With the ultimate aim of and as part of its push for expanding its relatively small penetration among Chinese travelers, Airbnb is aiming to boost its presence in Japan, director of the host and homes business at the home-sharing service, Parin Mehta, said in a TV interview recently.  ...

Plunking down cold, hard cash is doing right this week for U.S. airlines.   The passenger who was dragged off a plane and bloodied has agreed to a settlement with United. And Delta followed the footsteps of United and said that it would pay as much as $10,000 to passengers who agree to give...

According to new research from Capital Economics, a number that has been rising steadily for years is holdings of about $2.6 trillion in overseas earnings by American companies even as they are looking to avoid paying domestic tax rates.   The U.S. rate would be lowered to incentivize...

In a potential setback to President Donald Trump's promise to boost growth, as consumer spending barely increased and businesses invested less on inventories, the U.S. economy grew at its weakest pace in three years in the first quarter.   The Commerce Department said on Friday that as the...

With caution setting in as the European Central Bank met and unconvincing U.S. tax cut plans cooling investors' spirits, a record-setting rally in world stocks ran out of steam on Thursday.   After six days of unbroken gains fueled by relief at the outcome of the first round of France's...

A cyber security firm said that before Hyundai Motor Co fixed the bug in March, the company's vehicles susceptible to theft from high-tech thieves for three months due to software vulnerabilities in a Hyundai app that lets a car be started remotely.   Tod Beardsley, research director with...

Post Brexit, British tourists are now avoiding more expensive foreign trips following a plunge in the pound and holiday cabins in the country are getting filled up. With British consumers seeking ways to make their money go further as rising inflation squeezes their incomes, this turnaround in the...

Tommy Koh, ambassador-at-large for Singapore's Ministry of Foreign Affairs, said that rising protectionism in the West has become a threat to Asia's prosperity.   "I worry about the rise of protectionism and economic nationalism in the U.S. and in Europe. I see this as a direct threat to the...

The clearest signal yet that OPEC plans to extend into the second half of the year a deal with non-OPEC producers to curb oil supplies was given out by leading Gulf oil producers Saudi Arabia and Kuwait.   Saudi Energy Minister Khalid al-Falih said on Thursday that even though there is as...

For years, Danish governments have been keeping a tight lid on immigration under pressure from nationalists.   But the case that more foreign workers are needed is being made far more important after the Finance Ministry of the country that made global headlines by confiscating...

In order to go head-to-head against Tesla Inc's "mass market" Model 3 sedan, Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars even though it's not due to arrive in China until next year.   The key is that they will produce their cars locally, making them...