China’s fears of a financial crisis will spur Beijing to keep the country’s growth target in check, a widely followed China expert said Friday. “Their top priority is to prevent a financial crisis, so the government is looking for any pockets (of risk) that might be a trigger,” independent economist Andy Xie told CNBC’s “Squawk […]

Four months after India and China deescalated a Himalayan border spat, Beijing appears to be ramping up the pressure in another territory disputed by both countries. India considers Arunachal Pradesh, lying east of Bhutan, to be one of its 29 states, but China claims the area as part of southern Tibet. The territory, a key […]

North Korea has reportedly accepted South Korea’s offer for talks on January 9, the latest event in a significant week for inter-Korean relations. Citing Seoul’s Unification Ministry, Reuters said on Friday that bilateral discussions will focus on the Winter Olympics as well as “other issues of mutual interest.” South Korean President Moon Jae-In’s administration on […]

Sports apparel seller Billabong International said on Friday it had entered an agreement with Boardriders for the U.S.-based firm to buy the Australian company for about 197.7 million Australian dollars ($155 million). The bid of A$1 per share made by Boardriders, formerly known as Quiksilver, represents a premium of 4.2 percent to Billabong’s closing price […]

Asian markets looked set to track stateside gains on Friday after the Dow Jones industrial average hit a major milestone. Markets in the region had traded at or around multi-year highs in the prior session, with Japan’s benchmark index hitting a 26-year high and the Hang Seng Index touching a decade-high. Major U.S. indexes climbed […]

Chinese President Xi Jinping addressed China’s entire armed forces in a speech Thursday, in which he urged troops to show the “fighting spirit of fearing neither hardship nor death.” At a first-of-its-kind meeting for the whole People’s Liberation Army, Xi spoke to more than 7,000 armed officers in Hebei province of northern China, reported state […]

U.S. President Donald Trump claimed Thursday that talks between North and South Korea likely would not have occurred without his administration’s tough rhetoric against Pyongyang. Lambasting “failed ‘experts'” discussing the matter as “fools”, Trump questioned whether the two polarized nations would have engaged in conversation had he not been “firm, strong and willing to commit […]

The share price of Chinese social network Renren has almost doubled after the company said it was raising money through a digital currency sale. Renren is looking to raise funds through an initial coin offering (ICO), according to a white paper released Tuesday. It laid out plans for a so-called “open social network platform based […]

One of North Korea’s test ballistic missiles last year crashed in a city not far from Pyongyang, according to new findings by online news magazine The Diplomat. In April, Pyongyang launched a Hwasong-12 intermediate-range ballistic missile that failed shortly after launch and ended up hitting the city of Tokchon, roughly two hours from the capital, […]

A Korean tech giant on Thursday announced new robots that take aim squarely at the jobs of many services industry workers around the globe. There have long been predictions that advances in artificial intelligence and automation could end up eliminating millions of jobs over time, and tech companies have been testing robots to carry out […]