The World Bank Group logo is seen on the headquarters building of the Washington-based global development lender in Washington, DC, Jan 17, 2019. The World Bank slashed its 2025 global growth forecast …
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Trump tariffs live updates: US, China agree on plan to ease trade tensions as US appeals court allows tariffs to remain in effect
The US and China agreed to a framework and implementation plan to ease trade tensions on Tuesday. “We have reached a framework to implement the Geneva consensus,” US Commerce Secretary Howard Lutnick …
US-China Trade Talks Go On For Second Day: Here’s What’s At Stake
Key Takeaways Negotiations between the U.S. and China continued into a second day Tuesday.The two sides seek to lower trade barriers they’ve imposed on one another in tit-for-tat fashion in recent …
China’s Bankers Ditch Global Hotel Chains as Travel Budgets Bite
These days, Shanghai-based banker Jason Zhang can no longer stay at the Westin hotel in downtown Beijing’s financial district after his company cut its travel budget. Instead, he had to settle for a …
Price wars grip China as deflation deepens, $30 for a luxury Coach bag?
Chinese energy sector worker Mandy Li likes to treat herself to a luxury brand handbag once in a while. But since her state-owned employer cut her wage by 10% and the properties her family owns…
US stocks up in early afternoon as investors wait for China-US trade talk news
One expert said he expected loosened controls on U.S. exports of semiconductors in exchange for China’s releasing of more rare earths.
Trump tariffs live updates: US-China trade talks going well, could stretch into Wednesday, Lutnick says
Trade talks between the US and China resumed on Tuesday, with talks stretching well into the evening in London. Commerce Secretary Howard Lutnick said the talks were progressing “really, really well,” …
In China, fears grow of an EV financial crisis amid pricing war
Electric vehicle makers in China, led by the country’s market leader BYD, have been engaged in a bruising price war.
U.S.-China Trade Talks Are ‘Going Well,’ Lutnick Says. Chips, Rare Earths Are in Focus.
Officials from the U.S. and China are meeting in London this week to iron out details of a deal that would lower Donald Trump’s levies on imports.
World Bank slashes global growth forecast as trade tensions bite
The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3%, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly …
World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
Rumors to drive markets until concrete updates on U.S.-China trade talks emerge: FHN Financial
Yields on 10- and 30-year Treasurys were falling on Tuesday as a risk-off mood in Europe spilled over into premarket action in New York. The 10-year yield was down 4 basis points to 4.45% Tuesday,…
China has an ace up its sleeve in trade talks with the U.S. and stocks are going nowhere until Beijing plays it
There is no telling how the trade talks between the U.S. and China will pan out but China appears to be sitting at the table with a persuasive advantage: It has a global monopoly on…
