Finance

Asian markets took heart Monday from revived hopes for progress in trade negotiations between the U.S. and China after President Donald Trump met with China’s Xi Jinping at the Group of 20 summit in Japan. But the latest data suggested the prolonged trade conflict between Washington and Beijing is taking a further toll on regional […]

Japan is imposing further restrictions on exports to South Korea, citing a decline in “relations of international trust” between the Asian neighbors. The Ministry of Economy, Trade and Industry said a review soliciting public comments starts Monday on the move to effectively remove South Korea from a list of so-called “white nations” that have minimum

Vietnam and the European Union signed a free trade agreement on Sunday, opening opportunities to further boost trade between the euro bloc and one of Southeast Asia’s biggest manufacturing nations. The agreement, which was signed by European Commissioner for Trade Cecilia Malmstrom and Vietnamese Trade Minister Tran Tuan Anh in Hanoi, Vietnam‘s capital, will eliminate

BEIJING/OSAKA, June 30 (Reuters) ― China and the United States will face a long road before they can reach a deal to end their bitter trade war, with more fights ahead likely, Chinese state media said after the two countries’ presidents held ice-breaking talks in Japan. The world’s two largest economies are in the midst

In its 2018 decision, the state Supreme Court ruled that workers should be considered employees if they perform a task that’s part of the “usual course” of a company’s business. Most legal experts concluded that driving was central to Uber’s business and that drivers must be considered employees under the ruling, said Veena Dubal, a

OSAKA, Japan — The spin from President Trump and China’s propaganda machines on Saturday portrayed a truce in a trade war that has shaken economies and markets around the world. Tariffs won’t rise further, at least not yet. And the United States will loosen its potentially devastating punishments against Huawei, China’s most successful multinational company.

The DuPont Co. massively downplayed the cost of environmental liabilities with which Chemours would be saddled when DuPont spun off its former performance chemicals unit in 2015, according to a lawsuit unsealed Friday. The maximum liability exposure figures that DuPont certified prior to the spinoff have proven to be “systematically and spectacularly wrong,” Chemours alleges.

“These features work,” Ms. Connolly said. “But they are not reducing car insurance rates because they are expensive to repair.” And many advanced safety systems are available only on newer cars and aren’t always standard, so their full impact hasn’t yet been seen. The average surcharge for using a cellphone or texting while driving has

U.S. stocks edged higher in afternoon trading on Wall Street Friday as investors closed a wobbly week ahead of key trade talks between the U.S. and China. Every major index was headed for a weekly loss, but still solidly on track to close the month and quarter with gains. The latest early push marks the

Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors’ appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by CEO Julie Wainwright, debuted on the Nasdaq Stock Market and is listed