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By Antoni Slodkowski, Casey Hall and Scott Murdoch BEIJING/SHANGHAI/SYDNEY (Reuters) -Fears that employees of foreign firms risk entanglement with Chinese authorities have resurfaced after news that an employee of U.S. bank Wells Fargo has been banned from leaving the country. Business groups, diplomats and overseas executives say the incident is part of a long-term trend…
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Millions of taxpayers could see a lower tax bill next year due to the so-called “big, beautiful bill” that was signed into law on July 4 by President Trump, with a recent analysis finding that every income group will see some savings. On average, taxpayers will save about $2,900 per household in 2026, according to…
SINGORE, – Copper prices on the London Metal Exchange and the Shanghai Futures Exchange rose on Friday, supported by stronger-than-expected U.S. economic data and expectations of increased Chinese buying after the recent price dip. Three-month copper on the LME gained 0.13% to $9,679 per metric ton by 0104 GMT, rising 0.32% so far this week,…
SEOUL, South Korea (AP) — North Korea is banning the entry of foreign tourists to a recently opened mega beach resort, a move that dims prospects for the complex that leader Kim Jong Un hailed it as “one of the greatest successes this year.” DPR Korea Tour, a website run by North Korea’s tourism authorities,…
A mother and her young son who got lost in a dense California forest were rescued after search crews discovered handwritten notes the woman and boy had left behind, authorities said this week. The notes said “HELP” at the top and included information about where the pair was located, according to images posted on social…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Chinese brain drain ‘great loss’ for US, Nvidia CEO Jensen…
Introduction: China says ‘win-win cooperation is the right path’ as Nvidia H20 sales cleared Good morning and welcome to our rolling coverage of business, the financial markets and the world economy. Relations between the US and China appear to have warmed, slightly, after chipmaker Nvidia was given a green light by Washington to resume sales…
BRUSSELS (AP) — The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a lower oil price cap, a ban on transactions with Nord Stream gas pipelines, and the targeting of more shadow fleet ships, EU foreign policy chief Kaja Kallas said. “The message is clear:…
The Emmy Award-winning “CBS News Sunday Morning” is broadcast on CBS Sundays beginning at 9:00 a.m. ET. “Sunday Morning” also streams on the CBS News app beginning at 11:00 a.m. ET. (Download it here.) Hosted by Jane Pauley An introvert unhappy with the box she found herself in, writer Olga Khazan consciously strived to redesign her personality. …