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- Submitted May 12, 2025|From ecns.cn

China and the United States on Monday released a joint statement on China-U.S. Economic and Trade Meeting in Geneva. The following is the English translation of the full text of the joint statement: Joint Statement on China-U.S. Economic and Trade ...
- Submitted May 12, 2025|From @LiveSquawk

BoE’s Lombardelli: Underlying Inflation Pressures For UK Have Continued To Fall - Sensible To Continue Gradual Pace Of Cutting Rates - Current Stance Reflects Need To Squeeze Out Inflation Balanced With Lower Demand - Wage Growth Is Still Too High For On Target Inflation BOE'S LOMBARDELLI: US TARIFFS ADDED TO MY REASONS FOR 25 BP CUT LATEST US-CHINA DISCUSSIONS ARE GOOD NEWS, IF REPORTS ACCURATE TRADE POLICY UNCERTAINTY WILL CONTINUE UNTIL THERE'S A PERMANENT SOLUTION
- Submitted May 12, 2025|From @financialjuice|13 comments

US Treasury Secretary Bessent: Neither side wants a decoupling. US Treasury Secretary Bessent: We would like to see China more open to US goods. US Treasury Secretary Bessent: We think there is a possibility of purchase agreements to bring bilateral trade deficit into balance. US Treasury Secretary Bessent: There was no discussion on currency. US Treasury Secretary Bessent: The Trump admin is working hard to control fiscal deficit.
- Submitted May 12, 2025|From @DBNewswire|125 comments

*JOINT US-CHINA STATEMENT: US TO SUSPEND 24% DUTY RATE FOR 90 DAYS: RTRS BREAKING: China to lower tariffs on US goods to 10% from 125% for 90 days US tariffs on China to include a 10% base plus a 20% fentanyl levy US on China: We are removing the modified additional ad valorem rates of duty on those articles imposed by executive order 14259 of April 8, 2025 and executive order 14266 of April 9, 2025.
- Submitted May 12, 2025|From malaymail.com

Electricity theft linked to illegal cryptocurrency mining in Malaysia has surged by nearly 300 per cent from 2018 to 2024, according to Tenaga Nasional Berhad (TNB). The Star cited the utility provider saying this spike was uncovered through joint ...
- Submitted May 12, 2025|From columbian.com

At the biggest jewelry center in the United States, Alberto Hernandez fired up his machine on a recent day and waited until it glowed bright orange inside before shoveling in an assortment of rings, earrings and necklaces weighing about as much as a ...
- Submitted May 12, 2025|From channelnewsasia.com

Japan's service-sector sentiment worsened in April on concern over the impact of higher U.S. tariffs, a government survey showed on Monday, a sign uncertainty over trade talks with Washington was beginning to take a toll on the fragile economy. In ...
- Submitted May 12, 2025|From edition.cnn.com

The United States and China are set to give more detail on Monday about progress made during a weekend of marathon trade negotiations in Geneva, Switzerland by officials from the world’s two largest economies. Washington played up progress toward a ...
- Submitted May 11, 2025|From cnbc.com|1 comment

Nomura’s Rob Subbaraman warns of looming pressure on ASEAN industries as China redirects exports amid fracturing trade relations with the U.S.
- Submitted May 11, 2025|From finance.yahoo.com

Toyota Motor Corp. (TM) is the biggest carmaker in the world — and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war. Duties on imported cars and auto parts forced General Motors Co. ...
- Submitted May 11, 2025|From finance.yahoo.com|1 comment

The emails started pouring in on April 9, the day President Donald Trump’s 145% tariff on Chinese imports took effect. Clients were canceling orders for toys from Huntar Company Inc.’s factory in Guangdong Province, China. But Huntar CEO Jason ...
- Submitted May 11, 2025|From cyprus-mail.com

It’s late to the sell-USA party. But bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump’s trade war and keen to dump US stocks, Treasuries and the dollar. After an initial tumble to its ...
- Submitted May 11, 2025|From forex.com

Positivity stemming from weekend trade talks between the United States and China has safe havens like gold and the Swiss franc on the backfoot in early Asian trade on Monday. Despite a lack of specific detail, optimism from both the U.S. and Chinese ...
- Submitted May 11, 2025|From newstalkzb.co.nz

American authorities have moved to seize more than $1.2 million in cryptocurrency from a Kiwi pornographer awaiting trial for sex trafficking. Michael James Pratt, the Christchurch-born Kiwi behind a controversial US porn empire, was arrested at a ...
- Submitted May 11, 2025|From finance.yahoo.com|4 comments

The dollar climbed in early Asian trade on Monday after weekend talks between the United States and China eased concerns of a trade war between the world's two biggest economies while global hot spots appeared to cool. The greenback, Treasuries and ...
- Submitted May 11, 2025|From stockhead.com.au

Two of the world’s biggest mining names have tightened their grip on the next generation of West African gold developments, using a string of strategic investments to build a soft empire in the gold exploration hotspots of Côte d’Ivoire and Guinea. ...
- Submitted May 11, 2025|From traveldailynews.asia

Bhutan has taken a bold step into the future of travel by becoming the first country in the world to launch a national-level crypto payment system for tourism. In a groundbreaking partnership with Binance Pay and Bhutan’s fully digital DK Bank, the ...
- Submitted May 11, 2025|From pepperstone.com|4 comments

The handover of risk into the new trading week is positive, and US equity futures will start the week reacting to the US-China weekend meeting on a solid footing, and as such, I remain skewed for higher levels through the week ahead in DM equity ...
- Submitted May 11, 2025|From boj.or.jp

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- Submitted May 11, 2025|From mof.go.jp

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