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
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Tesla Motors said on Wednesday it would begin delivering its first luxury electric crossovers, the Model X Signature series, on Sept. 29 to customers who have already reserved the sport utility vehicles.
The premium-priced special version of the Model X, eagerly awaited since it was announced in early 2012, will be priced between $132,000 and $144,000, a Tesla spokeswoman said.
Chief Executive Officer Elon Musk tweeted that the first production cars would be handed over Sept. 29 at the company's factory in Fremont, California.
It is customary for automakers to debut higher-priced versions of their cars before introducing standard models.
Tesla has been spending heavily ahead of the launch of the Model X, its first battery-powered SUV to follow the Model S sedan to market, even as it develops a cheaper, mass-market vehicle starting at $35,000, the Model 3.
Musk tweeted that the Model 3 would begin production in "about two years."
The limited-edition Signature series cars, which will be available in a unique red color not offered for the standard Model X, include such features as self-parking and enhanced sound. Optional add-ons include packages for subzero weather or towing.