President Donald Trump has announced the signing of a deal with China and hinted at an upcoming ‘great deal’ with India. This follows rocky trade relations and tariff impositions by the Trump administration. A bilateral trade agreement between India and the US is expected to be signed during Trump’s potential visit to India for the…
* Chinese and Hong Kong stocks gain ahead of Sino-US trade talks US-China talks expected to mend rifts * Rare earths sector jumps as likely focus in negotiations * Tech shares in HK enter bull market By Jiaxing Li Hong Kong, – Chinese and Hong Kong stocks edged higher on Monday, led by the rare…
Commerce and industry minister Piyush Goyal may travel to London again later this week before he returns to India from the ongoing three-nation foreign tour, to iron out a few irritants in the free trade agreement (FTA) with the UK, according to sources. The minister might formally declare the much-delayed pact ready for signing along…
Treasury Secretary Scott Bessent on Tuesday said the “onus” is on China to bring down its tariffs as he outlined how many jobs the world’s second-largest economy stands to lose in a trade war. If the US keeps tariffs in place at the current level of 145%, China could lose 10 million jobs “very quickly,”…
US stock futures slipped as Wall Street geared up for a packed week of key earnings reports and economic data. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) ticked down 0.1%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.2%. CBOT – Delayed Quote • USD As…
Photo: Michael M. Santiago (Getty Images) U.S. stocks largely ended the week on a high note after a muted opening Friday, as trade-war pessimism gave way to a fourth day of gains for the S&P 500. Meanwhile, Tesla (TSLA) spiked 9.8% as word spread that CEO Elon Musk would spend less time facilitating mass firings…
US stock futures held steady after Google parent Alphabet (GOOG, GOOGL) reported strong earnings results, and Wall Street saw its third day of gains on renewed hope of trade deals. Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) ticked up 0.4%. Futures attached to…
Photo: Michael M. Santiago (Getty Images) Stocks surged into the close Thursday after a wobbly start, with all major indexes ending firmly in the green. The Nasdaq led gains, up 2.74%, while the S&P 500 climbed 2.03% and the Dow added 1.23%. Gold rose nearly 2% as volatility fell sharply, with the VIX down over…
China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump’s full backing,…
Prime Minister Keir Starmer said on Monday Britain would fight to secure a trade deal with the United States while working with key partners around the world to lower trade barriers. Starmer, who has avoided some of the more angry responses of world leaders to U.S. President Donald Trump’s tariff plan, said the levies were…