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
Australian Prime Minister Malcolm Turnbull shrugged off a leaked video of him mocking his U.S. counterpart, President Donald Trump, earlier this week, calling it a bit of good-natured fun.
Speaking to Australia's 3AW radio station on Thursday, Turnbull said the remarks were "affectionately light hearted."
He added, "You've got to have a laugh, we've got to lighten up."
Turnbull was speaking at the Australian Parliament's annual Midwinter Ball on Wednesday.
Similar to the White House Correspondents' dinner stateside, the ball is a premier event on the political calendar, gathering journalists, politicians and business leaders in Canberra. Turnbull's speech, however, was supposed to be off the record.
The video was leaked on Australia's Nine News network by veteran journalist Laurie Oakes.
Turnbull confirmed to 3AW that his speech was meant to be off the record and that he was "disappointed" by the leak, calling it a "breach of protocol ... (and) faith."
"Yes I am, well I am disappointed and I think it's, so I guess what that means is that next year at the Mid-Winter Ball I will read selected passages from Budget Paper number 2," he said.
Last month, Turnbull and Trump met face-to-face on-board the USS Intrepid, a World War Two aircraft carrier which has been turned into a museum in New York. Following an explosive phone call earlier this year that put a strain on the bilateral relationship, Trump said in May the two leaders "get along great."
On Wednesday, Turnbull alluded to the New York meeting and said, "It was beautiful. It was the most beautiful putting-me-at-ease ever."
He took a shot at the ongoing investigations into the Trump team's alleged ties with Russia, and said, "I have this Russian guy. Believe me it's true, it is true."
Reuters reported Thursday the White House brushed off the leaked video, quoting a senior official saying, "I don't think anybody cares about that."
The U.S. embassy in Canberra said it took Turnbull's remarks with "good humor that was intended," said Reuters.