Apec

  1. Asian stock markets tumble after oil prices crash

    Share prices in Asia
    Image caption: A man walks past share price screens in Asia

    Asian stock markets started Monday trading spooked by a major crash in oil prices.

    In Japan, the benchmark Nikkei 225 index slumped 5.5% by afternoon trade, in Australia, the ASX 200 dropped nearly 7%, and the Shanghai Composite index in China was down nearly 3%.

    Markets have been rattled by the threat of a price war between oil exporting group Opec and its main ally Russia.

    Asian investors also reacted to a slump in Chinese export figures released at the weekend.

  2. Unrest forces Chile to withdraw from hosting trade summit

    Sebastian Pinera
    Image caption: President Sebastian Pinera

    Chile has withdrawn as host of the APEC trade summit in November and the COP25 climate summit in December after several weeks of violent unrest, President Sebastian Pinera has announced.

    The summit was scheduled to bring together 20 world leaders, such as Donald Trump and Chinese President Xi Jinping, over the weekend of November 16-17. The COP25 program was due to run between December 2 and 13.

    “This has been a very difficult decision, a decision that causes us a lot of pain, because we fully understand the importance of APEC and COP-25 for Chile and for the world,” Pinera said in a statement.

  3. Video content

    Video caption: China and the Pacific: The islander chosen to spread the Chinese way

    China's push for influence in the Pacific includes offering full scholarships to overseas students.

  4. Apec summit ends without statement for first time

    Chile's President Sebastian Pinera, China's President Xi Jinping, Papua New Guinea's Prime Minister Peter O'Neill and Japan's Prime Minister Shinzo Abe wave with (back row L to R) Philippine President Rodrigo Duterte, Russia's Prime Minister Dmitry Medvedev, Singapore's Prime Minister Lee Hsien Loong and South Korea's President Moon Jae-in as they pose for a 'family photo' during the Asia-Pacific Economic Cooperation (APEC) Summit in Port Moresby on November 18, 2018.

    An Asian economic summit has ended without a formal leaders' statement for the first time because of US-China divisions over trade.

    Papua New Guinea's Prime Minister Peter O'Neill said "the two big giants in the room" had been unable to agree.

    The US and China are engaged in trade war and revealed competing visions for the region at the summit.

  5. What China wants in the Pacific

    A woman walks past a mural in Port Moresby

    Asian leaders are gathering in Papua New Guinea for a key economic summit.

    China's growing influence in the Pacific - where it's been ramping up investment - is attracting plenty of attention as meetings get underway.

    The BBC's Asia business correspondent Karishma Vaswani is there - here's her analysis on exactly what China wants from the Pacific.

  6. Video content

    Video caption: APEC: The summit held on a boat off Papua New Guinea

    The APEC summit is now underway in Papua New Guinea, but why are attending CEOs and other guests staying on cruise ships?