The average advertised rent for homes outside London rose again in the third quarter of 2025 to a new record of £1,385 per calendar month, according to data from Rightmove (RMV.L). Average rents outside the capital are now 3.1% higher than a year ago, marking the third consecutive quarterly record this year. Average advertised rents…
People shop for food at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later…
US Treasury Secretary Scott Bessent confirmed the finalization of an agreement on TikTok, following months of negotiations over Chinese control of the app’s algorithm. “We reached a final deal… and I believe that as of today, all the details are ironed out,” speaking to CBS from Kuala Lumpur, Bessent said, noting that the leaders would…
Top Chinese and U.S. economic officials agreed on the framework for a trade agreement on Sunday (October 26) as U.S. President Donald Trump said he was confident of hashing out a deal with Chinese President Xi Jinping when they meet in the coming days. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met…
President Trump’s closely-watched summit with Chinese President Xi Jinping is set for this Thursday in South Korea with increasing expectations after the weekend of advance talks have resulted in an environment that both sides say could be conducive to compromise. “I believe we’ve reached a very substantial framework that will avoid [a tariff hike] and…
WASHINGTON — The US and China have finalized a deal to transfer TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday. President Trump and Chinese leader Xi Jinping will officially “consummate” that deal when they meet in Busan, South Korea on Thursday — marking the first time the two have seen each other…
By Xinghui Kok KUALA LUMPUR (Reuters) -The second day of trade talks between the U.S. and China was paving the way for a “productive meeting” between President Donald Trump and President Xi Jinping, Washington’s top trade envoy said in Kuala Lumpur on Sunday, raising hopes of a deal between the world’s two largest economies. U.S….
US President Donald Trump said he may discuss a decline in Chinese purchases of Russian oil with Xi Jinping following US sanctions on two major oil companies and expressed disappointment with Vladimir Putin over his conduct of the war in Ukraine. Trump, speaking to reporters en route to Asia to meet world leaders, including Xi,…
By Xinghui Kok KUALA LUMPUR (Reuters) -Top economic officials from the U.S. and China will face off in Kuala Lumpur on Saturday to try to avert an escalation of their trade war and ensure that a meeting happens next week between U.S. President Donald Trump and Chinese President Xi Jinping. The talks on the sidelines…
The timing is set for President Trump’s closely watched summit with Chinese President Xi Jinping, the first face-to-face meeting of the two leaders during Trump’s second term. The two will meet next Thursday in South Korea. “Thursday morning, local time, President Trump will participate in a bilateral meeting with President Xi of the People’s Republic…