Biden, Xi seek cooperation in longer-than-expected summit
US PRESIDENT Joseph R. Biden and Chinese leader Xi Jinping spoke of the need for cooperation in their first face-to-face summit, which went on longer than expected even though they announced no major breakthroughs.
Asia’s hungry travel sector misses key ingredient — China
ASIAN countries anticipating a sharp tourism rebound may find that their much-awaited reopening won’t have the same boost without Chinese travelers.
NASA unlikely to send crew to moon until 2026 or later — watchdog
WASHINGTON — A US government watchdog on Monday said NASA failed to accurately estimate the cost of returning astronauts to the moon and forecast the space agency would not likely complete the mission until “2026 at the earliest.”
Biden signs $1 trillion infrastructure bill into law
By Andrea Shalal and Steve Holland
WASHINGTON - President Joe Biden signed into law a $1 trillion infrastructure bill at a White House ceremony on Monday that drew Democrats and...
Coal shares lose ground after Glasgow climate deal
By Tom Westbrook
SYDNEY - An international agreement to reduce coal use dragged miners' shares lower on Monday, but tight supply of the commodity provided a floor...
N.Korea’s Kim visits new city in first public outing in over a month
By Hyonhee Shin
SEOUL - North Korean leader Kim Jong Un visited a new city being built near the border with China and a sacred mountain revered...
Tesla’s Musk sells $930 mln in shares to cover stock option tax – filings
Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities...
WTO says goods trade slowing due to supply issues, cooler demand
GENEVA - Global goods trade is slowing after a sharp rebound following the initial shock of the COVID-19 pandemic as production and supply disruptions...
Was Glasgow pact a win for climate? Time will tell
GLASGOW — Its ambition was clear: the U.N. climate summit was meant to secure a deal to give the world a chance to avert the worst impacts of climate change by capping global warming at 1.5 degrees Celsius (2.7 Fahrenheit) above pre-industrial levels.
China blames cold-chain foods for coronavirus flareup in major port city Dalian
CHINA has linked the coronavirus outbreak in Dalian, a major port city that has become the country’s latest hotspot, to cold-chain foods and authorities are stepping up scrutiny of imported products.
Japan’s economy shrinks more than expected as supply shortages hit
TOKYO — Japan’s economy contracted much faster than expected in the third quarter as global supply disruptions hit exports and business spending plans and fresh coronavirus disease 2019 (COVID-19) cases soured the consumer mood.
Biden advisers say pandemic, not policies, fueling inflation
[HED] WASHINGTON — US President Joseph R. Biden, Jr.’s economic advisers defended his policies on Sunday amid rising inflation that they said was a global issue related to the coronavirus disease 2019 (COVID-19) pandemic, not a result of the administration’s programs.