China's threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month.
Business & Financial News, U.S & International Breaking News
Magnitude 6.1 quake in Japan's Osaka area kills three, stops factories
A magnitude 6.1 earthquake shook Osaka, Japan's second-biggest metropolis, early on Monday, killing three people, halting factory lines in an industrial area and bursting water mains, government and company officials said.
Van kills one at Dutch music festival, driver turns himself in
A van struck four people at the Netherlands' largest music festival in the early hours of Monday, killing one of them and injuring the others before driving off, police said.
Arab aircraft hammer Houthis around airport of major Yemen port Hodeidah
Saudi-led coalition aircraft bombarded Houthi fighters holed up at the airport of Yemen's main port Hodeidah on Monday as a senior alliance official said he hoped U.N. diplomacy could coax the Iran-aligned movement to relinquish the city.
Billionaire Slim, America Movil, could profit from election of Mexican leftist
Billionaire Carlos Slim has had harsh words for Mexico's presidential frontrunner, saying recently he is "concerned and afraid" about what leftist Andres Manuel Lopez Obrador might do if elected.
Select few emerging Asian economies comfortable with Fed hikes
Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve's hawkishness could also bring cheer for a small group of Asian economies that wouldn't mind seeing their currencies weaken.
Google to invest $550 million in Chinese e-commerce giant JD.com
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
Exp: Jun 18
Exp: Jun 18
Exp: Jun 18
North and South Korea agreed to hold a joint basketball match in Pyongyang and to form some combined teams at August's Asian Games in Indonesia, the two countries announced on Monday, after a day of negotiations at their shared border.
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