BRUSSELS (AP) — European leaders are meeting with top Chinese officials in Beijing on Thursday to discuss trade, climate change and global conflicts, with observers saying expectations were low for any solid agreements. The talks, initially supposed to last two days but scaled back to one, come amid financial uncertainty around the world, wars in…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. joined the war between Iran and…
Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan Rosenberg | Reuters Brent crude prices pared gains from the previous session…
BEIJING — China is wrapping up its biggest political event of the year on Tuesday leaving one question unanswered: How far will it go to try to revive economic growth in 2025? A recurring theme throughout the weeklong meeting of the nearly 3,000-member National People’s Congress was the need to boost investment and consumer spending….
Published: March 6, 2025 at 6:00 a.m. ET Investors got what they wanted on Wednesday — temporary tariff relief from the Trump administration that finally halted a two-day selloff that sent the stock market into a tailspin earlier this week. However, so-called reciprocal tariffs on foreign imports from all major U.S. trading partners are still coming in…
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(Reuters) – Goldman Sachs on Tuesday said it expects Beijing’s retaliatory tariffs in response to new U.S. restrictions against Chinese goods to have only limited impact on energy prices. Minutes after U.S. President Donald Trump’s 10% tariff on Chinese goods kicked in at 12:01 a.m. ET (0501 GMT), China’s finance ministry said it would impose…
TORONTO (AP) — Canada’s prime minister and Mexico’s president ordered retaliatory tariffs on goods from the U.S, following through with their threats after U.S. Donald Trump sparked a trade war by imposing sweeping tariffs on imports from Canada, Mexico and China. Canada is initially targeting $30 billion Canadian (US$20 billion) in goods imported from the…
(Bloomberg) — US and European stock futures gained after strong earnings from Apple Inc. and Intel Corp. boosted sentiment, while the dollar also rose as traders brace for President Donald trump’s tariffs announcements on Saturday. Most Read from Bloomberg The Euro Stoxx 50 futures rose 0.1%, while S&P 500 and Nasdaq 100 contracts climbed during…