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AI summaryU.S. President Donald Trump and Chinese President Xi Jinping began the second and final day of their bilateral talks in Beijing on Friday, following a first day that covered trade and Taiwan, with Xi warning of potential clashes over Taiwan. The leaders signaled a desire for stable relations, and Trump invited Xi to visit the White House in September.
AI summaryUS Trade Representative Jamieson Greer said President Trump secured a commitment from China not to provide material support to Iran, while China's embassy reiterated its opposition to militarizing the Strait of Hormuz and its support for free navigation. The US is not seeking joint military operations with China in the region.
AI summaryUS President Donald Trump and Chinese President Xi Jinping are set to meet again for tea and a working lunch on Friday, the final day of Trump's state visit to Beijing. The leaders held two hours of formal talks on Thursday covering trade, fentanyl, Taiwan, Iran, Ukraine and North Korea, with Xi framing the discussions around 'constructive strategic stability.'
AI summaryThe US-China trade war is entering a new phase marked by legal confrontations and expanded export controls, including China's extraterritorial rare earth restrictions that could impact European and Ukrainian supply chains. Both Washington and Beijing are building rival regulatory regimes, leaving global businesses in a difficult position.
AI summaryAustralian shares are expected to open higher following a rally on Wall Street, with the S&P 500 notching another record close. Meanwhile, oil prices show mixed movements amid ongoing Middle East tensions and hopes for a peace deal, while investors also weigh US inflation data and the looming federal budget.
AI summaryCuba faces severe fuel and diesel shortages, leading to power cuts and economic strain. President Trump's characterization of Cuba as a 'failed nation' coincides with an expanded US pressure campaign. The Cuban government is weighing conditional aid from the Trump administration amid ongoing discussions about the US embargo.
AI summaryUS federal prosecutors have moved to dismiss criminal fraud charges against Indian billionaire Gautam Adani, ending a case that accused him of bribing Indian officials and misleading investors. The decision follows a pledge by Adani to invest $10 billion in the US and comes alongside civil settlements with the SEC and OFAC.
AI summaryUS President Donald Trump arrived in Beijing for a state visit, with talks expected to focus on trade, rare earths, Taiwan, and the Iran conflict. The summit follows an October truce in the trade war, but both sides face pressures that could shape the outcome.
AI summaryU.S. President Donald Trump and Chinese President Xi Jinping concluded a two-day summit in Beijing, marked by ceremonial events, bilateral talks, and a state banquet. Xi warned that mishandling the Taiwan issue could lead to conflict, while Trump sought China's help on Iran and trade remained a key topic. Tech leaders including Elon Musk and Jensen Huang accompanied Trump.
AI summaryNvidia CEO Jensen Huang joined President Trump's delegation to Beijing for a summit with President Xi Jinping, focusing on trade, tariffs, and Taiwan. The visit highlights hopes for easing US chip export restrictions to China, while financial disclosures reveal Trump invested in tech firms including Nvidia and Apple.
AI summaryA massive Russian aerial assault on Kyiv killed at least one person and wounded 31 others, according to Ukrainian officials. The attack, which involved over 670 drones and 56 missiles, struck residential areas and civilian infrastructure, prompting Ukraine to urge global leaders to exert pressure on Russia.
AI summarySouth Korea's benchmark KOSPI closed at a record high of 7,981.41 on Thursday, just shy of the symbolic 8,000-point level, buoyed by tech-led gains on Wall Street and hopes for eased U.S.-China tensions during President Trump's visit to Beijing. Trade was heavy, with retail investors and institutions offsetting continued foreign selling.
AI summaryUS President Donald Trump and Chinese President Xi Jinping met in Beijing for a high-stakes summit, expressing a desire to stably manage relations while staking out positions on Taiwan and trade. Trump later took to social media to agree with Xi's assessment of US decline under his predecessor, while highlighting his own administration's achievements.
AI summaryUS President Donald Trump has arrived in Beijing for a three-day summit with Chinese President Xi Jinping. The agenda includes trade, the war in Iran, and the technology race, with analysts debating whether the meeting could reshape global power dynamics.
AI summaryUS Secretary of State Marco Rubio said Washington hopes to convince Beijing to take a more active role in resolving the Iran war crisis, describing the conflict as a 'huge source of instability.' President Donald Trump arrived in Beijing for talks with Chinese President Xi Jinping, with trade and global issues on the agenda.
AI summaryUS President Donald Trump and Chinese President Xi Jinping began a two-day summit in Beijing, covering trade, the war on Iran and Taiwan. The White House said the two leaders agreed the Strait of Hormuz must remain open, while China opposed its militarisation and any tolls, and expressed interest in buying more American oil.
AI summaryUS President Donald Trump is in Beijing for his first meeting with Chinese President Xi Jinping since 2017, with trade tensions, Taiwan, and the Iran war dominating discussions. A high-powered business delegation accompanies Trump, but observers remain cautious about concrete outcomes from the two-day state visit.
AI summarySouth Korean stocks opened at a record high on May 14 and remained near the historic 8,000-point milestone the next day, driven by gains on Wall Street led by tech shares. The KOSPI briefly touched 7,951.75, just a few points shy of the unprecedented level, as investors welcomed the US-China summit outcomes and strong performance from AI-related companies.