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
BP CEO Bob Dudley refused to rule out the possibility that Britain's oil major could be poised to help develop oilfields in disputed areas of Iraq on Friday.
He told CNBC that the oil giant was "flattered" to have been asked by Baghdad.
In mid-October, Iraq called on BP to help develop oilfields in the disputed — and oil-rich — Kirkuk province after central government forces loyal to Baghdad swept through the Kurdish-held territory.
"With all of these things, you just have to wait, there will be an evolution. There's nothing that's going to happen tomorrow at all, but we are flattered that they would like us to come in and help develop that field," BP CEO Bob Dudley told CNBC on Friday.
Fighting between central government troops and Kurdish forces has hampered pipeline exports in OPEC's second-biggest producer.
Iraq's prime minister rejected an offer to hold talks with Kurdish officials Thursday, after authorities in the semi-autonomous Kurdish region asked lawmakers in Baghdad to "freeze" the result of last month's independence referendum.
Baghdad has repeatedly insisted September's vote, in which people decisively backed secession, was both illegitimate and illegal.
Shortly after the vote, Iraqi Prime Minister, Haider al-Abadi, ordered the country's military to retake disputed territories owned by the Kurds — including the region of Kirkuk. The military maneuvers have since sparked clashes that have left dozens dead and injured many more.
BP began working in a technical capacity in Iraq's Kurdish region in 2013, before pulling back amid an escalation of geopolitical uncertainty two years later.
"The pipeline goes out through Kurdistan so it is not clear to me but we work and live in a very volatile industry and we are comfortable working in places with political change. So I wouldn't rule it out but I don't think anything is going to happen soon," Dudley concluded.