Asia Business

Asia Business

Kim Woo-choong, founder of Daewoo business group, dies

Kim Woo-choong, founder of Daewoo business group, dies

SEOUL, South Korea (AP) — Kim Woo-choong, founder of the now-collapsed Daewoo business group whose rise and fall symbolized South Korea’s much turbulent rapid...
Q&A: Does a manufacturing slump threaten the US economy?

Q&A | Does a manufacturing slump threaten the US economy?

WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs...
China waiving tariff hikes on US soybeans, pork

China waiving tariff hikes on US soybeans, pork

China is waiving punitive tariffs on U.S. soybeans and pork while the two sides negotiate a trade deal, the Ministry of Finance said Friday. Beijing...
Nissan new CEO reaffirms alliance, promises revival

Nissan new CEO reaffirms alliance, promises revival

TOKYO (AP) — Nissan’s new chief executive Makoto Uchida has reaffirmed the importance of the Japanese automaker’s alliance with Renault as it strives to...
China plans new coal plants, trims support for clean energy

China plans new coal plants, trims support for clean energy

WASHINGTON (AP) — As world leaders gather in Spain to discuss how to slow the warming of the planet, a spotlight falls on China...
Protests in Hong Kong hurt luxury goods sales

Protests in Hong Kong hurt luxury goods sales

MILAN (AP) — Hong Kong’s luxury retailers have been hard hit by pro-democracy protests, which a new study says will permanently change the map...
Nissan invests in production to prepare for electric age

Nissan invests in production to prepare for electric age

YOKOHAMA, Japan (AP) — Nissan is investing 33 billion yen ($303 million) in its flagship auto plant in Japan’s Tochigi prefecture in a first...

China, U.S. agree to solve issues on core concerns in trade talks

HONG KONG (China Daily/ANN) — Top trade negotiators for China and the United States discussed solving issues regarding each other’s core concerns and reached...
China raises estimate of economy’s size following census

China raises estimate of economy’s size following census

BEIJING (AP) — China has raised its estimate of the size of its economy by 2.1% following a census, raising its gross domestic product...
US-China trade deal hopes lift stocks on Wall Street

US-China trade deal hopes lift stocks on Wall Street

NEW YORK (AP) — Stocks moved higher in early trading on Wall Street and headed for records on Friday after U.S. officials said they...

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