Working groups will discuss key issues in new trade talks, but Seoul must hold an election before it can make commitments on big energy projects and defence costs

Politburo has opted to implement policies quicker rather than launch new spending measures, to maintain flexibility in a fast-changing external environment

US tech giant will have to ramp up manufacturing in India to avoid tariffs on the 60-plus million iPhones it sells in the US

Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet

Many export firms have baulked at Beijing's call to focus more on the domestic economy, amid weak demand, low profits and issues stemming from the lack of a social security net

China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war

Commentators deride retreat in posturing, but Asian and global markets all rose after US President said tariffs imposed on China are likely to be substantially lower than 145%

Banking sources say the net payments system is designed for large corporations and works directly with 11 Chinese provinces

International Monetary Fund says Trump's tariffs were "a major negative shock" for the global economy and most economies will see slower growth in the near-term

Vance pushes energy and defence deals while discussing a trade agreement and global issues with Modi on his short Indian visit

The 737 MAX 8 landed in Guam after leaving Boeing's Zhoushan completion centre near Shanghai on Monday, tracking data showed

Trump proposed fees on China-built ships of up to $1.5 million a port call, but officials opted instead to levy fees based on net tonnage, or each container, or car, unloaded