China will host the Asia-Pacific Economic Cooperation (Apec) meeting in its southern city of Shenzhen in November next year. The announcement was made on Saturday by Chinese President Xi Jinping as world leaders wrapped up this year’s Apec meeting, held in the South Korean city of Gyeongju. Xi, who was speaking at a handover ceremony,…
Just back from his whirlwind Asia tour, US President Donald Trump on Friday hailed a newly negotiated trade deal with China as a “long-lasting” victory even as he teased the possibility of more tariff concessions. Aboard Air Force One en route to his Palm Beach, Florida, resort, Trump painted the Busan, South Korea, summit with…
Relations nosedived in 2018 after Canada arrested a senior Huawei executive and have remained rocky ever since. The leaders of China and Canada have taken a step towards mending the long-fractured ties between their countries with a meeting in South Korea during the Asia-Pacific Economic Summit. Chinese President Xi Jinping and Canadian Prime Minister Mark…
new video loaded: How the Trump-Xi Meeting Eased a Major Trade War President Trump and China’s leader Xi Jinping just had a highly anticipated meeting in South Korea. David Pierson, a New York Times foreign correspondent covering China, breaks down what they accomplished and how they de-escalated a major trade war. By David Pierson, Christina…
new video loaded: Nvidia, Samsung, Hyundai Leaders Share Fried Chicken and Beer The leaders of Nvidia, Samsung and Hyundai hung out over Korean fried chicken and beer on Thursday in Seoul. Their casual outing signaled the deepening ties between Nvidia, the American chip maker, and South Korea’s auto and tech conglomerates. By Hannah Yi October…
GYEONGJU, South Korea (AP) — Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country’s artificial intelligence infrastructure and technologies. The plan was announced Friday by the government, Nvidia, and some of South Korea’s biggest companies, including…
China’s factory activity slump worsened in October, reaching its longest decline in more than nine years as a deepening economic slowdown sets in during the final quarter. The official manufacturing purchasing managers’ index was 49, versus 49.8 in September, the National Bureau of Statistics said Friday. The median estimate of economists surveyed by Bloomberg was…
An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 3, 2025. Go Nakamura | Reuters Asia-Pacific markets opened mostly higher Friday as investors assessed a truce between Washington and Beijing, following a meeting between President Donald Trump and his…
2025-10-30T22:08:10+00:00 font Enable Reading Mode A- A A+ Shafaq News – Seoul US President Donald Trump announced on Thursday that Washington will share nuclear submarine technology with South Korea, following a meeting with President Lee Jae-myung in Seoul. I a statement, Trump said the submarines will be built at the Philadelphia shipyard, which was acquired…
U.S. President Donald Trump and Chinese President Xi Jinping used their first meeting since Trump returned to office to agree to a temporary truce on their trade tensions, stopping short of a full agreement but dialing back some of their harshest mutual countermeasures. It leaves the U.S.-China trade relationship only slightly worse than it was…