South Korea said on Tuesday the government will complain to the World Trade Organization (WTO) about a U.S. decision to slap tariffs on imported washing machines and solar panels, saying the decision is “excessive” and “regrettable”. “It is clear that the latest safeguard measures would violate the WTO rules,” South Korea’s trade minister Kim Hyun-chong […]

Samsung Electronics said on Tuesday a U.S. government decision to impose tariffs on washing machines was a great loss for American consumers and workers. “Everyone will pay more with fewer choices,” the South Korean company said in a statement. U.S. President Donald Trump has approved recommendations to impose safeguard tariffs on imported large residential washing […]

Asian stocks looked poised for gains following the stronger lead from Wall Street after U.S. lawmakers reached a deal to end a government shutdown and as earnings reports stateside remained solid. U.S. stocks closed higher on Monday, paring early losses after the Senate reached a short-term compromise to end a government shutdown that began last […]

New Zealand Prime Minister Jacinda Ardern has announced that she is pregnant. The Labour leader, who was elected in October after she formed a center-left coalition, revealed Friday that the news of the surprise pregnancy came just six days before she became prime minister. “It was a week before (Deputy Prime Minister) Winston Peters made […]

A recent cabinet reshuffle in Indonesia is the latest move from the country’s leader to firm up support ahead of presidential elections next year, according to a Singapore-based advisory firm. On Wednesday, Indonesian President Joko Widodo oversaw the third reshuffle of his cabinet since assuming office in 2014. The reshuffle has political implications, with Widodo […]

Bunker fuel may now be leaking from the Iranian oil tanker that sank in the East China Sea last Sunday, China’s State Oceanic Administration (SOA) said, underlining fears for contamination from the world’s worst oil ship disaster in decades. In a statement issued late on Thursday, the SOA said several previously unreported slicks were spotted […]

A South Korean consumer group has filed a criminal complaint against Apple CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets. Apple is already facing lawsuits in the United States and elsewhere over accusations of having defrauded iPhone users by slowing […]

President Donald Trump and Republican leaders in Congress are racing to meet a midnight Friday deadline to pass a short-term spending bill to keep the U.S. government open and prevent agencies from shutting down. During government shutdowns, employees in all three branches of government are vulnerable to furlough, or temporary unpaid leave. Other “essential” workers, […]

Major indexes in Asia looked set to open higher on Friday despite Wall Street closing with slight losses amid political concerns. U.S. stocks closed lower on Thursday as investors focused on the likelihood of a government shutdown. That came despite corporates stateside posting solid quarterly earnings: As of Wednesday, 78 percent of S&P 500 companies […]

Japanese game maker Nintendo on late Wednesday announced new interactive cardboard accessories for its Switch consoles. The line of accessories, called Nintendo Labo, contain modular cardboard sheets that can be folded into a variety of playthings — such as motorbikes, fishing rods, pianos, houses or robots. The Japanese gaming giant deems those creations “Toy-Cons.” Players […]