Category Archives: Asia

China air force drills again in South China Sea, Western Pacific

China’s air force has held another round of drills in the disputed South China Sea and the Western Pacific after passing though Japan’s southern islands, the air force said on Sunday, calling such exercises the best preparation for war. China

Disputes with temporary workers add to GM Korea’s challenges

Having lost his temporary job as a mechanist at GM Korea twice in the past eight years, Shin Hyun-chang was eagerly awaiting a court ruling last month on whether the automaker would be forced to recognize him as a full-time

Trump eyes tariffs on up to $60 billion Chinese goods; tech, telecoms, apparel targeted

    U.S. President Donald Trump is seeking to impose tariffs on up to $60 billion of Chinese imports and will target the technology and telecommunications sectors, two people who had discussed the issue with the Trump administration said on

President Trump halts Broadcom takeover of Qualcomm

U.S. President Donald Trump on Monday blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc on national security grounds, ending what would have been the technology industry’s biggest deal ever amid concerns that it would give China the upper hand in

Asia shares rally as U.S. job data revive risk appetite

A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites globally.

EU, Japan start push for exemptions from Trump tariffs

The European Union and Japan urged the United States on Saturday to grant them exemptions from metal import tariffs, with Tokyo calling for “calm-headed behavior” in a dispute that threatens to spiral into a trade war. U.S. President Donald Trump

Trump plans to offer Canada, Mexico 30-day tariff exemption: official

U.S. President Donald Trump plans to offer Canada and Mexico a 30-day exemption from planned tariffs on steel and aluminum imports, which could be extended based on progress in NAFTA talks, a White House official said on Wednesday night.The move,

Asian shares subdued; euro choppy amid Italian uncertainty

Asian shares were on the backfoot and the safe-haven yen rose on Monday amid fears of a global trade war, while the euro was choppy as investors worried Italy’s national elections could deliver an anti-establishment government. Italian voters delivered a

‘Trade wars are good,’ Trump says, defying global concern over tariffs

U.S. President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on steel and aluminum imports triggered threats of retaliation from trading partners and a slide

Bitcoin edges lower, then pares some losses, after news that SEC is probing cryptocurrencies

  Bitcoin slipped on Wednesday following news that the U.S. securities and exchange commission is probing the cryptocurrencies market. The Wall street journal reported Wednesday evening ET that, as part of that investigation, the SEC has issued “scores of subpoenas”