In Beijing and Shanghai—two China’s largest housing markets—and other megacities, property sales have stalled and prices have dropped, and the high levels of debt that fueled a housing boom make the slowdown particularly perilous.
A trade war between the U.S. and China would be more bruising and protracted than the battles that raged in the 1980s over Japanese exports, and would risk taking down the entire global trading architecture.
The number of foreign visitors to Japan rose 19% to nearly 29 million last year to set a record on the road to the government’s target of 40 million by 2020, when Tokyo plays host to the Summer Olympics.
The Pentagon is planning to develop two new sea-based nuclear weapons to respond to Russia and China’s growing military capabilities, according to a sweeping Defense Department review of nuclear strategy.
The saga of a police pilot and former actor who authorities said stole a helicopter in June and tossed grenades over official buildings took another violent turn as government forces said they had engaged in a bloody shootout with him and supporters at th
Former lawmaker Mohamed Anwar Sadat said he wouldn’t seek the country’s presidency in March, an unexpected move that draws focus on an election where many say the odds are already stacked in favor of the state-backed incumbent.
The sinking of an Iranian tanker in the East China Sea left cleanup crews battling to contain environmental damage on two fronts—an oil slick on the surface and the light crude and engine oil carried toward the seafloor.
The Trump administration is preparing to withhold tens of millions of dollars from the U.N. agency for Palestinian refugees, cutting the year’s first contribution by more than half or perhaps entirely, and making additional donations contingent on
Recent attacks against Russian bases on Syria’s Mediterranean coast by improvised combat drones have exposed weaknesses in President Vladimir Putin’s efforts to cement a permanent military presence there.
Rappler, a popular news website that has been critical of the government of Philippine President Rodrigo Duterte, was shut down by the country’s securities regulator, a move the company called harassment.
The two Koreas agreed to meet for a second time on Monday to work out plans on how to accommodate North Korea’s participation in next month’s Winter Olympics, in talks that are likely to determine how closely the two rivals will interact on
In 2014, Matteo Renzi swept to power on promises to ‘demolish’ the country’s discredited political establishment and revive its economy. A year after his resignation, his popularity—and his party’s—is plummeting.
The Trump administration extended sanctions relief under the landmark 2015 Iran nuclear agreement, keeping the deal intact for at least another several months, but said it would issue no more such waivers as it negotiates a modified deal.
Saudi Arabia is assuming supervisory control of the Saudi Binladin Group and could take a stake in the construction giant, people familiar with the matter said, a sign of Crown Prince Mohammed bin Salman’s willingness to disrupt the established cor
The Czech Republic’s presidential vote on Friday and Saturday is set to be an illuminating moment for a region where some believe better relations with Russia can be a counterweight to the influence of the European Union and Washington.