The U.S. cautioned President Donald Trump’s son-in-law and senior adviser Jared Kushner that a close friend, Rupert Murdoch’s former wife Wendi Deng Murdoch, could be using her ties to Kushner and wife Ivanka Trump to aid the Chinese government, The Wall Street Journal reported on Monday. Counterintelligence officials also warned the Chinese-American businesswoman may have […]

China is targeting websites and mobile apps that offer cryptocurrency exchange-like services, it was reported Monday. Beijing plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg said, citing unnamed sources. Chinese authorities will also target people and companies that provide market-making, settlement and clearing services for centralized trading, […]

Chinese Foreign Minister Wang Yi has hit back against claims that China is increasing the debt burden of African countries. Wang dismissed the allegation as false at a press conference Sunday in Luanda, Angola, as reported by China’s state-run news agency Xinhua. China’s financing is a response to African countries’ own requirements for development and […]

South Korea will make a decision on a proposed ban on cryptocurrency exchanges after “sufficient consultation and coordination of opinions,” the government said Monday. Last week, South Korean Justice Minister Park Sang-ki said the government was preparing a bill to ban trading via cryptocurrency exchanges. Two of the country’s largest crypto exchanges, Coinone and Bithumb, […]

A mezzanine floor overlooking the main lobby of the Indonesia Stock Exchange building collapsed on Monday, injuring at least a dozen people under a shower of glass and other debris, an exchange employee and witnesses said. The building is part of a two-tower complex which was the target of a suicide bombing by Islamist militants […]

Swiss bank UBS said Monday that President Donald Trump deserves praise for his pro-growth policies. Those efforts in making the U.S. a more business-friendly economy, which include the recently passed tax reform, are often under-appreciated, said Mike Ryan, UBS Wealth Management’s chief investment officer for Americas. But the president has “changed the perception of what’s […]

Around a dozen injured people were carried on stretchers out of the Indonesia Stock Exchange on Monday, eye witnesses said, after reports of a collapsed structure inside the building. Dozens of police officials were cordoning off the two-tower, multi-storey complex as many people ran away and others were seen sitting on steps outside the lobby. […]

The key to Asian economic growth in 2018 will be greater friendship and cooperation between countries, according to the president of the Asian Development Bank. One of the reasons behind Asia’s success in growth and development is the region’s successful fostering of a “sense of cooperation” between countries in Asia, ADB President Takehiko Nakao told […]

Ireland says it can help U.K. companies that are concerned about losing the right to sell products into the European Union after Brexit comes into effect. “We’re saying to people, if there are difficulties, Ireland can be part of the solution for passporting,” Michael D’Arcy, minister of state at Ireland’s Department of Finance, told CNBC […]

“What if a Chinese enterprise listed Alaska or Hawaii as an independent country rather than a state of the United States?” a Beijing-owned newspaper asked Sunday amid a political ruckus spurred by foreign companies. Just as those territories are part of the U.S., the recent China Daily editorial argued, Hong Kong, Macau, Taiwan and Tibet […]