Xi Jinping
CNBC Daily Open: Cooler-than-expected U.S. consumer inflation adds to market cheer
People shop for food at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later […]
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Japan’s Nikkei 225 crosses 50,000 for the first time, leading gains in the region
Japan’s Nikkei 225 breached the 50,000 mark for the first time Monday, leading regional gains as investors cheered progress in U.S.-China trade talks and strong momentum from Wall Street. The benchmark index rose over 2%, while the Topix added 1.61%. South Korea’s Kospi jumped 1.83% after hitting a record high on Friday, while the small-cap […]
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Scott Bessent says he’s ‘felt this pain’ from China because ‘I’m actually a soybean farmer’
Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two […]
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Trump eyes trade deal after U.S. and China reach an early consensus in ‘successful’ talks
U.S. President Donald Trump listens to Cambodia’s Prime Minister Hun Manet ahead of a ceremonial signing of a ceasefire agreement between Thailand and Cambodia on the sidelines of the 47th Association of Southeast Asian Nations Summit in Kuala Lumpur, Malaysia, on Oct. 26, 2025. Mohd Rasfan | Via Reuters U.S. President Donald Trump said he […]
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Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above […]
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U.S., China seek to avoid trade war escalation, salvage Trump-Xi meeting in Malaysia talks
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Top economic officials from the U.S. and China kickstarted talks in Kuala Lumpur on Saturday to avert an […]
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European stocks higher as earnings buoy sentiment; Saab up 4.5% amid defense boom
LONDON — European stocks opened in positive territory on Friday amid a slew of earnings reports. The pan-European Stoxx 600 was 0.1% higher at 8:43 a.m. in London (3:43 a.m. ET), though sectors and bourses were mixed. The U.K.’s FTSE 100 and Italy’s FTSE MIB were around 0.1% higher in the first hour of […]
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CNBC Daily Open: Trump’s handprints on the U.S. economy
U.S. President Donald Trump gestures during an announcement regarding his administration’s policies against cartels and human trafficking, from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025. Jonathan Ernst | Reuters China on Thursday concluded its “Fourth Plenum,” a meeting aimed at setting out the country’s development agenda for […]
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China strikes conciliatory tone ahead of expected Trump-Xi meeting
China’s Minister of Commerce Wang Wentao spoke alongside other senior officials at a press conference on Friday, Oct. 24, 2025. Picture Alliance | Picture Alliance | Getty Images BEIJING — The U.S. and China can still find ways to work together, Chinese Commerce Minister Wang Wentao told reporters Friday, ahead of an expected meeting between […]
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Asia-Pacific markets rise as White House says Trump will meet Xi next week
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China’s President Xi Jinping were set to hold talks next week. U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late […]
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