President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
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
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread 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
Two Las Vegas casino hotels will become the first known U.S. commercial gambling houses to allow the use of the unregulated digital payment system, bitcoin, casino officials said on Tuesday.
The co-owned Golden Gate Hotel and Casino and The D Las Vegas Casino Hotel will begin accepting bitcoins on Wednesday as payment for hotel rooms and related purchases, casino officials said in a statement.
(Read more: Overstock CEO: Why we're accepting bitcoins)
Bitcoin is an online currency bought and sold on a peer-to-peer network that is independent of central authority.
The D will also accept the virtual currency at its gift shop, the American Coney Island restaurant and Joe Vicari's Andiamo Italian Steakhouse.
"Downtown has really become a technology hub for all of Las Vegas," Derek Stevens, co-owner and chief operating officer for both casinos, told Reuters." I think it is fitting that the Golden Gate and The D are the first hotels to offer (bitcoin)."
Stevens said patrons increasingly had requested to use bitcoins over the past year. By becoming the first known casino hotels to accept the virtual currency, he hoped to attract customers unable to spend bitcoins at other local businesses.
(Read more: Do you reallyknow bitcoin? Here are 11 myths)
"I think that this is a technology where early adopters have an advantage," he said.
The casinos will install iPads at cashier stations and use the online platform BitPay to process the currency, which can be loaded into a virtual wallet and used with a mobile device.
Since its launch in early 2009, bitcoin has gained popularity with people who lack confidence in conventional banking. Bitcoins have a value determined by the demand for them.
This month, the Sacramento Kings basketball team became the first U.S. professional sports franchise to allow purchases with bitcoins, and Overstock.com reported being the first major retailer to accept the online currency.
(Read more: Why more businessesmay adopt bitcoin)
BitPay, which enables merchants to allow bitcoins as payment by converting them into U.S. currency, processed more than $100 million worth of transactions in 2013.
The currency has also raised concerns about its potential use in laundering money and for other illegal purposes. Last week, Bitcoin forfeited roughly $27,000 worth of the currency to federal authorities because the funds belonged to the anonymous online black market Silk Road.