SHANGHAI (Reuters) - As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly being dragged into a price war it says it wants to avoid. The stakes are high for Starbucks ( SBUX ), which has come under growing pressure from investors recently due...

By Hyonhee Shin SEOUL (Reuters) -Chinese Premier Li Qiang praised what he called a restart in relations with Japan and South Korea as he met their leaders for the first three-way talks in four years on Monday in Seoul, striving to revive trade and security dialogues hampered by global tensions. Li, South Korean President Yoon Suk Yeol, and Japanese Prime...

HONG KONG (Reuters) - A Hong Kong court on Monday adjourned a hearing into a petition seeking the liquidation of Kaisa Group until June 24, giving a breather to the embattled Chinese developer amid Beijing's efforts to revive the crisis-hit property sector. Shenzhen-based Kaisa has been working on an offshore debt restructuring for two years after defaulting on $12 billion...

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