Bloomberg Malaysia is confident it can reach an agreement with China to settle tensions in the South China Sea after its neighbors warned that incidents in the disputed waters had “eroded trust.” The country is “very hopeful” that a code of conduct for the area will be completed within the three-year deadline or earlier, Malaysia’s Foreign Minister Saifuddin Abdullah said ...

Bloomberg China responded to Donald Trump’s tariff threat with another escalation of the trade war on Monday, letting the yuan tumble to the weakest level in more than a decade and asking state-owned companies to suspend imports of US agricultural products. The moves are likely to further antagonise Trump, who has criticised Beijing for managing its currency unfairly and failing ...

Bloomberg Top Japanese companies including Sony Corp., Ricoh Co. and Asics Corp. are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep US tariffs. Sony said last week that trade-war levies may cause it to raise prices or move production of PlayStation consoles, cameras and projectors outside of China, steps that could affect profit ...