Japan’s Abe tells paper that relations with China are back on ‘normal track’
Japanese Prime Minister Shinzo Abe’s comments came amid intensifying U.S. trade pressure on Beijing and Tokyo that has raised concerns about protectionism and its impact on the global economy.
‘Crazy Rich Asians’ puts spotlight on region’s inequalities
The Asia-Pacific has the biggest number of the world’s very wealthy and almost two-thirds of its working poor.
Pentagon cancels aid to Pakistan over record on militants
The U.S. military said it has made a final decision to cancel $300 million in aid to Pakistan that had been suspended over Islamabad’s perceived failure to take decisive action against militants.
A trading chart suggests stocks face a heightened risk of a 10-20% correction
The Economic Cycle Research Institute’s Lakshman Achuthan believes a deep sell-off could wipe out the stock market’s all-time highs.
Democrats, Republicans recall ‘maverick’ John McCain’s fighting spirit, take veiled swipes at Trump
Speakers at the memorial service honoring John McCain exhorted the Republican’s fighting spirit, with featured guests taking veiled swipes at President Donald Trump.
Meet the team giving the ‘OK Google’ bot its personality
Google has a small team of creatives responsible for making users feel emotionally attached to its artificial intelligence-powered virtual assistant.
Trump warns Congress on new NAFTA, tells Canada it could be ‘out’ in a new trade deal
President Donald Trump on Saturday issued a new threat to terminate the North American Free Trade Agreement altogether, warning Congress not to intervene in tough negotiations that may or may not include Canada in a new accord.
China says it’s not putting pressure on Taiwan’s last Africa ally
China is not putting any pressure on self-ruled Taiwan’s last diplomatic ally in Africa to switch to Beijing, but believes it is just a matter of time before that happens, a senior Chinese diplomat said.
BOJ’s Kuroda says no rate hike ‘for an extended time’: paper
The Bank of Japan is unlikely to raise interest rates for “quite some time” and recent steps to make policy more flexible are not preparation for policy normalization, Governor Haruhiko Kuroda said in an interview.
China’s Meituan Dianping said to set Hong Kong IPO valuation at up to $55 billion
China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($7.64-$9.17) per share for its initial public offering (IPO) in Hong Kong, sources told Reuters.