Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Experts say Facebook's cryptocurrency project Libra has been a catalyst for the price of bitcoin going higher.Technologyread more
Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
Value investing has become increasingly irrelevant thanks to central banks and technology, according to AB Bernstein.Investingread more
Indonesian Trade Minister Enggartiasto Lukita said all 16 countries negotiating a mega Asia-Pacific trade agreement should remain in the framework.World Economyread more
Stocks in Asia Pacific traded mixed on Monday afternoon, while oil prices continued to rise as tensions between the U.S. and Iran lingered after the latter shot down an...Asia Marketsread more
His comments come after a series of rapid escalations between Washington and Tehran.World Politicsread more
The U.S. is provoking Iran and growing risks of miscalculation could lead to a "world war," according to Malaysia's Prime Minister Mahathir Mohamad.World Politicsread more
Trump's comments come after he called off strikes against the Islamic Republic this week over concerns that a military response would kill scores of people.Politicsread more
President Donald Trump has scrapped plans for an infrastructure advisory council after two similar panels dissolved this week amid backlash to Trump from corporate America.
"The President's Advisory Council on Infrastructure, which was still being formed, will not move forward," a White House official told CNBC.
Trump signed an executive order to start setting up the council last month. A nonprofit had sued the Trump administration over the council, saying the president tried to set it up without the require public disclosures, according to The New York Times.
After Trump's response to violence at a white nationalist rally over the weekend that many considered inadequate, business leaders started to drop out of advisory councils. On Wednesday, a day after Trump doubled down on blaming "both sides" for the violence and suggested some good people marched with the white nationalists, executives on one panel decided to disband the group.
Trump then tweeted that he would dissolve that panel — the Strategic and Policy Forum — and a separate manufacturing council "rather than putting pressure" on the business leaders.
— CNBC's Lori Ann LaRocco contributed to this report.