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TRADE TRUCE JANUARY 10
US stocks: US market ends down as oil prices, Treasury yields riseIn a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, com...
US stocks: US stocks fall as oil prices, yields tick up; traders assess Mideast talks, Trump-Xi meetUS stocks retreated due to climbing crude oil prices and rising bond yields impacting investor sentiment. Major semiconductor stocks faced ...
Global Market: Yuan slips as PBOC signals caution on currency appreciationChina’s yuan weakened Wednesday after the PBOC set a weaker midpoint, ending a 10-session streak of stronger guidance. Rising trade tension...
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record closeThe Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq so...
Textile stocks rally up to 10%: Raymond, Gokaldas Exports, other stocks rebound after Trump tariff-triggered selloffTextile stocks rebounded on Tuesday, recovering most of the previous session’s losses after US President Donald Trump signed a Russia sanct...
Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loomChina’s yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight sessi...
Key issues for this week's Trump-Xi summit in WashingtonPresident Trump welcomes Chinese leader Xi Jinping for crucial talks this week. They seek stability in a relationship strained by trade and...
US stocks: US market ends sharply higher as AI optimism reignites and Treasury yields retreatStock markets surged on Monday, driven by impressive gains from leading AI companies such as Advanced Micro Devices. Meanwhile, Treasury yi...
US, China seek to steady ties ahead of Trump-Xi summitChina's top trade negotiator, Li Chenggang, said the talks were held in a "good atmosphere" as he left JPMorgan Chase & Co.'s headquarters ...
US, China to hold more AI safety meetings in two months in Shenzhen, Scott Bessent saysSenior US and Chinese officials will meet again to discuss artificial intelligence dangers and communications protocols in about two months...
Global Market: China, Hong Kong stocks rise as investors await Trump-Xi meetingChina and Hong Kong stocks rose on Monday led by technology, healthcare, and property shares. Investors parsed high-level talks between US ...
US seeks 'AI dialogue' with China as officials set stage for Trump-Xi summitUS and Chinese officials met to discuss creating an AI communication channel. This meeting sets the stage for a summit between Presidents T...
US, China open final trade talks in New York to keep tariff truce alive ahead of Trump-Xi summitUS Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng will meet Sunday in New York. They will discuss trade and other pres...
Global Market: China stocks rally 1% as Trump-Xi meeting raises trade hopesChina’s stock markets rose strongly as investors anticipated progress in upcoming US-China trade talks between Donald Trump and Xi Jinping....
Trump may hold off on new capacity tariffs as Xi meeting draws closer: ReportThe United States is expected to postpone announcing new tariffs targeting what it considers excess manufacturing capacity among trading pa...
Trump-Xi summit: Tariffs, trade imbalance and rare earths loom over US-China talksUS President Donald Trump will host Chinese President Xi Jinping next week at the White House. Tariffs, trade imbalances, and technology co...
China says it hopes to agree with US on tariff reductions 'at an early date'China and the United States anticipate reaching an agreement on reducing import taxes soon. Negotiators are working to implement reciprocal...