WORLD
Thai leader Anutin Charnvirakul to meet Trump, sign Cambodia peace deal
The signing ceremony is expected to be a key feature of Trump’s attendance at the Asean summit
BUSINESS
US has ‘very constructive’ China talks as Trump jets to Asia
Trump told reporters aboard Air Force One that he and Xi have “a lot of things to discuss” and expects both sides to make compromises, although he won’t put odds on getting a deal.
BUSINESS
Trump targets ‘complete deal’ with China when he meets with Xi
Trump, speaking to reporters enroute to Asia for meetings with leaders including Xi, said he hopes his talks Thursday with the Chinese president would yield “a complete deal.”
WORLD
Trump says he’ll raise Canada tariff by 10% after Reagan ad
Trump’s Truth Social post follows days of public clashes over the ad, which invoked former President Ronald Reagan’s stance as a free trader and triggered the current US president’s ire, prompting him to suspend trade negotiations with Canada.
BUSINESS
Chinese caviar and foie gras shake up global gourmet dining
China exported 322 tons of caviar last year, more than double the volume in 2019, according to the International Trade Centre
WORLD
Pentagon frets over ‘A House of Dynamite’ nuclear doomsday film
A Missile Defense Agency internal memorandum argues that the doomsday scenario depicted in the movie is inaccurate.
BUSINESS
EU chief considering all options over China rare-earth threat
Von der Leyen also warned that while China’s move on rare earths is part of “wider economic friction” between the US and China
BUSINESS
US, China may find only ‘tactical floor,’ ex-trade official says
Officials from both countries kicked off a new round of negotiations in Malaysia on Saturday, seeking to ease tensions ahead of an upcoming leaders’ summit.
WORLD
US and China begin trade talks in Malaysia to ease tensions
Bessent and He, a longtime associate of President Xi Jinping, face the task of negotiating down new escalatory measures imposed by their countries against one another.
WORLD
US launches China tariff probe ahead of Trump-Xi meeting
US Trade Representative Jamieson Greer on Friday announced the opening of a probe into whether China complied with a limited trade agreement reached in 2020 during President Donald Trump’s first term.
BUSINESS
Gold ends record-breaking rally with first weekly loss in ten
Bond yields inched lower as traders priced in a high likelihood of two interest rate reductions before the year is over.
BUSINESS
Trump aims to sign mineral deals in Asia to raise pressure on Xi
Trump will look for deals that will help unlock the region’s resources to create more reliable supply chains for industries, contribute to global growth and secure more investments in the US.
BUSINESS
S&P 500 hits record after soft CPI, led by tech mega-cap gains
The benchmark rose 1% at 12:20 p.m. in New York, helped by advances in eight of 11 sectors in the index, led by utilities and technology.
BUSINESS
US inflation data comes in soft, building case for more Fed cuts
While grocery inflation slowed, prices for key items like cereals and nonalcoholic beverages picked up.
BUSINESS
Russia’s oil business takes a hit from fight between top traders
The struggle between the rival traders spans operations in Dubai, Hong Kong and Singapore to lobbyists in Washington and the Moscow press.
BUSINESS
JPMorgan to allow Bitcoin and Ether as collateral in crypto push
The program, offered globally, will rely on a third-party custodian to safeguard the pledged tokens, according to people familiar with the matter
BUSINESS
Copper pushes back toward $11,000 as test of record high beckons
Three-month futures rose more than 1% to approach $10,970 a ton in intraday trade in London.
COMPANIES
Starlink starts security tests ahead of India retail kickoff
The series of tests is part of India’s security clearance process for foreign and domestic telecom operators
WORLD
China finds costly new way of boosting Xi’s global Yuan push
Ethiopia became the latest this week in looking to convert at least part of the $5.38 billion owed to Beijing into yuan-denominated loans.
WORLD
Trump seeks elusive trade deal with Xi in high-stakes meeting
Trump’s thirst for a result he can sell as a victory runs the risk he might bow to key Chinese demands, including access to advanced semiconductors and the status of the self-governing island of Taiwan — the president notably has not ruled out such compromises.
MARKETS
Relief rally in Asia: Stocks climb on Trump–Xi talks, investors brace for US CPI report
Treasuries had also snapped a three-day rally overnight as yields rose across the curve, with the 10-year climbing five basis points to 4%.
BUSINESS
Gold to snap nine-week winning streak as heat comes out of rally
A scorching run that began in mid-August and pushed prices to an all-time high of $4,381.52 an ounce on Monday came to a screeching halt the following day, as investors took profits.
BUSINESS
Binance founder Zhao pardoned by Trump in latest crypto clemency
Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.
WORLD
Netanyahu rivals’ West Bank annexation bill ‘insults’ Vance
Officially, Trump has stuck with the US’s long-standing policy of only accepting statehood after an agreement is reached between the Palestinians and Israelis.
