This article first appeared on GuruFocus. Oct 23 – U.S. stock markets edged higher Thursday as investors attempted to recover from Wednesday’s broad declines. The S&P 500 rose about 0.3%, while the Dow Jones Industrial Average gained roughly 28 points, or 0.1%. The Nasdaq Composite outperformed, climbing 0.6% on strength from tech names including Nvidia…
My top 10 things to watch Thursday, Oct. 23 1. Wall Street was headed for a lower open after a rough Wednesday. Bond yields, gold, and crypto were up. Oil was lower. The White House is considering export curbs on U.S. software to China, Treasury Secretary Scott Bessent confirmed yesterday. 2. U.S. crude prices jumped…
By Andrea Shalal, David Lawder and Susan Heavey WASHINGTON (Reuters) -Top U.S. officials headed to Malaysia on Wednesday to defuse a spike in U.S.-China trade tensions over Beijing’s move to curb exports of rare earth magnets, and keep next week’s planned meeting of U.S. President Donald Trump and Chinese President Xi Jinping in South Korea…
By Jeff Mason, Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. President Donald Trump said on Wednesday he expected to reach agreements with Chinese President Xi Jinping when they meet in South Korea next week that could range from resumed soybean purchases by Beijing to limits on nuclear weapons. Trump told reporters in the Oval…
Updated Oct 21, 2025 10:02 IST Photo : ET Now Digital 155% tariff from Nov 1 on China? What Donald Trump just said US President Donald Trump said on Monday that the US commands ‘great respect’ from Beijing and that he will reach a ‘fantastic deal’ with Chinese President Xi Jinping when the two leaders…
By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as Japan’s next finance minister could give markets cause to rethink pushing the yen too low but might also help the country’s new leader find fresh ways to fund bold economic stimulus plans. Japan’s next likely prime minister Sanae Takaichi has…
WASHINGTON (AP) — President Donald Trump said Monday that the U.S. commands “great respect” from Beijing and that he will reach a “fantastic deal” with Chinese President Xi Jinping when the two leaders meet soon. Trump’s remarks come after Beijing infuriated him by expanding export controls on rare earth products that are used in smartphones,…
United States Treasury Secretary Scott Bessent said that he and Chinese Vice President He Lifeng have conducted “detailed discussions” on US-China trade, according to a Reuters report. Speaking to reporters on October 17, Bessent said, “Vice Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China.”…
US Treasury Secretary Scott Bessent confirmed plans to speak with Chinese Vice-Premier He Lifeng on Friday in a further sign of easing tensions ahead of a potential meeting between the two countries’ leaders. “The vice-premier, who is my counterpart, and I will be speaking this evening at around 8.30, 9 o’clock,” Bessent said at the…
Blame games, tit-for-tat threats, off-again on-again meetings between US President Donald Trump and Chinese President Xi Jinping, and wild tariff swings seem to be the recent order of the day. According to former government officials and analysts, however, this should come as no surprise – it’s just the price you pay when diplomatic norms are…