US President Donald Trump hailed on Friday a call with Chinese counterpart Xi Jinping, claiming a deal to sell blockbuster app TikTok could be a “formality” and saying he would visit China, which gave a more cautious assessment of their talks.The leaders of the world’s two largest economies spoke by telephone for the second time …
Trump sees progress on TikTok, says will visit China Read More »
Stock markets steadied and the dollar mostly rose Friday at the end of a week marked by central bank decisions, as attention turned to a call between US President Donald Trump and his Chinese counterpart Xi Jinping.Wall Street’s three main indices finished the week at records for the second day in a row, extending a rally …
US stocks end at records again as Trump and Xi talk Read More »
Tariff fears are hurting World Cup merchandise orders at Shang Yabing’s Chinese knitwear factory, where racks of scarves bear the logos of national teams from Ireland to Tanzania.Manufacturers in China’s export hub Yiwu would normally already be inundated with World Cup orders ahead of next summer’s football tournament, this time hosted by the United States, …
Tariff uncertainty delays World Cup orders for China’s merch makers Read More »
The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said it would start offloading funds bought as part of its earlier monetary easing campaign.The announcement came hours after official data showed inflation in the fourth-largest economy slowed to 2.7 percent in August, with rice price rises …
BoJ holds interest rates but to sell funds in shift from easing policy Read More »
