Asia

Trump reiterates that he spoke with China's Xi, offers no details

U.S. President Donald Trump on Friday said he had spoken with Chinese President Xi Jinping numerous times but did not say when the two...

Asia close: Stocks mostly higher, save in Shanghai

Stock markets in the Asia Pacific region were mostly higher on Friday, following reports that Beijing might walk back its 125% tariffs on certain...

Toyota chairman proposes possible $42 billion acquisition of Toyota Industries, Bloomberg reports

Toyota Motor Chairman Akio Toyoda has proposed the acquisition of supplier Toyota Industries in a possible 6 trillion yen ($41.8 billion) deal, Bloomberg News...

China considers exempting some goods from US tariffs, source says

China is considering exempting some U.S. imports from its 125% tariffs and is asking businesses to provide lists of goods that could be eligible...

Meta Lays Off More Than 100 Employees Across Reality Labs Unit

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according...

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