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Updated: 6 hours 32 min ago

U.S.-China trade talks end with no breakthrough as tariffs kick in

Fri, 08/24/2018 - 3:41am
U.S. and Chinese officials ended two days of talks on Thursday with no major breakthrough as their trade war escalated with activation of another round of dueling tariffs on $16 billion worth of each country's goods.

Dollar downbeat ahead of Powell speech, stocks subdued

Fri, 08/24/2018 - 3:35am
The dollar fell on Friday, set for its biggest weekly decline since March as markets braced for a speech by Federal Reserve chair Jerome Powell for hints on the direction of monetary policy, while a gauge of global stocks barely budged.

Australia's new PM: 'netball dad', advertising boss and tax cutter

Fri, 08/24/2018 - 2:57am
Australia's next prime minister is a career public servant from Sydney's southern suburbs who rose to prominence by stopping asylum seekers arriving in Australia by boat and has steered the country's fiscal direction for the past three years.

Trade tensions may power down China's robot industry

Fri, 08/24/2018 - 2:24am
At a trade show in southern Beijing, children and parents crowd around a group of pink and blue dancing robots that resemble toddler-sized Power Rangers.

Australia's new PM says no plans for an early election

Fri, 08/24/2018 - 1:51am
Australia's incoming prime minister Scott Morrison hosed down speculation of an early election and said on Friday a severe drought across the country's east will be his immediate priority.

Amid praise for Trump, North Korea doubles down on criticism of Japan

Fri, 08/24/2018 - 1:41am
In North Korea, Japan appears to have replaced the United States as the most vilified imperialist enemy, with state media deriding Prime Minister Shinzo Abe's government as a "cult" bent on derailing Pyongyang's diplomatic outreach.

Exclusive: China to keep hitting back at U.S. over trade, to boost government spending - finance minister

Fri, 08/24/2018 - 1:25am
China will keep hitting back at Washington as more U.S. trade tariffs are imposed, but its counter-strikes will remain as targeted as possible to avoid harming businesses in China - whether Chinese or foreign, Finance Minister Liu Kun said.

Instant View: Australian Treasurer Scott Morrison to become new prime minister

Fri, 08/24/2018 - 1:07am
Treasurer Scott Morrison will become Australia's new prime minister after winning a Liberal party leadership vote on Friday, ending an internecine battle that has scarred the conservative government ahead of an election due by May 2019.

Brazil's Lula plays kingmaker from his prison cell

Fri, 08/24/2018 - 12:50am
It is Thursday outside a government building in this tidy city in southern Brazil. Luiz Inacio Lula da Silva, the country's former president, is receiving visitors to plot his political future.

Exclusive: China's Unipec to resume U.S. oil purchases after tariff policy change - sources

Fri, 08/24/2018 - 12:30am
China's Unipec will resume purchases of U.S. crude oil in October after a two-month halt due to the trade dispute between the world's two largest economies, three sources with knowledge of the matter said.

Seizing land would send South Africa down the wrong path: U.S.

Thu, 08/23/2018 - 5:15pm
(Editor's Note: Please be advised that this story contains language that might offend some readers)

Hurricane Lane lashes Hawaii with torrential rains, flash floods

Thu, 08/23/2018 - 5:12pm
High winds and torrential rains from Hurricane Lane pounded Hawaii on Thursday, touching off flash floods, landslides and heavy surf as it spun toward the islands, prompting schools and offices to close as residents hunkered down to ride out the storm.

SEC to review decision rejecting bitcoin ETFs

Thu, 08/23/2018 - 5:11pm
The U.S. Securities and Exchange Commission said on Thursday it will review a decision by its staff to block nine bitcoin-based exchange-traded funds from coming to market.

U.S. CEOs warn of harm from Trump administration's immigration policy

Thu, 08/23/2018 - 5:09pm
A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration's immigration policy and said the rules increase uncertainty and undermine economic growth.

Sessions hits back at Trump over Justice Department criticism

Thu, 08/23/2018 - 4:56pm
President Donald Trump drew a sharp rebuttal from his attorney general on Thursday after he gave a scathing assessment of Jeff Sessions as being unable to take control of the Justice Department.

U.S. judge says lawsuit over married immigrants' arrests can proceed

Thu, 08/23/2018 - 4:53pm
A lawsuit attempting to block the Trump administration from arresting illegal immigrants seeking to legalize their status based on their marriages to U.S. citizens can move forward, a federal judge in Boston ruled on Thursday.

Man sentenced to eight years for Charlottesville beating

Thu, 08/23/2018 - 4:50pm
A white supremacist convicted of being part of a group of men that beat a black man in a Virginia parking garage during a "Unite the Right" rally last year in Charlottesville was sentenced on Thursday to eight years in prison, local media reported.

National Enquirer executives granted immunity in Cohen probe: Vanity Fair, WSJ

Thu, 08/23/2018 - 4:42pm
The CEO of the publisher of the National Enquirer was granted immunity by prosecutors investigating payments arranged by U.S. President Donald Trump's former personal lawyer, Michael Cohen, to silence two women who said they had sex with Trump, the Wall Street Journal reported on Wednesday.

Mexico says pushing for NAFTA deal, autos still a sticking point

Thu, 08/23/2018 - 4:38pm
Mexico's economy minister said on Thursday he was pushing for a quick deal with U.S. officials in the renegotiation of the North American Free Trade Agreement (NAFTA), with a breakthrough on new rules for auto production still elusive.

Mexico steel industry in Washington to discuss tariffs, quotas

Thu, 08/23/2018 - 4:37pm
Mexico's steel industry association Canacero said on Thursday it was called to Washington to discuss implementing steel quotas with the United States to replace the 25 percent tariffs U.S. President Donald Trump imposed on imports of the metal.

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