Finance

Asian shares advanced Friday despite fresh concerns over a report that cast doubt on the prospects for a long-term U.S-China trade deal. Hong Kong’s Hang Seng rose 0.7% to 27,082.69 and the Shanghai Composite jumped 0.9% to 2,955.29. In South Korea the Kospi climbed 0.8% to 2,100.20. In Australia, the S&P ASX/200 inched up 0.1% […]

Amazon must decide soon if it will protest the Pentagon’s awarding of a $10 billion cloud computing contract to rival Microsoft, with one possible grievance being the unusual attention given the project by President Donald Trump. Amazon was long thought to be the front-runner in the competition for the huge military contract. Its Amazon Web

With home sales crashing, real estate agent Zhang Yonggang is tightening his belt, part of a plunge in Chinese consumer demand that is a bigger threat to economic growth than Beijing’s tariff war with Washington. Zhang, who works in the central city of Taiyuan, said his office sold no apartments last month after Beijing tightened

Steps from Hong Kong’s main tourist strip, Ashfaqur Rahman’s tailor shop usually is a mainstay for tourists dropping in to peruse neatly stacked rolls of fabric and get measured for custom-made suits. Interested in China? Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC

A former top aide to WeWork co-founder Adam Neumann is accusing him and other executives of discriminating against her for becoming pregnant. Medina Bardhi says in a federal complaint filed Thursday that she was demoted, derided for going on leave, and ultimately fired for raising concerns. Bardhi, who was Neumann’s chief of staff until she

President Donald Trump’s campaign delivered a brushback pitch during the final game of the World Series with an in-your-face national TV ad more than a year before the 2020 election. The swaggering TV spot was complete with an image of Trump presiding over the weekend raid that killed Islamic State leader Abu Bakr al-Baghdadi. It

U.S. long-term mortgage rates rose this week for the third straight week, while remaining historically low and far below their levels of a year ago. Mortgage giant Freddie Mac says the average rate for a 30-year fixed-rate mortgage increased to 3.78% from 3.75% last week. By contrast, the key average rate stood at 4.83% a

It’s no picnic at Kraft Heinz Co. Four years after a merger that promised growth and innovation, the maker of iconic brands like Oscar Meyer, Kool-Aid and Jell-O is struggling to find its place in a rapidly changing market. Sales are faltering as consumers increasingly seeking fresh, minimally processed foods. In a recent Nielsen survey,

Twitter announced an end Wednesday to political campaign and issue ads on its service, calling it an important step in reducing the flow of election-related misinformation. But some of its users might face an unintended consequence or two. Among those potentially affected could be public-interest nonprofits eager to reach an audience larger than their official

Europe’s economy is losing strength. Top officials at the European Central Bank are at odds over policy. And it’s even unclear whether they can do much to help anyway. It adds up to a full in-tray for Christine Lagarde as she takes over as ECB president on Friday. The former head of the International Monetary