The Biden administration has vowed to continue negotiating an ambitious Asia trade deal, but election-year pressures and resistance to tough commitments from some countries make a deal unlikely, trade experts and business groups say.
Days after General Motors’ Cruise self-driving car unit pulled all of its vehicles off the roads in the U.S. for a safety review, it continues to test them on public roads in Dubai and Japan, Reuters has learned.
U.S. President Joe Biden and Chinese President Xi Jinping will meet on Wednesday before a summit of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, seeking to reduce friction in what many see as the world's most dangerous rivalry. The leaders of the world's two largest economies have known each other for over a decade and have shared hours of conversation in six interactions since Biden's January 2021 inauguration. But they have met only once in person since then and Xi has not visited the United States since 2017 when Donald Trump was president.
China's leaders, determined to upgrade manufacturing, are steering money toward makers of high-tech products, from semiconductors to EVs, raising fears that overcapacity will fuel...
Dubai will stage its high-profile aerospace pageant next week against the backdrop of the Israel-Hamas war in Gaza that is pushing up demand for weapons while closing airspace and making flights longer and more expensive for some airlines.
The Bangko Sentral ng Pilipinas (BSP) recognized nine outstanding institutional partners from Mindanao during the 2025 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC), held in Butuan City.
A delegation from the Japan International Cooperation Agency (JICA) Parliamentary League, led by Chairperson Ms. Obuchi Yuko, visited Tanza Elementary School in Navotas City to observe the community-based activities of the Japanese nonprofit organization (NPO) Action.
A regional trial court, following a case buildup by the Securities and Exchange Commission (SEC), has convicted five employees of JRL Kwarta Trading Co. for illegally soliciting investments from the public without proper registration.
The country's chief executives remain broadly confident in the outlook of the various industries over the next 12 months despite persistent challenges such as corruption, macroeconomic volatility, and geopolitical risks, according to the CEO Survey 2025 conducted by the Management Association of the Philippines (MAP) and Isla Lipana & Co./PwC Philippines.