Vientiane, Laos / AFP Staunch China ally Cambodia is preventing Southeast Asia from reaching a consensus on the South China Sea after an international tribunal rejected Beijing’s territorial claims to the waters, a diplomat said on Saturday. The Association of Southeast Asian Nations (ASEAN) is meeting in Laos for the first time since the UN-backed tribunal ruled earlier this month ...

  Bloomberg PayPal Holdings Inc and Visa Inc just made up after more than a decade sparring over the future of digital payments. The two companies announced an agreement in which PayPal will stop discouraging customers from linking accounts to Visa cards and share more data with the card network in exchange for “long-term Visa fee certainty” and other incentives. ...

  Bloomberg The world’s largest currency trader says forget about the Federal Reserve driving the dollar higher, even if the central bank does raise interest rates later this year. The greenback, which strengthened for a third week for the first time since May, is more likely to trade on evidence of US economic growth than on what the central bank ...