Trump, Xi talks offer hopes for US-China trade thaw

October 30, 2025 10:22 AM

Trump, Xi talks offer hopes for US-China trade thaw

U.S. President Donald Trump held talks with China's Xi Jinping at a South Korean air base on Thursday, with both leaders sounding optimistic about cooling trade tensions between the world's two largest economies. The talks in the southern port city of Busan, their first face-to-face meeting since 2019, marked the finale of Trump's whirlwind Asia trip on which he also touted trade breakthroughs with South Korea, Japan and Southeast Asian nations. "We are going to have a very successful meeting,...

Global stocks mixed as investors brace for Fed meeting, tariff deadline

July 30, 2025 3:54 PM

Global stocks mixed as investors brace for Fed meeting, tariff deadline

Global stocks struggled for clear direction on Wednesday ahead of the Federal Reserve's policy announcement later in the day, with investors cautious after two days of trade talks between the U.S. and China concluded without any major breakthroughs. Treasury yields and the dollar were also little changed as the market anticipated the Fed will keep rates on hold despite pressure from the White House to lower borrowing costs. Europe's STOXX 600 was flat, with blue-chip indexes in Frankfurt, Pari...