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China's commerce ministry warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington's penchant for brandishing "big sticks." » Read More
Xiaomi has lined up $548 million from seven cornerstone investors, including U.S. chipmaker Qualcomm. » Read More |
By: Natasha Turak
CNBC talks to American veterans of the Korean War, whose intervention in the 1950s enabled South Korea to become a democratic and open country. » Read More |
China's commerce ministry accused the United States of volatility in its bilateral trade issues. » Read More |
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The seven cornerstone investors will take up about 10 percent of the shares being offered in Xiaomi's Hong Kong IPO.
- Kim Jong Un and China's Xi agree to boost 'strategic, tactical' cooperation, North Korean media says
North Korean leader Kim Jong Un and Chinese President Xi Jinping discussed measures to bolster "strategic and tactical" cooperation between the two countries, KCNA reported.
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Asian stocks closed mixed as global markets calmed after an elevation in trade tensions between the U.S. and China triggered a sell-off earlier in the week.
India is the world's third-largest oil consumer, and sources about 86 percent of its crude oil and 75 percent of its natural gas from OPEC countries.
If tariffs threatened by President Donald Trump result in falling Chinese exports to the U.S., there will be knock-on effects for the rest of Asia.
Bithumb said on Twitter it was temporarily suspending deposit and withdrawal services, following the security breach.
It's the first major economy to fully legalize cannabis.
With more mouths to feed than ever before, the world will soon have to balance the competing pressures of meeting the nutritional needs of billions more people.
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A $2 billion fraud at India's Punjab National Bank may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, an internal report said.
Telstra says cutting a quarter of its workforce can save it 1 billion Australian dollars ($738 million).
Symantec said the effort appeared to be driven by national espionage goals, such as the interception of military and civilian communications.
Xi said relations between China and North Korea had entered a new level of development since Kim's first visit, KCNA reported.
Asian stocks closed higher on Wednesday after regional markets tumbled on investor jitters over U.S.-China trade tensions in the last session.
North Korean leader Kim Jong Un arrived in Beijing, where he will likely brief Chinese President Xi Jinping on his summit with U.S. President Donald Trump last week.
China's central bank on Tuesday lent 200 billion yuan ($31 billion) to financial institutions via its medium-term lending facility (MLF), highlighting concerns over liquidity and potential economic drag from a trade war with the United States.
Shares of ZTE sank after the U.S. Senate passed a defense bill that had implications for an agreement struck with the Chinese telecommunications equipment maker.
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Gareth Nicholson of Bank of Singapore says growing trade tensions globally are a "tail risk" with central bankers showing increasing concern.
Fadi Arbid of Amwal Capital Partners says a great deal of regulatory work in the past few years aided Saudi Arabia's inclusion in the MSCI emerging markets index.
Sanjay Uppal of StraitsBridge Advisors says the MSCI EM inclusion of Saudi Arabia sets the stage to grow existing companies and create new businesses that will attract investors.
