Emerging markets lead return to calm after Brexit storm

Financial markets across the globe are bouncing back toward pre-Brexit levels.

TOKYO -- Stock markets in emerging nations are showing dramatic signs of recovery one week after the British public voted to leave the European Union.

  • Rodrigo Duterte takes oath, promises to relentlessly fight crime

    MANILA -- Philippine President Rodrigo Duterte, in his inaugural address on Thursday, said he will make good on his promise to free the country from c...

  • SEC nosing around SoftBank after shareholder complaints

    TOKYO -- The reported investigation by U.S. regulators into former SoftBank Group President Nikesh Arora comes on the heels of shareholder accusations...

  • Interview

    Sony aims to wow consumers with unique hardware: CEO

    TOKYO -- With an end to restructuring in sight for its electronics operations, Sony is finally back in the race. The company will now cultivate new ma...

  • Taiwan cuts rate as Brexit seen hurting exports

    TAIPEI -- Taiwan's central bank on Thursday slashed a key interest rate for the fourth consecutive quarter in the hopes of bolstering the island's exp...

  • Foxconn misses June target to finish Sharp takeover

    OSAKA -- Taiwan's Hon Hai Precision Industry was unable to complete its acquisition of Sharp in June as intended, thwarted by a time-consuming antitru...

  • Economy top priority for Mongolia's new ruling party

    ULAANBAATAR -- Fresh off its blowout victory in the parliamentary election, the Mongolian People's Party has begun selecting a prime minister and a ca...

  • US takes Thailand off human trafficking blacklist

    WASHINGTON (AP) -- The United States removed Thailand from its human trafficking blacklist on Thursday, though forced labor remains widespread in the ...

  • Japan execs with 100m yen in pay reach record

    TOKYO -- A record number of directors at Japanese companies received 100 million yen ($968,300) or more in compensation for the year ended in March, b...

  • Formosa Plastics fined $500m over toxic waste in Vietnam

    HANOI -- The Vietnamese government on Thursday ordered Taiwan's Formosa Plastics Group to pay a $500 million fine for discharging toxic waste from its...