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NEW YORK (AP) — Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist Party won him legions of online followers and powerful friends in the American conservative movement, was convicted by a U.S. jury Tuesday of engaging in a massive multiyear fraud that ripped off some of his most devoted fans.
Elon Musk has said he is planning to pledge about $45 million a month to a newly formed super PAC backing former President Donald Trump's White House bid, the Wall Street Journal reported Monday, citing people familiar with the matter.
The fate of Guo Wengui, the exiled Chinese billionaire whose opposition to the Chinese Communist Party made him a darling of the American right, rests with a Manhattan jury after his fraud and money-laundering trial came to a close on Thursday.
TOKYO -- Spain's economy minister said the European Union must stand its ground in negotiations with Beijing over electric vehicle imports following the bloc's implementation of hefty provisional duties against Chinese EVs.
SEJONG, South Korea -- South Korea's export-oriented growth model requires a "decisive upgrade" that involves narrowing the productivity gap between smaller companies and the conglomerates that dominate the economy, argues a report released on Thursday.
(Reuters) -- Hong Kong's CK Infrastructure, part of conglomerate CK Hutchison, said on Thursday it is exploring a secondary listing on an overseas stock exchange such as London.
The world’s largest maker of memory chips and smartphones said operating profit grew more than 15-fold to 10.4 trillion won (US$7.5 billion) in its preliminary results for the June quarter, outstripping market projections.
TOKYO -- Indonesia's plan to introduce new import tariffs on items like clothing and cosmetics is not the answer for local industries struggling to grow, the head of a major local business group, said in an interview in Tokyo.