Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
U.S. Secretary of State Rex Tillerson offered to begin direct talks with North Korea without pre-conditions, backing away from a key U.S. demand that Pyongyang must first accept that giving up its nuclear arsenal would be part of any negotiations.
Tillerson's new diplomatic overture comes nearly two weeks after North Korea said it had successfully tested a breakthrough intercontinental ballistic missile (ICBM) that put the entire United States mainland within range of its nuclear weapons.
"Let's just meet," Tillerson said in a speech to Washington's Atlantic Council think tank on Tuesday.
The White House later issued an ambiguous statement that left unclear whether President Donald Trump — who has said Tillerson was wasting his time pursuing dialogue with North Korea — had given his approval for the speech.
"The president's views on North Korea have not changed," the White House said. "North Korea is acting in an unsafe way ... North Korea's actions are not good for anyone and certainly not good for North Korea."
In Beijing, Chinese Foreign Ministry spokesman Lu Kang said China welcomed all efforts to ease tension and promote dialogue to resolve the problem.
China hopes the United States and North Korea can meet each other halfway and take meaningful steps on dialogue and contact, he told reporters.
Ahead of Tillerson's speech, North Korean leader Kim Jong Un vowed to develop more nuclear weapons while personally decorating scientists and officials who contributed to the development of Pyongyang's most advanced ICBM, state media said on Wednesday.
Kim said on Tuesday the scientists and workers would continue manufacturing "more latest weapons and equipment" to "bolster up the nuclear force in quality and quantity," the KCNA news agency said.
While reiterating Washington's long-standing position that it cannot tolerate a nuclear-armed North Korea, Tillerson said the United States was "ready to talk anytime they're ready to talk," but there would first have to be a "period of quiet" without nuclear and missile tests.
United Nations political affairs chief Jeffrey Feltman, who visited Pyongyang last week, said senior North Korean officials did not offer any type of commitment to talks, but he believed he left "the door ajar."
"Time will tell what was the impact of our discussions, but I think we have left the door ajar and I fervently hope that the door to a negotiated solution will now be opened wide," Feltman told reporters after briefing the U.N. Security Council on Tuesday.
Not everyone is ready for talks.
Japan has advocated a strategy of pressuring North Korea through sanctions to give up its nuclear weapons. Tokyo and Washington are in "100 percent" agreement on that stance, Chief Cabinet Secretary Yoshihide Suga said on Wednesday, when asked about Tillerson's comments.
A former Japanese diplomat said that, while a diplomatic solution was the "only acceptable solution," now was not the time for talks.
"We have to see the effects of sanctions on life in North Korea," the former diplomat, who asked not to be identified, told Reuters.
"I heard that they are having a serious impact on everyday life. Let's wait and see. If we were to hint anything for dialogue, we'd be losing clout."
South Korea continued military exercises with the United States to check military readiness, exercises the North describes as preparation for war. The South's army said separately on Wednesday it conducted a successful air-to-air missile firing drill from Apache helicopters.
Tillerson also disclosed the United States had been talking to China about how to secure North Korea's nuclear weapons in the event of a collapse of the government in Pyongyang. He said Beijing had been given assurances that if U.S. forces had to cross into North Korea they would pull back across the border into the South.
Chinese spokesman Lu would not directly answer a question about those comments but said China had always clearly told all its interlocutors on the issue that "There can be neither war nor chaos" on the Korean peninsula.
Tillerson made clear that the United States wants to resolve the North Korea standoff through peaceful diplomacy and, in terms far more tempered than Trump's recent threats against Pyongyang, offered to hold exploratory talks.
"We can talk about the weather if you want," he said. "We can talk about whether it's going to be a square table or a roundtable. Then we can begin to lay out a map, a road map, of what we might be willing to work towards."
Tillerson — whose influence has appeared to wane within the administration — said Trump "has encouraged our diplomatic efforts."