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
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
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
* ANC in strong lead with 57 pct of the vote
Results in from 70 percent of voting districts
* ANC share of vote could fall to 55-59 percent -analysts (Adds details)
PRETORIA, May 10 (Reuters) - The African National Congress (ANC) strolled toward victory in South Africa's election on Friday, partial results showed, though the party is on course for its worst performance in a national poll in its 25 years in government.
As of 2211 GMT, ballots in 69.98 percent of 22,925 voting districts had been counted. The tallies put the ANC on 56.61 percent in the parliamentary race, with the main opposition Democratic Alliance (DA) on nearly 23 percent and the leftist Economic Freedom Fighters (EFF) on nearly 10 percent.
The former liberation party of Nelson Mandela has not won less than a 60 percent share of the vote since it swept to power in South Africa's first all-race election in 1994, marking the end of white minority rule.
Based on the latest results from the Electoral Commission, analysts predicted the ANC was set for a vote share of between 55 percent and 59 percent.
A poor showing for the ANC would embolden opponents of President Cyril Ramaphosa and risk a potential challenge to his leadership, analysts have said. The elections are the first test of national sentiment since Ramaphosa replaced scandal-plagued Jacob Zuma as head of state in February 2018.
South Africans voting on Wednesday for a new parliament and nine provincial legislatures had expressed frustration at rampant corruption, high unemployment and racial inequalities that remain deeply entrenched.
(Reporting by Mfuneko Toyana and Alexander Winning; writing by Tiisetso Motsoeneng; editing by Phil Berlowitz and Bill Rigby)