Samsung’s second quarter profit seen flagging as smartphone innovation dries up
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) is expected to post its smallest profit growth in more than a…
Asian shares, yuan on shaky ground on specter of Sino-U.S. trade war
TOKYO (Reuters) – Asian stocks were on shaky ground on Wednesday while the Chinese yuan stood near 11-month lows as…
Oil falls as Saudi output rises to compensate for disruptions
SINGAPORE (Reuters) – Oil prices fell by more than one percent on Monday as investors eyed rising supplies in Saudi…
China factory growth slows in June as trade tensions rise
BEIJING (Reuters) – Growth in China’s manufacturing sector slowed in June after a better-than-expected performance in May, official data showed,…
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
HONG KONG (Reuters/IFR) – China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of…
Trump to use U.S. security review panel to curb China tech investments
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he will use a strengthened national security review process to…
Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices
WASHINGTON (Reuters) – Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent…
Apple, Samsung settle U.S. patent dispute
(Reuters) – Apple Inc and Samsung Electronics Co Ltd on Wednesday settled a seven-year patent dispute over Apple’s allegations that…
Fujifilm threatens to compete against Xerox if partnership not renewed
(Reuters) – Fujifilm Holdings Corp (4901.T) on Wednesday threatened to compete against Xerox Corp (XRX.N) in Asia-Pacific and challenge it…
Chinese telco Huawei lobbies hard to allay Australia’s security concerns
SYDNEY (Reuters) – Chinese telecom firm Huawei Technologies Co Ltd’s network equipment is “safe and secure”, its Australian chairman said…
Global stocks slide on intensifying trade row, dollar wobbles
TOKYO (Reuters) – World stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and…
Fox spirits and demons: China’s tech giants splash out in cartoon arms race
HANGZHOU, China (Reuters) – Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours…
OPEC agrees modest hike in oil supply after Saudi and Iran compromise
VIENNA (Reuters) – OPEC agreed on Friday on a modest increase in oil production from next month after its leader…
South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader
SEOUL (Reuters) – South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its…
U.S. District Court rules in favor of Lilly’s Alimta patent
(Reuters) – Eli Lilly and Co said on Friday a U.S. District Court ruled in favor of its patent on…
Thirty-three pregnant Cambodian women discovered in surrogacy raid
PHNOM PENH (Reuters) – Thirty-three pregnant Cambodian women who were carrying babies on behalf of Chinese clients have been discovered…
EU to respond to any U.S. auto tariff move: report
PARIS (Reuters) – The European Union will respond to any U.S. move to raise tariffs on cars made in the…
Xiaomi puts indefinite delay on CDRs in blow to China’s plans for tech listings
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp (IPO-XMGP.HK) said on Saturday there is no timeframe for a mainland…
China’s ZTE expected to take last step to lift ban: U.S. official
(Reuters) – ZTE Corp (000063.SZ) is expected to deposit $400 million in an escrow account in a U.S. bank in…
German carmakers join American farmers on front line of U.S.-China trade war
WASHINGTON/FRANKFURT/BEIJING (Reuters) – An increasingly shrill exchange of words between the United States and China that is threatening to trigger…
Asian shares edge ahead, oil subdued before OPEC meeting
SYDNEY (Reuters) – Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of…
World shares snap five-day losing streak on China policy easing
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as…
Trump threatens almost all imports from China as Beijing fires back
WASHINGTON/BEIJING (Reuters) – China has underestimated President Donald Trump’s resolve to move forward with tariffs unless Beijing changes its “predatory”…
ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt
HONG KONG (Reuters) – Shares of ZTE Corp and its American business partners took a hit on Tuesday after the…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
HONG KONG/SHANGHAI (Reuters/IFR) – Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion…
Select few emerging Asian economies comfortable with Fed hikes
HONG KONG (Reuters) – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles…
Asian shares fall as Sino-U.S. trade spat intensifies
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by…
China’s BYD recalls cars with Takata airbag inflators: state media
BEIJING (Reuters) – Chinese electric vehicle maker BYD Co Ltd (1121.HK) has announced a recall of over 10,000 cars equipped…
International fund managers turn to financials, tech as trade worries rise
NEW YORK (Reuters) – The rising tensions over global trade policy are prompting some top-performing international fund managers to look…
Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese…
Qualcomm-NXP deal still waiting for China nod: sources
BEIJING/SHANGHAI (Reuters) – China is yet to approve U.S. chipmaker Qualcomm Inc’s (QCOM.O) proposed $44 billion acquisition of NXP Semiconductors…
Euro heads for worst week in 19 months on ECB’s cautious stance
TOKYO (Reuters) – The euro was headed on Friday for its worst weekly loss in 19 months after a cautious…
GSK’s two-drug HIV treatment meets main goal in late stage studies
(Reuters) – GlaxoSmithKline’s two-drug treatment for HIV, the virus that causes AIDS, met its main goal in late stage studies,…
GM has no projects underway with Lyft, CEO Barra says
DETROIT (Reuters) – General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday the No. 1 U.S. automaker…
China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case
HONG KONG/SHENZHEN, China (Reuters) – The chairman of ZTE Corp (000063.SZ) (0763.HK) apologized to staff and customers on Friday after…
Trump vows to deal with ‘unfair trade’ ahead of tense G7 summit
LA MALBAIE, Quebec (Reuters) – U.S. President Donald Trump lashed out at Canada and the European Union on Friday, setting…
UK’s House of Fraser to close 31 stores, 6,000 jobs at stake
LONDON (Reuters) – British department store group House of Fraser said on Thursday it has proposed closing 31 stores in…
Congress has few options to stop Trump from saving China’s ZTE
WASHINGTON (Reuters) – There is little Congress can do to stop President Donald Trump if he wants to relax penalties…
G7 likely to discuss global economy, concerns about U.S. trade policy: Japan’s Suga
TOKYO (Reuters) – Japan’s top government spokesman said on Wednesday that the Group of Seven leaders were likely to discuss…
Facebook confirms data sharing with Chinese companies
WASHINGTON (Reuters) – Facebook Inc (FB.O) said Tuesday it has data sharing partnerships with at least four Chinese companies including…
Emirates sees oil, dollar ‘double whammy’, but demand strong
SYDNEY (Reuters) – The president of Emirates airline said the rare combination of higher oil and a stronger dollar, which…
JOHOR, Malaysia: Pinewood Studios to grow Malaysia’s film industry
Adventures on a grand scale including technically advanced films like ‘Life of Pi’ will soon be filmed at Pinewood Studios’…
Global airlines slash profit outlook as fuel costs jump
SYDNEY (Reuters) – Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel…
Australia’s CommBank accepts record penalty in money-laundering case
SYDNEY (Reuters) – Commonwealth Bank of Australia (CBA) (CBA.AX) agreed to a record penalty of A$700 million ($529.3 million) to…
Talks end with China warning trade benefits at risk if U.S. imposes tariffs
BEIJING (Reuters) – China warned the United States on Sunday that any agreements reached on trade and business between the…
Boeing executive says oil over $65 leads to increased demand for new jets
SYDNEY (Reuters) – Boeing Co (BA.N) is expecting increased demand for new airplanes now that oil is above $65 a…
China’s HNA, COMAC sign deal for 200 C919, 100 ARJ21 jets
SHANGHAI (Reuters) – Chinese conglomerate HNA Group has agreed to purchase 200 C919 and 100 ARJ-21 planes from the Commercial…
U.S. commerce secretary to press China to buy as allies seethe over tariffs
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross arrived in Beijing on Saturday aiming to secure more Chinese purchases of…
Fiat Chrysler boss to tackle Europe, bet on Jeep in his last lap
BALOCCO, Italy (Reuters) – Fiat Chrysler (FCHA.MI) boss Sergio Marchionne is expected to show on Friday how the carmaker plans…
NXP shares fall as China’s warning revives concerns over Qualcomm deal
(Reuters) – Shares of NXP Semiconductors NV (NXPI.O) fell 5 percent on Wednesday after China’s latest warning against U.S. trade…
China vows to protect its interests from ‘reckless’ U.S. trade threats
BEIJING (Reuters) – China lashed out on Wednesday at renewed threats from the White House on trade, warning that it…
Sorrell plots comeback with new listed company after WPP exit
(Reuters) – Martin Sorrell is staging a comeback just six weeks after he was ousted from WPP (WPP.L), using the…
Rolls-Royce says tripling capacity to fix Trent 1000 engine problems
LONDON (Reuters) – Britain’s Rolls-Royce (RR.L) said it would add maintenance facilities and people to triple its capacity to fix…
U.S. to continue trade actions against China: White House
WASHINGTON (Reuters) – The United States said on Tuesday that it will continue pursuing action on trade with China, days…
Shares fall on Italian turmoil, euro near 6-1/2 month lows
SYDNEY (Reuters) – Asian shares fell on Tuesday and the euro hovered near 6-1/2 month lows as early elections loomed…
US and EU again at odds over Airbus subsidies at WTO
GENEVA (Reuters) – The European Union told the World Trade Organization’s dispute settlement body on Monday that it had acted…