U.S. markets closed at record highs on Tuesday, shrugging off North Korea’s latest missile launch. In Asia, meanwhile, futures indicated gains at the open for major markets in the region. North Korea on Wednesday local time launched a likely intercontinental ballistic missile that landed in the Sea of Japan, according to the Pentagon. The launch, […]

The ballistic missile launched by North Korea on Tuesday has the power to reach Washington, D.C. — and much of the rest of the United States, an expert said. In contrast, an earlier missile tested in late July by North Korea was believed to be capable of hitting a bit more than half of the […]

North Korea fired a missile that was believed to have crashed into the waters off Japan, the Japanese prime minister’s office said early Wednesday local time (Tuesday afternoon ET). Prime Minister Shinzo Abe ordered an emergency meeting of Cabinet ministers after North Korea’s first ballistic missile launch since Sept. 15, when one flew over northern […]

China will allow travel agencies in Beijing and Shandong to partly resume sales of group tours to South Korea, in a sign of thawing relations between the nations that have been locked in a year-long diplomatic standoff. However, executives from tour agencies in the regions said they had been told not to include in their […]

Amid sweeping new regulations that have targeted everything from financial market liberalization to tightening internet controls, China has its sight set on reforming one additional domain: its toilets. Chinese President Xi Jinping on Monday brought attention to a national drive to upgrade toilets in the country by calling for sustained efforts in building clean restrooms […]

BALI, Indonesia — Passengers in Bali’s Ngurah Rai International Airport were stranded for a second full day as the Mount Agung volcano here continued to spew ash and authorities called a potential eruption, “imminent.” The airport has been closed since Sunday night, impacting flights from Singapore Airlines, AirAsia, Qantas, JetStar and others. An estimated 17,000 […]

For the first time since 1991, Commerce Secretary Wilbur Ross has used the powers of the department to self-initiate antidumping duty and countervailing duty cases against the People’s Republic of China. The investigations launched Tuesday cover more than $600 million worth of imports of common alloy aluminum sheet from China. Commerce officials explained to CNBC […]

China’s securities regulator has suspended approval of Hong Kong-focused mutual funds, according to the industry newspaper China Fund, potentially slowing the pace of Chinese money into Hong Kong stocks. New funds with “Hong Kong” in their names – which rules dictate must allocate at least 80 percent of their portfolio into Hong Kong-listed stocks – […]

A Chinese start-up is aiming to raise $11.5 million in a digital token sale starting Tuesday. The company, Walimai, is launching the sale in Singapore for funds to expand its technology and develop a loyalty program — both frequent explanations in the booming initial coin offering market. What makes this company different, though, is that […]

Japan has detected radio signals suggesting North Korea may be preparing for another ballistic missile launch, although such signals are not unusual and satellite images did not show fresh activity, a Japanese government source said on Tuesday. After firing missiles at a pace of about two or three month since April, North Korean missile launches […]