A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Former Vice President Joe Biden could be a "pretty serious" candidate to challenge Donald Trump in the 2020 presidential race — but the Democrats won't go that direction, Reince Priebus said Wednesday.
"The problem they have is they're moving to the left, they're not staying in the center," the former White House chief of staff said in a speech at the Credit Suisse Asian Investment Conference in Hong Kong.
"So, if they have a candidate like say, Joe Biden — well, he could be a pretty serious candidate, but the Democrats are not embracing the Joe Bidens of the world," Priebus said.
Instead, the Democrats like more left-leaning candidates such as Bernie Sanders, which may make it hard for certain segments of the American population to support the party, he added.
Without any clear favorite so far, the Democrats could find themselves in a similar situation to what the Republican Party experienced in 2016, when the GOP had 17 candidates vying for nomination, he said.
Trump, meanwhile, would likely not face any "significant challenge" in winning his second nomination to run in the 2020 election, Priebus predicted.