WASHINGTON -- The U.S. trade deficit in goods reached a record high of $1.21 trillion in 2024, up 50% from 2017, government data shows, bringing into question whether President Donald Trump's tariffs ...

HONG KONG -- Yum China Holdings, the operator of KFC and Pizza Hut in the mainland, reported record revenue and profits for the final quarter and full year in 2024, amid consumption headwinds hitting ...

TOKYO -- Asian private equity firm MBK Partners will purchase FICT, the Japanese manufacturer that made advanced circuit boards for the nation's Fugaku supercomputer, in a deal announced Thursday.

TOKYO -- Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump will agree to promote joint development of artificial intelligence and semiconductors during their summit Friday in ...

TOKYO -- Hong Kong asset manager Gaw Capital Partners plans to purchase Tokyo shopping center Tokyu Ginza Plaza, Nikkei has learned, in a deal estimated to be worth over $1 billion. Gaw Capital will ...

TAIPEI/TOKYO -- Nissan Motor's decision to halt merger talks with Honda Motor could re-open the door to Taiwan's Foxconn, the contract manufacturing giant with designs on moving into the electric ...

(Reuters) -- Russian state-owned lender Sberbank on Thursday said it disagreed with a U.S. court's decision to reject the bank's right to sovereign immunity in a case brought by the family of a victim ...

TOKYO -- Nippon Steel sees the acquisition of U.S. Steel -- a deal that was blocked last month by former President Joe Biden -- as a key option for countering the impact of tariffs planned by new ...

LONDON (Reuters) -- AstraZeneca has been approached a couple of times by Chinese authorities about their investigation into the drugmaker's former senior executive Leon Wang and has provided ...

Cutting-edge logic chips for data centers and memory chips used for AI smartphones and PCs are both expected to fuel the ...

Naoki Tamura said the BOJ must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, a remark that reinforced bets of a near-term rate hike.

HONG KONG -- Chinese e-commerce platforms like Temu, Shein and Alibaba's AliExpress are racing into the unknown as U.S. President Donald Trump puts his stamp on trade and customs policy.