Seattle, August 20, 2018 - The space company of billionaire Microsoft co-founder Paul Allen on Monday unveiled details of medium-lift rockets and a reusable...

U.S. consumer sentiment hits 11-month low, inflation in focus

August 17, 2018

Washington DC, August 17, 2018 - U.S. consumer sentiment fell to an 11-month low in early August, with households expressing concerns about the rising...

China, U.S. to hold lower-level trade talks in late August

August 16, 2018

Beijing, August 16, 2018 - China will hold a fresh round of trade talks with the United States in Washington later this month, Beijing...

Empty shipyard and suicides as ‘Hyundai Town’ grapples with grim future

August 13, 2018

ULSAN, South Korea, August 12, 2018 - When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in...

U.S. Treasury proposes tax rules on pass-through businesses

August 8, 2018

Washington DC, August 8, 2018 - The U.S. Treasury on Wednesday proposed tax regulations for a new 20 percent income tax deduction for owners...

China to slap additional tariffs on $16 billion of U.S. goods

August 8, 2018

Beijing-Washington DC, August 8, 2018 - China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and...

Seeking new growth drivers, Samsung plans $22 billion spending on new tech

August 8, 2018

Seoul, August 8, 2018 - Samsung Group will invest 25 trillion won ($22 billion) in artificial intelligence, 5G mobile technology, electronic components for autos,...