Global shares see modest gains as optimism over China-US trade truce fades
Tuesday, 13 May 2025 () Global markets experienced mixed trading on Tuesday as initial optimism over the US-China trade truce waned. While European and Japanese markets saw modest gains, Hong Kong's Hang Seng fell, reflecting lingering concerns. Investors are now awaiting key economic reports to gauge the long-term impact of trade uncertainties on the global economy, while oil prices retreated after Monday's rally.
China has issued a stern warning to the United States, urging Washington to “stop smearing and shifting the blame” over the ongoing fentanyl crisis. Despite a recently announced 90-day tariff reduction deal, tensions remain high as Beijing calls U.S. fentanyl-related policies unreasonable and...
Donald Trump has claimed that India is ready to eliminate 100% tariffs on US goods, calling it a major breakthrough. However, India’s external affairs minister S. Jaishankar countered, saying trade..
Xi Jinping warns that “bullying” and “hegemonism” in global trade will backfire, criticizing U.S. trade policies. Speaking at a Latin American summit in Beijing, Xi emphasized that no one wins..
President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a..
Tuesday, 13 May 2025 ()
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