Asian markets soar as China-US announce trade talks this weekend
Wednesday, 7 May 2025 () Asian stock markets experienced a surge following the announcement of upcoming trade talks between China and the United States, raising hopes for de-escalation in the ongoing trade war. The Shanghai Composite and Hang Seng indices saw gains, while investors were further encouraged by China's monetary easing measures aimed at stimulating economic growth. Both nations are set to discuss de-escalation strategies.
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...
President Donald Trump swore in former U.S. Senator David Perdue as his new ambassador to China amidst growing tensions over trade. Trump joked about Perdue’s "timing," highlighting the difficult..
China signals a possible shift in its trade stance, saying it's assessing U.S. proposals to restart negotiations amid escalating tariffs and economic strain. Beijing demands the U.S. show sincerity by..
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Asian markets displayed mixed performance ahead of US-China trade talks in Geneva, while US futures saw a slight boost. Wall Street closed higher following a new... IndiaTimes
Asian and European markets experienced gains amid anticipation for US-China trade talks. London saw a boost from reports of a potential trade deal with Britain,... IndiaTimes
Global markets displayed mixed performance as investors awaited the US Federal Reserve's policy decision amid pressure to cut rates. Asian markets saw initial... IndiaTimes
Wednesday, 7 May 2025 ()
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