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
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Toyota brought a crop of hybrid and fully electric vehicles to the Shanghai Auto Show this year.
The Rhombus, pictured above, is a concept car for a battery-powered electric vehicle targeted at consumers born after 1990, according to a release. The vehicle was developed by TMEC, the company's research and development base in China.
A single swivel seat at the front replaces the typical two-seat driver's row, while two seats in the back make up a lounge-like area.
Toyota said it plans to roll out more than 10 battery electric vehicle models globally in the next five or six years, with a sales target of more than 5.5 million electrified vehicles worldwide by 2030.
The C-HR and IZOA battery electric models that premiered in Shanghai will be the first such vehicles to launch in China under the Japanese automaker's brand. Sales are expected to begin next year.