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Huge differences remain between the superpowers on AI regulation, trade policy, and Taiwan’s security. Chinese leader Xi Jinping arrives in Washington today for talks with US President Donald Trump that are expected to be more pomp than progress. Trump will personally greet Xi, with a state dinner to follow tomorrow. B
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
European shares ticked higher in choppy trade on Tuesday, with investors watching for potential US-Iran talks. The STOXX 600 was up 0.2% by 0919 GMT. Energy stocks shed 0.5% tracking a dip in oil prices, while insurance shares declined 1.3%. Retail shares gained 1.8%, boosted by Kingfisher.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Global stocks rose, led by AI-linked tech shares, while oil fell on reports more supply was leaving the Gulf than previously thought. The note also listed closing levels for major equity, bond, currency and commodity markets.
Shanghai Composite index was up 0.6% at 3,933.37 points. China's blue-chip CSI300 index was up 0.4%. The start-up board ChiNext Composite index was higher by 0.9% and Shanghai's tech-focused STAR50 index was up 0.4%. The CSI AI Index added 1.1%. Tech shares gained after US Treasury Secretary Scott Bessent and Chinese V
US President Donald Trump is set to meet Chinese leader Xi Jinping for talks aimed at keeping a fragile trade truce on track. A look back at key moments in the US-China trade war shows escalating tariffs and subsequent negotiations.
China's export boom has defied tariffs and boosted its global trade surplus to over $1 trillion as President Xi Jinping prepares to meet President Donald Trump in Washington on Sept. 24, tempering expectations for major breakthroughs.
Talks aimed at teeing up potential deals ahead of Trump-Xi summit US-China trade truce is set to expire on November 10 China's He to lead delegation of Chinese companies to US By David Lawder and Antoni Slodkowski NEW YORK, Sept 20 (Reuters) — US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are s