Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
Gold settled 1 percent higher on Monday, as a lack of progress among U.S. lawmakers to resolve a government shutdown and raise the U.S. debt ceiling weighed on the equities market, bolstering bullion's safe-haven appeal.
Even though responses from gold and other financial markets have so far been mild to the deadlock in Washington, analysts said that bullion should benefit from the huge uncertainty related to a possible U.S. default if Congress fails to raise the U.S. debt limit by Oct. 17.
Spot gold rose as much as 1.3 percent to its highest since Oct. 1 at $1,327.94 and was last trading at $1,321 an ounce, up 0.8 percent on the day, while U.S. gold futures for December delivery settled 1.2 percent higher at $1,325.10 an ounce.
The U.S. deadlock pushed European equities to a four-month low and the dollar close to an eight-month low against a basket of major currencies.
A weaker dollar makes it easier for holders of other currencies to buy dollar-denominated commodities such as gold.
Despite Monday's rally, preliminary Reuters data showed Comex gold futures trading volume was on track to finish below its 30-day average, underscoring a lack of commitment among bullion investors, traders said.
For more information on precious metals, please click here.