The race for air superiority has heated up since Moscow began a $700 billion, 10-year modernization program to gain parity with the U.S.
Most European stocks tracked robust gains in Asian markets while U.S. stock futures traded in the red.
The tariffs marked the second time since December that the U.S. has penalized foreign steel producers for selling the metal at unfairly low prices.
The report, which touches on a a broad range of issues, comes a week after Prime Minister David Cameron set June 23 as the date for voting on the U.K.'s membership in the European Union.
The move will continue to raise questions about whether China can pull off its shift to an economy oriented toward domestic demand and away from export-led growth.
The country’s budget for the 2016-17 financial year, announced Monday, addressed its rural economy ahead of key state elections later this year.
A lunar station could be used as a jumping-off point for longer missions to Mars.
The annual Economic Survey, prepared by the country’s chief economic advisor, also projected a growth rate of 7.6 percent in the ongoing fiscal year.
Despite a slower fourth quarter in 2015, venture capitalists expressed confidence in the Indian startup ecosystem.
The benchmark Shanghai Composite Index dropped 6.4 percent Thursday, as profit-taking by investors ended a short-lived rally.
As the death toll rose to 44, the country estimated damage from cyclone Winston at about $1 billion.
World markets soured Wednesday due to low risk appetite among investors after Saudi Arabia ruled out any cuts in crude oil supply.
The Republican presidential hopeful assured supporters that he would bring back jobs from Asian nations such as China, India and Vietnam.
Xiaomi has released its latest flagship smartphone, but can the Mi 5 really compete with the Galaxy S7 or iPhone 6s?
Motorcycle taxis are already popular in Thailand and other parts of Southeast Asia because of their low cost and ability to navigate easily through traffic.
At the Mobile World Congress in Barcelona, Xiaomi unveiled its flagship device for 2016, playing up its technical performance.
The CEO of Cyanogen believes manufacturers have only scratched the surface of smartphone potential.
The London-based bank reported its first full-year loss in 26 years Tuesday, amid CEO Bill Winters' attempts to extricate it from its emerging markets troubles.
"I just think it is not the right to thing to unplug [encryption] from the mainstream products that people use,” Mark Zuckerberg said.
The U.S. remains the world’s biggest exporter of major weapons systems as Russia tries to catch up.
The European Union Chamber of Commerce in China says attempts to tackle overcapacity are often undermined by local protectionism.
Ongoing caste protests in a neighboring state had cut off the water supply to New Delhi, leading to rationing and closure of schools Monday.
