CNBC - Asia News Saudi Arabia is stumbling in its effort to build a global financial center 2018-08-21T13:00:00.000000000+00:00 Saudi Arabia is stumbling in its efforts to build a cosmopolitan financial center in the Middle East. The oil kingdom could learn a lot from the success of its neighbor Dubai, which is now a global banking hub. China's biggest risk may be its property market — not the trade war 2018-08-21T01:22:00.000000000+00:00 China's hot real estate market remains a challenge for authorities trying to maintain stable economic growth in the face of trade tensions with the U.S. Asia markets trade mostly higher as investors look ahead to US-China trade talks this week 2018-08-20T23:43:00.000000000+00:00 The United States and China are set to hold talks to find a way to ease trade tensions between the two countries, but analysts are not expecting any major breakthroughs. Hong Kong politician to Trump: Kick China and Hong Kong out of the WTO 2018-08-20T05:16:00.000000000+00:00 A Hong Kong politician who advocates independence from China wrote to President Donald Trump, urging him to get China and Hong Kong kicked out of the World Trade Organization. Apple yanked 25,000 apps from its China App Store 2018-08-20T04:41:00.000000000+00:00 Apple removed apps that sold fake lottery tickets and offered gambling services, which violated Apple policies, the company said. Don't expect a 'grand bargain' from new US-China trade talks, expert says 2018-08-20T03:45:00.000000000+00:00 The U.S. and China are meeting later this week in Washington to try to find some common ground in their escalating trade war, but don't expect a "grand bargain," according to an international trade scholar. Asia closed mostly in positive territory on Monday as investors look to US-China tariff talks 2018-08-19T23:52:00.000000000+00:00 Asia markets mostly ended the first trading day of the week in positive territory amid anticipation of positive developments on the U.S.-China trade front. White House's Kudlow says China looks 'terrible.' Numbers paint a murkier picture 2018-08-17T11:23:00.000000000+00:00 China’s economy is still one of the fastest growing in the world, contrary to White House economic advisor Larry Kudlow’s assertion that its economy looks “terrible.” Malaysia's prime minister, a vocal critic of Chinese investment, heads to Beijing 2018-08-17T08:09:00.000000000+00:00 The 93-year-old leader has repeatedly criticized Chinese ventures in his country for being too expensive. As he visits the world's second-largest economy, he's expected to renegotiate a number of Beijing-backed deals. Tesla reportedly searching for a No. 2 executive for Elon Musk 2018-08-17T07:29:00.000000000+00:00 The New York Times reported that Tesla executives have intensified the search following Musk's tweets about taking the company private.