President Donald Trump will look to sign economic agreements and critical minerals deals with trading partners during his trip to Asia, according to senior US officials, as the administration moves to ramp up pressure on China ahead of a crucial meeting with Xi Jinping. Trump will look for deals that will help unlock the region’s…
Good morning. Donald Trump casts doubt on Ukraine’s ability to defeat Russia. Japan is set to get its first woman prime minister. And the White House is tearing down part of the East Wing to make way for Trump’s ballroom. Listen to the day’s top stories. Source link
Australia’s prime minister is set to pitch his nation’s vast resource holdings as a solution to China’s rare earth curbs at a meeting Monday with President Donald Trump, as the US and other countries scramble to diversify supply of critical minerals. Anthony Albanese is due to meet with Trump at around 11 a.m. in Washington…
Hi, this is Allen Wan in Shanghai. It’s getting difficult to keep score in the US-China trade war. Both countries are hitting each other with seemingly daily threats and harsh rhetoric, possibly to build leverage before a big potential meeting between President Donald Trump and Chinese counterpart Xi Jinping in the coming weeks. Source link
Wall Street’s banner first half in trading was based on handling tariff-induced market chaos. The third quarter showed the biggest banks can also seize on the stock market’s steady march higher. Morgan Stanley led the pack in generating $4.12 billion from trading stocks in the bank’s best third quarter for the business ever. Rivals JPMorgan…
One of the newest tenants of Trump Tower in New York City is a startup investment bank called Dominari Holdings Inc. It’s located only two stories below the headquarters of the Trump Organization—a proximity that Dominari’s president, Kyle Wool, considers a point of pride. Wool spent years cultivating a relationship with the Trump family, and…
The dollar rose on Monday as currency traders shrugged off the latest threat of steep tariifs on China from US President Donald Trump and instead focused on the path for a possible trade deal between the world’s two largest economies. The Bloomberg Dollar Spot Index gained some 0.2% as of 10:15 a.m. in New York….
The earnings reports from Wall Street’s biggest banks are poised to get even more scrutiny than usual this week, as the US government shutdown leaves investors desperate for a fresh read on the economy. With the impasse in Washington threatening to delay crucial data on US employment and more for a third week, market watchers…
Chinese President Xi Jinping’s blistering response to Donald Trump violating the terms of their fragile trade truce has reignited a tit-for-tat spiral, exposing the rocky path to any US-China trade deal. After China unveiled wide-ranging global export controls on products containing even traces of certain rare earths this past week, Trump fired back by threatening…
US equity futures held losses after Congress failed to agree to a spending plan, forcing the government into a shutdown that will keep hundreds of thousands of federal workers home from their jobs. Futures on the S&P 500 Index were down 0.4% as of 1:02 a.m. Wednesday after the deadline to fund the government came…