WASHINGTON - President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal, distancing America from its Asian allies as China's influence in the region rises.
SYDNEY The dollar struggled in Asia on Tuesday as U.S. President Donald Trump's focus on protectionism ahead of fiscal stimulus fueled suspicions his administration might be content to gain a competitive advantage through a weaker currency.
BEIJING A Chinese court has jailed Wang Tianpu, the former president of Sinopec Group, for 15 and a half years for graft, state television said on Tuesday citing a court verdict.
WASHINGTON The new U.S. administration of President Donald Trump vowed on Monday that the United States would prevent China from taking over territory in international waters in the South China Sea, something Chinese state media has warned would require Washington to "wage war."
Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse.
WASHINGTON U.S Secretary of Defense James Mattis, on his first full day in office, spoke with NATO Secretary-General Jens Stoltenberg to highlight the importance he places on the military alliance, a Pentagon spokesman said on Monday.
A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.