Divers and an underwater drone on Wednesday joined a fleet of rescue vessels in Indonesia's search for at least 192 passengers missing two days after an overcrowded wooden ferry sank in one of the world's deepest volcanic lakes in Sumatra.Authorities are unable to confirm how many were aboard when the vessel sank on Monday in bad weather, since it did not have a manifest.
U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute."So far, so good," he said when asked by reporters on how the meetings in Beijing went. He did not say who he met.
China's exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the world's two major economic powers ramp up a bitter dispute that some fear could derail global growth.In the latest move by President Donald Trump to put pressure on Beijing to negotiate trade concessions
Thailand suspended efforts on Thursday to salvage a boat that capsized and sank off its resort island of Phuket, officials said, putting the death toll in its worst tourist-related disaster in years at 46.The Phoenix had 101 on board, including 89 tourists, all but two of them from China, when it went down in rough seas last Thursday during an outing to a small island.
The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world's largest oilfield services provider.The 7-2 decision overturned a lower court's ruling that had enforced limits on applying U.S. patent law overseas and reduced by $93.
Indonesia and India pledged on Wednesday to step up defense and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing infrastructure and an economic zone at Sabang