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
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
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
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
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Iran harshly reacted to President Donald Trump's decision not to certify its nuclear deal with six major powers, and President Hassan Rouhani said Tehran might walk away if the continuing agreement does not serve the country's national interests.
Responding to U.S. President Donald Trump's speech earlier on Friday in which he said he would not continue to certify the multinational agreement, Rouhani said in a live televison address that it was full of "insults and fake accusations" against Iran.
"No president can revoke an international deal ... Iran will continue to respect it as long as it serves our interests," Rouhani said in a live television address, adding that Trump's speech was full of "insults and fake accusations" against Iranians.
While Trump did not pull the United States out of the agreement, aimed at preventing Iran from developing a nuclear bomb, he gave the U.S. Congress 60 days to decide whether to reimpose economic sanctions on Tehran that were lifted under the pact.
That increases tension with Iran as well as putting Washington at odds with other signatories of the accord such as Britain, France, Germany, Russia, China and the European Union, who say the U.S. cannot unilaterally cancel the 2015 nuclear deal between Iran and world powers .
"The Iranian nation has not and will never bow to any foreign pressure... Iran's deal cannot be renegotiated," Rouhani said.
Trump announced the major shift in U.S. policy in a speech in which he detailed a more confrontational approach to Iran over its nuclear and ballistic missile programs and its support for extremist groups in the Middle East.
Pragmatist Rouhani backed Iran's elite Islamic Revolutionary Guards Corps (IRGC), saying the IRGC will continue its fight against "regional terrorists.
"The IRGC has always protected our nation against terrorists ... It will continue to help oppressed nations in the region," Rouhani said. Iran accuses its regional rival Saudi Arabia of fuelling regional tension and the Sunni Muslim kingdom is at odds with Tehran's revolutionary Shi'ite leaders in struggles across the Arab world, including Syria, Yemen, Iraq, Bahrain and Lebanon.
The IRGC is Irans most powerful security entity and wields control over large swathes of Irans economy as well as considerable influence within its political system.
for the latest on the markets.