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.
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.
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.
WASHINGTON The new U.S. administration of President Donald Trump vowed on Monday 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."
SEOUL It has been an inauspicious return to crisis-plagued South Korea for former U.N. chief Ban Ki-moon, once the odds-on favorite to be the next president, who has been ensnared in a family corruption scandal and struggled with a skeptical press.
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.
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.