Economy

China, ASEAN navies stage 1st emergency drills amid feud

Aug 3, 2018

Chinese and Southeast Asian naval forces have staged their first computer-simulated drills so they can jointly respond to emergencies and to build trust amid the long-seething disputes in the South China Sea

China calls draft pact on territorial feud a 'breakthrough'

Aug 2, 2018

China's top diplomat says an initial draft of a proposed pact with Southeast Asia aimed at preventing fighting in the disputed South China Sea was a "breakthrough," and that talks can accelerate without outside interference

Spending on future tech eats into BMW profits

Aug 2, 2018

Luxury carmaker BMW says that net profit fell 6 percent in the second quarter as the company spent billions on developing new technologies for electric, autonomous and digitally connected automobiles

World shares mixed on fears of higher US tariffs on China

Aug 1, 2018

World shares are mixed on uncertainties over trade. News that the U.S. and China may be working to reopen trade talks was overshadowed by reports of plans for even higher tariffs on Chinese imports.

Progress in sea feud, Koreas stir ASEAN though rifts persist

Aug 1, 2018

Southeast Asian nations are expected to welcome an initial negotiating draft of a nonaggression pact with China on the South China Sea, but critics warn that the talks provide a diplomatic cover for Beijing

Asia shares gain on reports China, US may resume trade talks

Aug 1, 2018

Asian shares gain on reports China, US may resume trade talks

World stocks lose shine after weaker European, Chinese data

Jul 31, 2018

World stock markets are mixed after economic releases for China and the 19-country eurozone showed a small slowdown amid concerns about U.S. tariffs.

European economic expansion slows amid trade fears

Jul 31, 2018

Europe's economy slowed further in the second quarter amid jitters over a possible global trade war

Credit Suisse warns of impact of trade war, higher rates

Jul 31, 2018

Swiss bank Credit Suisse is warning that trade tensions and rising interest rates "are likely to trigger periods of heightened uncertainty through the remainder of 2018."

Asian markets mixed ahead of Bank of Japan policy statement

Jul 31, 2018

Asian markets are mixed ahead of a key statement by the Bank of Japan, which could indicate a tightening of its monetary policy

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