Business Highlights: A summary of the day’s top stories in the business world.
Federal authorities are seeking a man accused of misusing more than $30 million donated by religious groups and individuals for ministry in China.
The death toll from recent flooding in China’s capital has risen to 33, including five rescuers, and another 18 people are missing.
A federal prosecutor has told a judge that the mother of a U.S. Navy sailor charged with providing sensitive military information to China encouraged him to cooperate with a Chinese intelligence officer.
Stocks closed lower on Wall Street as worries about the banking system and the global economy inject more caution into financial markets worldwide.
A senior Japanese politician is advocating for increasing his country’s deterrence ability to ensure peace in the region, and called for that message to be clearly conveyed globally — particularly in China.
Asian shares are mostly trading lower after worries about the U.S. banking system set off a decline on Wall Street and amid concerns closer to home about Chinese economic growth.
China’s exports tumbled by double digits in July, adding to pressure on the ruling Communist Party to reverse an economic slump.
A Sri Lankan air force training aircraft has crashed, killing the pilot and flight engineer. An air force spokesperson says the Chinese-built PT-6 plane crashed during a training flight two minutes after taking off from the air force academy at China Bay base in the eastern city of Trincomalee.
China has released a new documentary about the army’s preparation to attack Taiwan and showcasing soldiers pledging to give up their lives if needed as Beijing continues to ramp up its rhetoric against the self-ruled island.
An earthquake in eastern China before dawn has knocked down houses and injured at least 21 people, state media report, but no deaths have been reported.
Rain continued to pelt northeastern China in the wake of Typhoon Doksuri as authorities reported more fatalities and missing people while evacuating thousands more.
It is navigating unprecedented conditions in American democracy while trying to fight back against relentless attacks on its own credibility and that of the U.S. election system.
Former New Jersey Gov. Chris Christie has become the second 2024 Republican presidential hopeful to visit Ukraine.
China is lifting a stifling 3-year-old tariff on Australian barley in a sign of an improving bilateral trade relationship since Australia’s government changed.
New Zealand plans to boost its defense capabilities as tensions rise in the Pacific, due in part to a military buildup by China.
American cyclist Chloe Dygert romped to the individual pursuit world title on Thursday in Glasgow, Scotland.
U.S. officials say two Navy sailors have been arrested on charges related to national security and ties to China.
Saudi Arabia says it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices.
Asian stocks markets are mixed after Wall Street sank for a third day following an interest rate hike in Britain. Shanghai and Hong Kong advanced. Tokyo retreated.
China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games.
A typhoon that damaged homes and knocked out power on Okinawa and other southern Japanese islands this week is slowly moving west but is forecast to make a U-turn and dump even more rain on the archipelago.
Somalia’s sports minister has publicly apologized after a seemingly untrained female sprinter represented the African country at the World University Games in China and took more than 20 seconds to finish a 100-meter race.
The United States has expressed concerns over major land reclamation projects in Manila Bay, where its heavily secured embassy sits on one edge.
A powerful typhoon has slammed Okinawa and other islands in southwestern Japan Wednesday with high winds injuring more than 30 people, three seriously, as it moved west making its way toward mainland China for now.
Taiwan has detained an army officer and several collaborators on suspicion of handing military secrets to China.
China’s capital has recorded its heaviest rainfall in at least 140 years over the past few days as remnants of Typhoon Doksuri deluged the region, turning streets into canals where emergency crews used rubber boats to rescue stranded residents.
An Australian Senate committee has recommended a ban on the Chinese-owned video-sharing app TikTok from federal government devices be extended to China’s most popular social media platform, WeChat.
Starbucks reported record revenue in its fiscal third quarter as sales in China roared back to life.
Chinese state media say days of unusually heavy rains around China’s capital, Beijing, have flooded houses, torn apart roads and left at least 20 people dead and 27 missing.