MANILA, Philippines (AP) — Asian shares were mostly higher on Friday after U.S. stocks ran up to the edge of another record. U.S. futures and oil prices also logged slight gains. Investors were watching for further details after President Donald Trump said the U.S. and China had signed a trade deal. Commerce Secretary Howard Lutnick…
WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates…
TOKYO (AP) — Global benchmarks mostly rose Tuesday, echoing a rally on Wall Street after President Donald Trump appeared to let up on some of his tariffs and as stress from within the U.S. bond market seemed to be easing. Still, the Trump administration took further steps toward imposing more tariffs, saying it was investigating…
BANGKOK (AP) — Asian shares sank again on Wednesday as the latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, was due to take effect. Japan’s Nikkei 225 index initially lost nearly 4% and markets elsewhere in the region also declined. On Tuesday, the S&P 500 dropped 1.6% after wiping out…
TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Tuesday his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect from Wednesday. Ishiba told reporters he is willing to fly to Washington to negotiate directly with Trump. The…
TOKYO (AP) — U.S. Defense Secretary Pete Hegseth called Japan on Sunday an “indispensable partner” in deterring growing Chinese assertiveness in the region and announced upgrading the U.S. military command in Japan to a new “war-fighting headquarters.” Hegseth, who is on his first Asia trip with Japan as his second stop, also stressed the need…
TOKYO (AP) — Asian shares were trading mixed Monday, as investors found bargains despite worries about U.S. President Donald Trump’s tariffs. Japan’s benchmark Nikkei 225 finished little changed, rising less than 0.1% to 38,801.17. The Japanese government reported a record current account surplus last year of 29 trillion yen ($191 billion), underlining strong returns on…
BANGKOK (AP) — Asian shares were mostly higher Thursday in thin post-Christmas holiday trading, while oil prices rose. Japan’s Nikkei 225 index surged 0.8% to 39,449.55, on strong gains in retailers and tourism-related stocks after Japan agreed to ease visa conditions for Chinese tourists. Isetan Mitsukoshi Holdings, a major department store group, gained 7%. J….
BEIJING (AP) — Japanese Foreign Minister Takeshi Iwaya met with top Chinese leaders Wednesday during his visit to Beijing, the first since the heads of the two countries met at a summit in Peru last month, in an effort to make positive inroads in the bilateral relationship. The two neighbors have had a tense relationship…
MANILA, Philippines (AP) — The United States deployed a reconnaissance aircraft while Japan and the Philippines sent navy ships in a joint patrol in the disputed South China Sea on Friday, two days after the allied forces condemned actions by Chinese coast guard vessels against Philippine patrol ships. The U.S. Indo-Pacific Command said the joint…