NEW YORK -- The global trade deficit for the U.S. shrank by 46% to $87.4 billion in April as the flow of goods from Asia came to a halt following President Donald Trump's sweeping tariff policies ...

NEW YORK -- Chinese President Xi Jinping spoke over the telephone with U.S. President Donald Trump on Thursday, according to Chinese state media Xinhua news agency, ending a monthslong standoff.

TOKYO -- At its next round of tariff negotiations, Japan will present the U.S. with a cooperation package focusing on supply chains for Chinese rare earths and American liquefied natural gas that have ...

FRANKFURT (Reuters) -- The European Central Bank cut interest rates as expected on Thursday and kept all options on the table for its next meetings even as the case grows for a summer pause in its ...

JAKARTA -- Coal prices are rebounding from a four-year low and are forecast to increase significantly from 2027 onward, driven by rising demand in Asia and limited new supplies, analysts said in ...

SEOUL -- South Korean President Lee Jae-myung faces an uphill battle in bolstering relations with both China and the U.S., with some analysts suggesting he may find himself unable to execute a ...

BENGALURU -- Indian automakers are feeling the pressure from Beijing's curbs on the export of rare earth minerals and magnets ...

BRUSSELS -- Gaps between Brussels and Beijing on trade issues show little sign of narrowing even as negotiations accelerate ...

Despite geopolitical tensions, tariffs and volatile exchange rates looming over the semiconductor market, the world's largest chip foundry is confident that it will log a record profit this year as AI ...

It took Lee Jae-myung three hard-fought runs at the South Korean presidency to finally prevail this week. Yet Lee will quickly find that winning the job was the easy part.

BEKASI, Indonesia -- By any stretch of the imagination, vehicle assembler Handal Indonesia Motor is not a major player in the ...

HONG KONG -- Citigroup will axe around 3,500 tech jobs in its China Citi Solution Centers in Shanghai and Dalian as part of efforts to simplify its global operations, the company announced on Thursday ...