US: Stocks rally fades after China trade framework
Wall Street stocks finished lower on Wednesday despite positive movement in the US-China trade conflict and a benign US inflation report. Following two days of talks in London, top US and…
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trade
What a 55 Percent Tariff on Chinese Goods Could Mean for Footwear Firms
In another twist and turn in President Donald Trump’s trade war, the U.S. and China have revealed the framework for a new deal that would see much lower-than-expected tariffs — if it comes…
Oil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies
Oil prices rose to nearly their highest level in two months on Wednesday. The rally followed news that U.S. President Donald Trump had confirmed that an agreement had been reached with…
TACO Trump Announces Paltry Trade Deal With China
Defense Secretary Pete Hegseth revealed that the president’s plan to use the military against U.S. citizens will cost taxpayers a jaw-dropping sum. Testifying before the House…
China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand
In its high-stakes trade talks with the United States, China has been trying to strike a balance in how it wields its market clout. It controls the world’s supply of rare earth metals and…
South-east Asia’s polymer production crisis worsens as US-China trade shift looms
South-east Asia’s petrochemical industry is facing a double whammy of weakening export demands and potential import surges, as trade tensions could redirect US polymer to the region’s…
Asian Markets Edge Higher as Trade Talks Show Progress, Inflation Data in Focus
Asian markets edged up cautiously on Wednesday as investors were kept in check by some muted moves on the trade front. The latest meetings in London suggested a de-escalation of sorts as a…
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and fuelled some safe-haven buying, with investors…
Asia: Equities rally after China-US framework on trade
Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff deal.…
Oil prices hold near 7-week high as market waits for news from US-China trade talks
Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the US and China. Analysts have said a trade deal between the countries with the…
US: Stocks advance as China trade talks drag on
Wall Street stocks advanced on Tuesday as markets hoped for progress in US-China trade talks while digesting the World Bank’s lowered economic growth forecast. A second day of high-level…
World Bank: Trump’s Trade War Could Destroy the Global Economy
Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report…
US: Wall St muted at open as US-China trade talks in focus
Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between the United States and China aimed at cooling a tariff…
Gold falls as traders watch US-China trade talks in London
GOLD declined on Tuesday as market participants awaited further developments from ongoing US-China trade talks in London, with negotiations extending into a second day. Spot gold fell 0.5…
Unlock Africa’s economic potential through open trade
Recent tariff announcements have caused significant disruption across global markets and economies. Subsequent changes and postponements—including negotiations between major economies like…
Oil prices hit multi-week highs amid US-China trade talks
Oil prices hit multi-week highs on Monday, buoyed by a weaker US dollar, while investors awaited news from US-China trade talks in London in hopes a deal could boost the global economic…
Europe: Equities ease as US-China trade talks grip markets
EUROPEAN shares eased in cautious trade on Monday as investors avoided making big bets pending the outcome of Sino-U.S. trade talks in London. The pan-European Stoxx 600 ended slightly…
US: Stocks end mostly up as markets eye trade talks
Wall Street stocks edged higher on Monday as US and Chinese representatives held high-stakes trade talks and markets looked ahead to key economic data. Trade representatives for…
Trump gets 'good reports' from his team in trade talks with China
President Trump said Monday that it is "not easy" to conduct trade negotiations with Beijing but he's getting "good reports" from his team in London, which will meet with Chinese…
US: Wall Street opens higher as US-China trade talks begin
Street’s main indexes opened higher on Monday as investors watched a fresh round of negotiations between the United States and China aimed at mending a trade rift that has…
Oil prices hold gains ahead of US-China trade talks
Inflation data from China on Monday morning will give a reading of domestic demand in the world’s largest crude importer Oil prices held on to last week’s gains early on Monday…
Asia: Markets rally ahead of latest China-US trade talks
Stocks rallied on Monday (Jun 9) on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered…
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal Reserve, while optimism over easing trade tensions…
US, China to resume trade talks with focus on rare earth exports
Top trade negotiators from the US and China are set to hold fresh talks in London on Monday (Jun 9), offering a glimmer of hope that the world’s two largest economies can defuse tensions…