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US President Donald Trump will meet Chinese President Xi Jinping on October 30, on the sidelines of the Asia-Pacific Economic Cooperation Summit in South Korea, White House press secretary Karoline Leavitt said on Thursday, reaffirming the meeting that had been questioned following an escalation in trade tensions. Leavitt informed reporters that Trump departs for Malaysia…
Tensions between US and China might ease over the coming days as the two nations will be meeting in Malaysia for the next round of trade talks.“As agreed by both China and the United States… vice premier He Lifeng will lead a delegation to Malaysia from October 24 to 27 and hold economic and trade…
Asian equities slipped on Wednesday as investors took a step back following recent gains, while gold and silver tumbled for a second straight day, halting their recent rally. The pullback came after US President Donald Trump suggested that a planned meeting with Chinese President Xi Jinping might not go ahead. Markets in Hong Kong, Shanghai,…
FILE – American flags are displayed with Chinese flags in Beijing. (AP Photo/Andy Wong, File) Beijing’s recent expansion of rare earth export controls appeared to intensify the US-China trade war, but analysts point out the dispute began with a US action in late September. According to a report in the South China Morning Post, the…
US President Donald Trump on Monday set the tone for his upcoming meeting with China’s President Xi Jinping, saying the two countries would strike a “fantastic deal” — and warning that failure to reach an agreement could see China face potential tariffs of 155%.“I think we’re going to end up having a fantastic deal with…
Asian markets rose on Monday, boosted by Japan’s Nikkei, as the country moves closer to naming its first female prime minister. Investors are also watching US inflation data due this week, expected to have only a minor impact on plans for further rate cuts. Nikkei rallied 1383 points, up 2.9% to reach 48,965. Hong Kong’s…
FILE — Brendan Carr, chairman of the Federal Communications Commission, at a hearing in Washington on Feb. 27, 2025.. (Tierney L. Cross/The New York Times) The US Federal Communications Commission (FCC) has taken steps to potentially revoke the access of HKT (International) Ltd., a major Hong Kong phone company controlled by PCCW Ltd., to domestic…
Asian markets edged higher on Thursday as investors weighed escalating tensions in the US-China trade war alongside expectations that the Federal Reserve will continue cutting interest rates this year.The region’s gains follow a broadly positive session on Wall Street and mark a second consecutive day of recovery, as traders focused on softer US economic data…
Wall Street advanced on Wednesday as robust earnings from major technology and banking firms overshadowed lingering US-China trade concerns. The S&P 500 gained 0.9%, recovering from a volatile session, while the Dow Jones Industrial Average rose 320 points, or 0.7%, and the Nasdaq composite climbed 1.1% by 10 a.m. Eastern time, driven largely by strength…
The meeting between US President Donald Trump and Chinese President Xi Jinping is still very much on the table even as the two countries get embroiled in escalating trade tensions.US treasury secretary Scott Bessent on Monday said that he still expects a meeting between the two presidents.“He will be meeting with Party Chair Xi in…
