Malaysia says it will not cancel a skyscraper project billed as the tallest in the region even though 3 billion ringgit ($747 million) from the venture has been misappropriated by the 1MDB state fund linked to former premier Najib Razak.
China on Thursday accused the United States of using bullying tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports, ramping up criticism that the measures levied in the name of balancing trade would harm both countries' companies and the world economy.
Asian stock markets mostly rose Thursday as concern fades over the trade tensions between the U.S. and China. Uncertainty remains, but the original tariff threats made earlier in the week were not followed by material action.
Kevin Freking and Paul Wiseman, Associated Press | PostedJun 20th - 10:49pm
Pointing to damage done to home-state companies, lawmakers from both parties Wednesday criticized tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security.
Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014.
Mike Schneider, Associated Press | PostedJun 20th - 9:07pm
Florida's busiest airport is becoming the first in the nation to require a face scan of passengers on all arriving and departing international flights, including U.S. citizens, according to officials there.
John Hanna, Associated Press | PostedJun 20th - 8:30pm
Kansas Secretary of State Kris Kobach unsuccessfully sought a governor's pardon for a corporate campaign donor's vice president whose crime, police said, involved threatening a cab driver by putting a gun to his head.
Thousands of live animals along with tons of meat, ivory, pangolin scales and timber were seized in a monthlong global crackdown on the illegal wildlife trade that Interpol said exposed the international reach of traffickers.