Asian stocks jump after US and China agree to trade truce
Asian stock markets soared on Tuesday after the United States and China agreed to a 90-day halt in their trade war, easing recession fears and fuelling a region-wide buying spree.
Asian stock markets soared on Tuesday after the United States and China agreed to a 90-day halt in their trade war, easing recession fears and fuelling a region-wide buying spree.
Uzbekistan, Kazakhstan, Türkiye, Iran, China, and Turkmenistan have reached a key agreement on unified rail transport tariffs, marking a strategic step toward enhancing cargo flows along the China–Europe corridor through Central Asia and the Middle East.
The United States and China have struck a 90‑day truce in their trade dispute, agreeing to roll back reciprocal tariffs by an unprecedented 115 percent, U.S. Treasury Secretary Scott Bessent announced on Monday after talks in Geneva.
A magnitude 5.6 earthquake hit Xizang, China, on Monday, with the epicenter located 10 km below the Earth's surface, according to the German Research Center for Geosciences (GFZ).
World Trade Organization chief Ngozi Okonjo-Iweala said she was pleased with the positive outcome of U.S.-China trade talks in Geneva and urged both nations to build on this momentum by developing practical solutions that ease tensions, restore predictability, and bolster global trade.
The United States and China have entered the second day of high-stakes tariff negotiations in Geneva, with no significant breakthroughs yet, but U.S. President Donald Trump is optimistic about progress.
Senior U.S. and Chinese officials convened in Geneva over the weekend for in-depth discussions aimed at easing the trade tensions between the two economic powerhouses.
After weeks of escalating economic tensions and record-high tariffs, China’s Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent met in Geneva on Saturday in a bid to stabilize relations between the world’s two largest economies.
China has agreed to send its top economic official for rare trade talks with the U.S. in Geneva, as deepening economic troubles and geopolitical frictions force Beijing back to the negotiating table.
Ukraine has imposed sanctions on one Chinese firm and three Iranian companies, as outlined in a presidential decree issued Friday.
White House economic adviser Kevin Hassett said on Friday that early signs ahead of this weekend’s U.S.-China trade talks in Switzerland appear positive, with both sides showing mutual respect and a constructive tone.
U.S. President Donald Trump signaled support for steep tariffs on Chinese imports, calling 80% levies “right” ahead of high-level trade talks in Geneva aimed at easing escalating tensions between Washington and Beijing.
Russian President Vladimir Putin and Chinese President Xi Jinping reaffirmed their strategic partnership during WWII victory celebrations in Moscow, emphasizing unity against neo-Nazism and unilateral global actions.
Chinese President Xi Jinping and Russian President Vladimir Putin held talks in Moscow, emphasizing their strategic partnership and cooperation amid ongoing global tensions.
Chinese tech giant Baidu has filed a patent application for a groundbreaking artificial intelligence system capable of translating animal sounds and behavior into human language, according to a report by the South China Morning Post.
Chinese President Xi Jinping arrived in Moscow on Wednesday for a closely watched visit that underscores Beijing’s growing strategic alignment with Russia.
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.
China has voiced concern over escalating tensions between India and Pakistan following a reported military operation by India, calling for restraint and a commitment to regional peace.
Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday.
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday.
Nearly 100 young and middle-aged military officers from over 40 African countries including Egypt, Mozambique, Tanzania and Kenya have started a 10-day visit to China at the invitation of the Chinese Ministry of National Defence.
The Chinese foreign ministry said on Tuesday it would welcome visits by European Council President Antonio Costa and European Commission President Ursula von der Leyen at an appropriate time to jointly hold the next round of China-EU leaders' meetings.
Sudden strong winds capsized four tourist boats in China's Guizhou province, leaving ten dead, and dozens injured, prompting a major rescue operation and calls for improved safety measures.
You can download the AnewZ application from Play Store and the App Store.