The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
A multi-story building has collapsed in India's financial capital of Mumbai. Rescuers are trying to reach more than two dozen people feared trapped in the rubble, but there were no immediate reports of casualties.
Local television NDTV reported that at least 25 people were believed to be in the five-storey residential building near Dockyard Road when it collapsed after dawn in the city's south-east.
Indian officials could not immediately be reached for comment.
It was the latest of several Mumbai building collapses this year. At least 72 people died in April when an illegally constructed building fell down, and a few weeks later a section of a hospital crumbled, injuring at least eight. In June, at least 10 people, including five children, died in when a three-storey building collapsed.
Building collapses have become relatively common across India. Massive demand for housing around fast-growing cities combined with pervasive corruption often result in builders using substandard materials or adding unauthorized floors.