In South Korea’s largest shipyard, thousands of workers in yellow hard hats move ceaselessly between towering cranes lifting hulks of steel. They look like a hive of bees scurrying over a massive circuit board as they weld together the latest …
Wall Street stocks finished solidly higher Thursday following a late-afternoon surge as worries over slowing economic growth gave way to bargain-hunting. The Dow Jones Industrial Average finished at 23,138.82, an increase of 1.1 percent and up some 870 points from …
Tesla Inc has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up its push into China. The California-based carmaker, led by billionaire …
Retail sales in the U.S. for the 2018 holiday season were up more than 5 percent to more than $850 billion, according to data Mastercard released Wednesday, making 2018 the best holiday retail season in the last six years. The …
A U.S. trade delegation will go to China the week of Jan. 7, Bloomberg reported Wednesday, citing two people familiar with the matter. It will be the first time the two sides will meet face to face since U.S. President Donald …
Wall Street notched its best day in 10 years as stocks rallied back Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its …
Farmers in the Indian state of Chhattisgarh are getting back land that was taken from them more than a decade ago by the government because it was not used, a rare move in a country riven by conflict over land. …
Saul Ronaldo Atiliano was diving for lobster in the clear waters off Honduras’ Caribbean coast when he felt a pressure, a pain in his body. And he knew he’d gotten the sickness that has killed or disabled so many of …
North and South Korea held a groundbreaking ceremony Wednesday to mark the start of a joint project to connect railways throughout the divided peninsula. The event was held after both Korea’s inspected railways along the peninsula’s east coast. Ministry of …
Japan is withdrawing from the International Whaling Commission and will resume commercial whaling next year, a government spokesman said Wednesday, in a move expected to spark international criticism. “We have decided to withdraw from the International Whaling Commission in order …
President Donald Trump on Tuesday expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated his criticism of the U.S. Federal Reserve, saying it has raised interest rates too quickly. …
Former Nissan Motor Co. executive Greg Kelly was released from jail in Japan Tuesday after a Tokyo court rejected prosecutors’ request to continue to detain him. The Tokyo District Court granted his release after setting bail at $636,000. Kelly had …
There is no holiday cheer for striking doctors in Zimbabwe this Christmas. The country’s health minister announced on Christmas eve that none of the strikers will receive their December salaries. Doctors say the strong-arming will not make them call off …
Shares on Japan’s key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month’s massive losses on Wall Street. The Nikkei 225 Index lost 1,000 points — five percent of its value –to close Tuesday …
Iran’s president submitted next year’s budget to parliament on Tuesday, the first since the United States restored sanctions that had been lifted under the nuclear deal. The $47.5 billion budget is less than half the size of last year’s, mainly …
Stock markets in Japan and China saw sharp declines Tuesday, following selloffs Monday in U.S. markets. The Nikkei fell by about five percent, while the Shanghai Composite Index was down about two percent. In Monday’s trading, the S&P 500 finished …
The leading pan-European stock exchange has launched a 625 million euro takeover bid to acquire the Oslo Stock Exchange. Euronext, the operator of stock exchanges in Paris, Amsterdam, Brussels, Dublin and Lisbon, said in a statement that it had approached …
South Korea said Monday it will fine BMW $9.9 million and will file a criminal complaint against the German automaker for delaying a recall of cars with faulty engines that caught fire. South Korea’s transport ministry said its investigation uncovered …
U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.” U.S. stocks have fallen sharply in …
A White House official says tension between a president and the interest-rate setting Federal Reserve is “traditional as part of our system.” Acting chief of staff Mick Mulvaney says it should come as no surprise that President Donald Trump is unhappy …
China and the United States held a vice ministerial-level call on Friday, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances and the protection of intellectual property, the Chinese Ministry of Commerce said. …
In 2018, sitting leaders relinquished power in South Africa and Ethiopia. Zimbabwe elected a new leader after 37 years of rule by former President Robert Mugabe. Peaceful power transitions were also seen in Liberia, Sierra Leone and Mali. But while …
Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of risks. The stock market’s persistent fall, growing chaos in …
U.S. President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell, Bloomberg reported Saturday. Citing four people familiar with the discussions, Bloomberg reported Trump has become more frustrated with Powell after months of stock market losses and the central …