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U.S.

U.S. Trade Representative Jamieson Greer and U.S. Treasury Secretary Scott Bessent attend a news conference after trade talks with China, in Geneva on Monday.
BUSINESS / Economy
May 12, 2025
U.S. and China agree to lower tariffs in 90-day cooling-off period
The temporary move will give the world’s two largest economies three more months to resolve their differences.
People stand in front of a big screen displaying the Nikkei share average outside a brokerage in Tokyo late last month.
BUSINESS / Markets
May 12, 2025
Japan’s Topix extends rally to 12th day as tariff worries ease
The Topix closed 0.3% higher at 2742.08, giving it its longest winning streak since 2017.
Capsules of Takeda Pharmaceutical's Prevacid heartburn drug. The company's share price dropped by over 5% on Monday after U.S. President Donald Trump announced a plan to order a cut in U.S. prescription drug costs.
BUSINESS / Markets
May 12, 2025
Asian pharma stocks tumble on Trump signal to cut U.S. drug prices
The U.S. president's social media post put pressure on drug-related stocks on worries their profits will take a hit if they have to reduce prices in the U.S.
White South Africans rally outside the U.S. embassy in Pretoria, South Africa, on Feb. 15. Dozens of Afrikaners who claim discrimination in their home country left Johannesburg on Sunday. Their departure for the U.S. comes as the Trump administration has halted virtually all refugee admissions.
WORLD / Politics
May 12, 2025
First white South Africans board plane for U.S. under Trump refugee plan
South African authorities say the Trump administration has waded into a domestic political issue it does not understand.
Workers sew garments along a production line at Thanh Cong Textile Garment in Ho Chi Minh City, Vietnam, on April 28.
BUSINESS / Companies
May 12, 2025
Chinese factories are looking for the next China
Tariffs have resulted in the cost of sending products to the United States soaring in recent weeks, forcing companies to find new trade routes.
U.S. President Donald Trump pumps a fist as he disembarks Air Force One at Palm Beach International Airport, West Palm Beach, Florida, on April 11.
WORLD / Politics
May 12, 2025
Trump set to accept luxury jet as gift from Qatar
The super luxury Boeing 747-8 jumbo jet is to be used as Air Force One, sources told ABC News.
An electric vehicle factory in Ningbo, China, on April 9, 2024. For years, Xi Jinping, the leader of China, has planned to make the world dependent on its exports and know-how, but the strategy has costs for his own country.
BUSINESS / Economy
May 12, 2025
This is the trade conflict Xi Jinping has been waiting for
A willingness to weaponize the supply chain may be one of the starkest examples of how Xi is redefining China’s relationship with the world.
Philippine Army Brig. Gen. Michael Logico, who was involved in managing the latest iteration of the Balikatan U.S.-Philippine drills, told The Japan Times that he expects military ties with Japan to surge even further once Tokyo ratifies a key visiting-forces agreement with Manila.
JAPAN
May 12, 2025
Japan set for bigger role in Philippines after SDF’s debut in key drills
A top Philippine general has said he expects the Self-Defense Forces’ involvement in both bilateral and multilateral activities to grow substantially.
Pope Leo XIV, in his first public appearance after he was elected, on the balcony of St. Peter’s Basilica in Vatican City, on Thursday
WORLD / Politics
May 12, 2025
World Catholics see the first American pope as hardly American
The new pope, formerly Cardinal Robert Francis Prevost, has signaled that his identity will defy easy categorization.
U.S. President Donald Trump speaks with Saudi Arabia's Crown Prince Mohammed bin Salman at a G20 summit in Japan on June 28, 2019.
WORLD / Politics
May 12, 2025
Prospects of Saudi ties to Israel elusive as Trump seeks $1 trillion bonanza
Supporters of normalizing relations say it would bring stability and prosperity to the region, while countering Iran's influence.
Iranian Foreign Minister Abbas Araghchi (left) arrives in Muscat, Oman, on Sunday for nuclear talks with the U.S.
WORLD / Politics
May 12, 2025
Iran says nuclear talks 'difficult but useful' while U.S. is 'encouraged'
This was the fourth round of talks that began nearly a month ago, with both sides having reported progress in the previous three rounds.
Varda Ben Baruch, grandmother of hostage Edan Alexander, points at the portrait of her grandson at Kibbutz Nir Oz, in southern Israel on April 20.
WORLD / Politics
May 12, 2025
Hamas says it will release Israeli-American hostage Edan Alexander
Israeli officials said that their offensive will continue until the remaining 59 hostages are freed and Gaza is demilitarized.
(L to R) German Chancellor Friedrich Merz, France’s Emmanuel Macron, Ukrainian leader Volodymyr Zelenskyy, Keir Starmer of the U.K. and Poland’s Donald Tusk following a news conference at St. Mary’s Palace in Kyiv on Saturday.
WORLD / Politics
May 12, 2025
Trump’s Ukraine push coming to a head with challenge to Putin
Following a weekend of hectic diplomacy, Zelenskyy said he will travel to Istanbul on May 15 where Putin has proposed direct negotiations between the two countries.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva on Sunday.
BUSINESS / Economy
May 12, 2025
U.S. and China cite ‘substantial progress’ in Geneva trade talks
U.S. negotiators described "substantial progress" and also said details would be announced Monday.
Yantian port in Shenzhen, Guangdong province, China. Investors are cautiously optimistic that U.S.-China trade talks underway in Switzerland will ease tensions and market volatility, though few expect a major breakthrough amid deep-rooted disputes and high tariffs.
BUSINESS / Markets
May 11, 2025
Wary investors hope U.S.-China talks cool high-stakes trade war
The highly anticipated meeting in Switzerland could mark one of the biggest developments since U.S. President Donald Trump launched sweeping tariffs on April 2.
The flags of the U.S. and Iran hang on the road leading to the Muscat International Book fair in Oman on April 25.
WORLD / Politics
May 11, 2025
Iran and U.S. to resume nuclear talks amid clashing red lines
Though Tehran and Washington both have said they prefer diplomacy to resolve the decadeslong dispute, they remain deeply divided on several red lines.
Prime Minister Shigeru Ishiba speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy
May 11, 2025
Ishiba vows Japan will stand its ground, demanding U.S. lift auto tariffs
The U.S. is an important market for the Japanese automobile industry, accounting for about 20% of its total car exports in terms of volume and about 30% in terms of value.
Eric Trump, executive vice president of the Trump Organization and the U.S. president's son, looks over the proposed plan ahead of the signing ceremony with Qatar's Diar and Dar Global in Doha on April 30.
WORLD / Politics
May 11, 2025
As Trump family's Gulf empire grows, rulers seek influence, arms and tech
Ahead of U.S. President Donald Trump's Gulf visit next week, his son Eric was promoting his crypto firm in Dubai, while Don Jr prepared to talk about "Monetizing MAGA" in Doha.
Islamic State billboards are seen along a street in Raqqa, eastern Syria, which is controlled by the Islamic State, on Oct. 29, 2014. The billboard (R) reads: "We will win despite the global coalition."
WORLD
May 11, 2025
Qataris search for bodies of Americans killed by Islamic State in Syria
Islamic State, which controlled swathes of Syria and Iraq from 2014-2017, killed numerous people in captivity and released videos of the murders.
U.S. Treasury Secretary Scott Bessent takes questions at the White House on April 29. Bessent, a former hedge fund manager, is leading trade talks with China in Geneva.
BUSINESS / Economy
May 11, 2025
U.S. and China conclude first day of talks in bid to ease trade war
U.S. President Donald Trump said negotiators had "a very good meeting” on their first day of an effort to deescalate the rivals' trade war.

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