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BEIJING (Reuters) – China’s ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington’s ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources. FILE PHOTO: A ZTE smart phone is pictured in this illustration taken April 17, 2018. REUTERS/Carlo Allegri/Illustration/File Photo The report […]

(Reuters) – Some Boeing Co (BA.N) workers at the planemaker’ s factory in South Carolina will vote on union representation later this month, the Wall Street Journal reported on Monday, citing U.S. labor regulators. FILE PHOTO: Boeing’s logo is seen during the Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim […]

BEIJING (Reuters) – Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential for win-win business cooperation. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly […]

SEOUL (Reuters) – South Korea’s fourth-largest conglomerate LG Group said its Chairman Koo Bon-moo passed away on Sunday due to illness. FILE PHOTO – LG Group chairman Koo Bon-moo meets U.S. President Barack Obama (not pictured) as they attend the groundbreaking of a factory for Compact Power Inc. in Holland, Michigan, U.S. July 15, 2010. […]

WASHINGTON/BEIJING (Reuters) – China is “meeting many” Trump administration demands to cut its trade surplus with the United States, but a definitive deal to resolve deep trade differences could take a while to develop, White House economic adviser Larry Kudlow said on Friday. “China has come to trade,” Kudlow told reporters at the White House […]