Markets

China on Friday (Aug 2) said it would not be blackmailed and warned of retaliation after US President Donald Trump vowed to slap a 10 per cent tariff on US$300 billion of Chinese imports from next month, sharply escalating a trade row between the world's biggest economies.

China's Tencent Holdings is scouting for partners in South Korea and Southeast Asia to offer cloud-based games, after entering the Japanese market last month.

SEOUL: South Korea will remove Japan from its "white list" of trusted trading partners, Seoul's finance minister said Friday (Aug 2), reciprocating just hours after a similar move by Tokyo. The Japanese government's decision "fundamentally destroys the relations of trust and cooperation that the ...

Apple Inc said on Friday it suspended its global program where it analyzed recordings from users interacting with its voice assistant Siri, after some privacy concerns were raised about the program.

BEIJING: China will have to take countermeasures if the United States is bent on putting more tariffs on Chinese goods, the Chinese foreign ministry said on Friday (Aug 2).  China doesn't want a trade war, but it isn't afraid of fighting one, said Hua Chunying, spokeswoman at the foreign...

Japan's Honda Motor Co reported a 16 per cent drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and US vehicle sales dropped.

Central banks may see the impact of their monetary policies diminish significantly if Facebook's Libra cryptocurrency becomes widely used in their countries, a former Bank of Japan executive warned on Friday.

Shares of Apple supplier Sharp Corp tumbled 14per cent on Friday given concerns about an escalating China-U.S. trade war, even as the Japanese firm said a day earlier that it would build a plant in Vietnam to ease any impact on its business.

BANGKOK: US Secretary of State Mike Pompeo on Friday (Aug 2) decried "decades of bad behaviour" from China that have hampered free trade, laying out a case at a Southeast Asian forum for Washington's escalating trade war with Beijing. Pompeo's statements came after President Donald Trump on ...

Japan's Honda Motor Co reported a 16per cent drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped.