The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
The White House has set aside for now consideration of terminating the U.S. trade agreement with South Korea, a senior administration official said on Wednesday.
President Donald Trump had been discussing with his senior advisers ending the trade deal out of concern that it was tilted against the United States.
The official, who spoke on condition of anonymity, said it was possible the deal could yet be terminated, but that there were no immediate plans to do so.
"It's not dead. It could come back. It might not," the official said.
Trump needs the assistance of South Korea as he tries to resolve a crisis over North Korea's nuclear and missile programs after a sixth nuclear test by Pyongyang this week.
Some Trump advisers had been urging the president to stick with the current trade agreement to avoid straining relations with a key U.S. ally in Asia.
The U.S.-Korea Free Trade Agreement (Korus), hammered out by Trump's Democratic predecessor President Barack Obama, has been a frequent target for Trump, who in earlier interviews with Reuters threatened to withdraw from what he called an unequal deal in which Washington runs a goods trade deficit of almost $28 billion with Seoul.
"It is very much on my mind," Trump said in Houston on Saturday when asked if he is talking to advisers and whether he would do something about the pact this week.
The U.S. Chamber of Commerce, the largest U.S. business lobby, had urged member companies to have senior executives call the White House and other administration officials to tell them not to proceed, and to enlist Republican governors in the effort.
Trump agreed to renegotiate terms of the North American Free Trade Agreement (NAFTA) but on Aug. 27 renewed his threat to scrap the 23-year-old trade pact, even as U.S., Canadian and
Mexican trade negotiators were preparing for this weekend's second round of talks in Mexico City.