Emerging market currencies are likely to feel more pressure amid the move higher in U.S. bond yields, a top Deutsche Bank economist said on Wednesday. “In a rising global interest rate environment, those countries with current account deficits that have relied on fixed income capital inflows to finance those deficits, and that’s Indonesia in spades, […]

Senior officials at scandal-plagued state fund 1Malaysia Development Berhad (1MDB) withheld information from its board and took some decisions without the board’s approval, according to a Malaysian government audit of the fund that was declassified on Tuesday. Malaysia, under former Prime Minister Najib Razak, had classified the audit report in 2016 under the Officials Secrets […]

The man widely expected to be governing Malaysia in roughly two years’ time walked out of a Kuala Lumpur hospital and to freedom on Wednesday. Opposition icon Anwar Ibrahim, who heads the People’s Justice Party (PKR), is considered a hero in Malaysia, where he has been jailed twice. He was expected to receive an immediate […]

North Korea on Wednesday injected uncertainty into plans for a highly anticipated summit between leader Kim Jong Un and President Donald Trump. The reclusive regime said it will reconsider the historic June 12 meeting scheduled to take place in Singapore if Washington insists on Pyongyang relinquishing its nuclear weapons, Reuters reported, citing North Korea’s state […]