The U.K.'s Foreign Secretary Dominic Raab is in Washington to meet with Secretary of State Mike Pompeo and House Speaker Nancy Pelosi, among other senior officials, as Britain seeks to reassure its U.S. partners on Brexit negotiations.
Over 22 million creators made more than 41.7 billion yuan ($6.15 billion) on the platform over the past year, ByteDance China CEO Kelly Zhang said at the Douyin Creator Conference in Shanghai.
ByteDance is known as China's most famous consumer app factory. The company is behind social media apps like international sensation TikTok, Douyin, and AI-powered news aggregator Toutiao. CNBC's Nessa Anwar explores the meteoric rise of the Chinese tech giant.
Finnish energy firm Neste is seeing a so-called "K-shape" recovery from the coronavirus pandemic, with different segments of the business on opposite trajectories, CEO Peter Vanacker said.
Australia and China need to find common ground despite their differences, as the economic relationship between the two is an important one, said John Howard, former Australian prime minister.
Singapore is turning to domestic tourism as borders remain largely closed to leisure travelers, said Chaly Mah, chairman of the Singapore Tourism Board.
"The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That's only become more clear," said StanChart's CEO Bill Winters.
Suga, 71, Abe's longtime right-hand man, has pledged to pursue many of Abe's programs, including his signature "Abenomics" economic strategy, and to forge ahead with structural reforms, including deregulation and streamlining bureaucracy.
Apple supplier stocks in the region will be watched by investors after the Cupertino-based tech giant on Tuesday announced new devices and services, including a new Apple Watch and two new iPad models.
In the next 5-10 years, interest rates will normalize and companies will face "plenty of headwinds" that put pressure on earnings, said Blackstone's Executive Vice Chairman, Tony James.
In places where there are no or only few new cases of the virus, "the decision to close schools should be a last resort," WHO Director-General Tedros Adhanom Ghebreyesus said.
Total exports fell 14.8% year-on-year in August, highlighting the immense task that Yoshihide Suga, who is assured to be elected prime minister later on Wednesday, faces in driving an economic recovery.
President Donald Trump denied that he had downplayed the threat of the coronavirus, claiming he "up-played" the danger of the disease through his actions.
Sanjiv Misra of Clifford Capital Holdings said the bifurcation between the health of the global economy and the state of the capital markets bothers him.
A three-person panel of WTO trade experts said Washington broke with global regulations in 2018 when it slapped more than $200 billion in levies on a slew of Chinese goods. Since March 2018, the United States has imposed tariffs on $400 billion in Chinese exports.
Singapore residents with an Apple Watch can use a new LumiHealth app to earn rewards of up to $380 Singapore dollars — about U.S. $280 — for activities like meditation, walks, swimming, better quality sleep, as well as public health actions like getting immunized.
For the first time, the Apple Watch can fulfill the Dick Tracy vision of a standalone phone on your wrist. The Family Setup feature is geared toward kids without phones, but it's a first step toward total independence.
The move was triggered by a border stand-off with China in the snow deserts of Ladakh that began in May and escalated in June into hand-to-hand combat. Twenty Indian soldiers were killed while China suffered an undisclosed number of casualties.
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