Obama Cancels Pacific Trade Deal

Obama and his administration is all set that the Trans-Pacific Partnership will no longer exist or prosper.

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White House sees China as trump card in trade debate

The Obama administration is confident lawmakers will warm up to a proposed Pacific free trade deal on the grounds it is a chance for the United States, rather than China, to dictate the rules of Asian trade, a top official said on Thursday.

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Top U.S. trade negotiator says Pacific pact nearly ready

The top U.S. trade official told lawmakers on Tuesday an ambitious Pacific trade pact could be wrapped up within months as he urged Congress to back the administration's trade agenda.

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Japan seeks to sell sub-hunting jet to UK as Abe pushes arms exports

Japan is asking Britain to buy its P-1 submarine-hunting jet in a deal that could top $1 billion, a major step in Prime Minister Shinzo Abe's push to arms exports after decades of self-imposed restrictions, people with knowledge of the proposal said.

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Chinese firm purchases Torrance Marriott South Bay

Chinese real estate developer Sichuan Xinglida Group Enterprises Co bought the Torrance Marriott hotel in South Bay, California for USD74 million, according real estate broker John Strauss.

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