WASHINGTON U.S. President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday, distancing America from its Asian allies, as China's influence in the region rises.
WELLINGTON/TOKYO Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations to join the trade pact after U.S. President Donald Trump kept his promise to pull out of the accord.
HOLLYWOOD, Fla. China's progress toward full inclusion of its stocks in global benchmarks could be halted if the world's second-largest economy cracks down further on people moving money out of the country, index provider MSCI Inc's top executive said on Monday.
Gold prices were steady on Tuesday as the dollar remained under pressure on signs that United States President Donald Trump would adopt a protectionist stance on trade.
SYDNEY The dollar was under pressure in Asia on Tuesday as U.S. President Donald Trump's focus on trade protectionism fuelled suspicions his administration might seek a competitive advantage through a weaker currency.
SEOUL South Korea's LG Display Co Ltd said on Tuesday it reported a record fourth-quarter operating profit of 904.3 billion won ($778.33 million) due to a pickup in panel prices.
TOKYO Takata Corp's shares have lost nearly half their value in less than a week, hit by a report that bidders are seeking a court-mediated turnaround for the embattled Japanese air bag maker.
SEOUL Samsung Electronics Co Ltd on Tuesday said it expects profit growth in 2017 despite challenges arising from political uncertainty, after record chip earnings glossed over the Note 7 smartphone fiasco in the fourth quarter.
WASHINGTON Volkswagen AG's dealers will receive an average of $1.85 million in a $1.2 billion settlement approved by a U.S. judge on Monday over its diesel emissions scandal.
DUBAI Dubai International Airport remained the world's busiest for international passengers in 2016, as existing markets grew and new routes were launched, the airport's operator said.