Trump says he could reach trade deal with China, calls talk with Xi ‘friendly’
By Kanishka Singh WASHINGTON (Reuters) – U.S. President Donald Trump said his conversation with Chinese President Xi Jinping last week was friendly and he thought he could reach a trade deal with China. WHY IT’S IMPORTANT The leaders of the world’s two biggest
Trump signs executive order to boost US leadership in AI
Investing.com– President Donald Trump signed an executive order on Thursday, aimed at strengthening the United States’ position as a global leader in artificial intelligence (AI). The order sets the stage for new policies to advance innovation while removing what the administration
China cenbank conducts medium-term loan operation, rate unchanged
SHANGHAI (Reuters) – China’s central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People’s Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) loans to some
Yen on guard ahead of BOJ decision; dollar set for weekly loss
By Rae Wee SINGAPORE (Reuters) – The yen was front and centre for currency markets on Friday ahead of a Bank of Japan (BOJ) policy decision where it is all but certain to raise interest rates, while the dollar was headed
UK consumer morale sinks to lowest since late 2023: GfK survey
(Reuters) – British consumer confidence sank this month to its lowest level in over a year, marking the steepest drop between the months of December and January since 2011, according to a survey that added to signs of a slowdown