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Global Market: China, Hong Kong stocks fall as global bond selloff, oil surge weigh on sentimentChinese and Hong Kong stocks fell as rising oil prices, higher bond yields and geopolitical tensions intensified inflation and interest-rat...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
Xi visits Egypt as China seeks deeper influence across the MideastChinese President Xi Jinping’s Egypt visit is deepening Beijing’s ties with a key US ally while advancing China’s bid for greater Middle Ea...
US pushes G20 to cut trade imbalances, focus on ChinaG20 members face stalled talks on global trade and fiscal imbalances. United States officials are urging higher barriers on Chinese goods t...
Xi’s busiest travel itinerary in seven years is all about TrumpChinese President Xi Jinping is embarking on his busiest foreign travel schedule in more than seven years, visiting Central Asia and Egypt ...
Trump says Xi to visit Washington this month for high-stakes summitPresident Trump announced President Xi Jinping will visit Washington for a summit. The leaders will discuss global security, trade, and hum...
Modi-Xi-Putin together again: What will the Bishkek photo-op tell?India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight, but it should not be read as evi...
Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
US plans to sanction another bank in effort to clamp down on Iran transactions: Scott BessentUS Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
Vietnam's export triumph: How a small nation beat China and India to become America's top trade partnerVietnam now leads all nations in its trade surplus with the United States. This significant shift occurred during the first half of the yea...
China's help critical, but unlikely, for US to choke off IranThe United States seeks to economically isolate Iran through expanded sanctions. China's continued trade with Tehran complicates these US e...
Canada’s trade war is forcing a rethink of who its friends areCanada faces a trade war with the United States after imposing significant tariffs. Prime Minister Mark Carney stated Canada was attacked a...
Trump's new economic squeeze on Iran has a big challenge: ChinaThe United States is imposing economic sanctions on Iran's financial networks globally. China, Iran's largest trading partner, presents a s...
Trump to impose 7.5 percent tariff on Chinese goods, raising the total to 20 percentThe US plans to impose a 7.5% tariff on Chinese goods soon. This move aims to restore previous duties to around 20% before a summit. Beijin...