Asian shares skid amid virus woes, China-US trade tensions

TOKYO (AP) — Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China overshadowed optimism about more fiscal stimulus for the ailing U.S. economy. ...

Asian shares mixed on US-China tensions, Wall Street gains

TOKYO (AP) — Asian shares were mixed on Monday as investors eyeballed surging coronavirus cases in the region. U.S. Secretary of State Mike Pompeo's weekend comments that President ...

As US seeks sourcing, sole US rare earth miner goes public

The sole miner of rare earths in the U.S. is becoming a public company amid elevated trade tensions with China, the dominant global supplier of the material used in everything from computers to cars. ...

Taiwan finds 100 plus cases of Chinese products labeled as 'Made-in-Taiwan'

TAIPEI (Taiwan News) — Taiwanese authorities have discovered more than 100 instances of Chinese products being labeled as made in Taiwan since 2018, in what officials believe are attempts to eva...

China's economic loss could be Morocco's gain

The coronavirus pandemic has exposed the overreliance of European companies and governments — already reeling from US-China trade tensions — on China for just about everything from cars to...

Germany takes EU hot seat with big challenges, expectations

BERLIN (AP) — Germany, the European Union’s biggest economic power, is taking over the rotating presidency of the 27-nation bloc amid massive challenges and huge expectations as the continent grapples...

Asian stocks skid as new coronavirus cases rattle markets

BANGKOK (AP) — Shares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' h...

China auto sales up 14.5% in May, recovering after pandemic

HONG KONG (AP) — China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic. ...

Australian minister disappointed at China’s unwillingness to ease tensions

TAIPEI (Taiwan News) — Simon Birmingham, Australia's Minister for Trade, Tourism, and Investment, said on Monday (June 8) that he felt disappointed by China's unwillingness to ease trade...

China’s exports and imports fall amid coronavirus woes

BEIJING (AP) — China’s exports and imports both fell in May as the coronavirus and trade tensions with the U.S. weighed on demand at home and abroad. Exports fell 3.3% compared to a yea...

Bank of Japan helps fund small businesses fighting pandemic

TOKYO (AP) — Japan's central bank said Friday it will provide some 30 trillion yen ($280 billion) to banks for financing small and medium-size businesses battling economic hardships brought on by the ...

Retailers reopening more stores, tourism expanding

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the sp...

Asian stocks mixed amid China tension with US, Australia

Asian stock markets were mixed Thursday after Wall Street rose despite Chinese trade tensions with Washington and Australia. Investors were looking ahead to Friday’s meeting of Chin...

China state media calls Australia 'dog' of US

TAIPEI (Taiwan News) — As the Wuhan coronavirus pandemic continues to rage, tensions between Australia and China have begun to flare. Chinese state media outlet the Global Times has lashed ou...

Asian shares fall as hopes fade for quick economic rebound

Asian shares declined Thursday on pessimism about life getting back to normal soon amid the coronavirus pandemic, even as Japan prepared to let businesses reopen in some regions. Ja...