China’s trade surplus with the U.S. fell to $26.62 billion in October from $28.08 billion in September, the Customs department reported on Wednesday ahead of President Donald Trump’s visit to the country. China’s trade surplus with the U.S. was $222.98 billion in the first 10 months of 2017, Customs added. The U.S. trade deficit with […]
Read morePresident Donald Trump, a famously picky eater, was served grilled Korean beef with 360 year-old soy sauce at a Tuesday state dinner in South Korea. It’s not clear whether the U.S. leader, who is on a five-nation Asia tour, ate the fermented sauce, which is a delicacy in Asia’s fourth-largest economy. The full menu included: […]
Read moreU.S. President Donald Trump’s attempt to make an unannounced visit to the heavily fortified border separating North and South Korea was aborted on Wednesday after dense fog prevented his helicopter from landing, officials said. Trump tried to travel to the Demilitarized Zone (DMZ) — the doorstep of the North Korean nuclear standoff — as he […]
Read moreIn an address to South Korean lawmakers on Wednesday, President Donald Trump said Washington was helping the Asian nation “far beyond what any other country has ever done.” “In the end, we will work things out far better than anybody understands or even appreciate,” he said. It’s not clear whether the U.S. leader was referring […]
Read moreAsian markets were pressured in early Wednesday trade after Wall Street closed narrowly mixed in the last session. Major data due in the day includes the release of China’s October trade balance. Japan’s Nikkei 225 lost 0.46 percent in early trade a day after the benchmark index hit a 26-year high. Across the Korean Strait, […]
Read moreTrade tensions between the world’s two largest economies are hot ahead of President Donald Trump’s visit to Beijing, with the American leader calling the U.S. trade deficit with China “embarrassing” and “horrible” last week. The comments follow trade-related disputes in recent weeks, highlighting friction between the two economic giants as they prepare to go to […]
Read moreIndonesian authorities say they will block access to the popular WhatsApp instant messaging app if it doesn’t remove sexually explicit content. The Ministry of Communications and Information Technology said Tuesday on its website that it has already asked internet companies to block domain names used by Tenor, which provides animated image files known as GIFs […]
Read morePresident Donald Trump on Tuesday flew into South Korea, the closest he has come to the frontlines of the nuclear standoff with North Korea, saying a solution must be found to the security threat posed by Pyongyang. Landing at Osan Air Base outside Seoul, the president and First Lady Melania Trump stepped down from Air […]
Read moreJapanese Finance Minister Taro Aso said on Tuesday that Japan would not enter a bilateral free trade agreement (FTA) with the United States to resolve the two countries’ trade imbalance. Speaking to reporters after a cabinet meeting, Aso said it was true that the United States was running a trade deficit but said the situation […]
Read moreRazer, a gaming hardware maker backed by Intel and Hong Kong billionaire Li Ka-shing, has priced its initial public offering (IPO) near the top end of the range, raising HK$4.12 billion ($528 million), IFR reported on Tuesday. The IPO has been priced at HK$3.88, the Thomson Reuters publication reported, adding the company, which is based […]
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