AFP

China says ready to ‘strengthen’ cooperation with US after trade talks

China’s vice premier and top trade negotiator said Beijing was ready to “strengthen cooperation” with Washington, Chinese state media said Wednesday, following trade talks in London it said had made substantial progress.US Commerce Secretary Howard Lutnick expressed optimism after a full day of negotiations that concerns surrounding rare earth minerals and magnets “will be resolved” …

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ECB’s Lagarde slams ‘coercive trade policies’ in Beijing visit

European Central Bank chief Christine Lagarde warned Wednesday that “coercive trade policies” risked harming supply chains and the global economy, and called for a de-escalation of a tariff standoff that has wiped billions off markets.Lagarde, one of the world’s most influential central bankers, is visiting Beijing this week for talks with local counterparts on the …

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Asian equities rally after China-US framework on trade

Asian stocks rose Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff deal.After two days of high-profile, closely watched talks in London, the two sides said they had set up a framework to move towards a pact, following negotiations in Geneva …

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Nintendo says sold record 3.5m Switch 2 consoles in first four days

Nintendo said Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched.”This is the highest global sales level for any Nintendo hardware within the first four days,” the Japanese video game giant said in a statement.Featuring a bigger screen and more processing power, …

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Fires force Indigenous Canadians to tourist town of Niagara Falls

Niagara Falls, Canada is often packed with visitors, but hotel rooms in the tourist city are currently occupied by hundreds of people who did not come for sight-seeing. Indigenous Canadians from remote communities thousands of kilometers away have been forced to flee their homes because of raging wildfires and are staying at Niagara Falls hotels. Among them …

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Experts warn Canada’s wildfire season likely to be massive again

Two years after a historically devastating summer, Canada is once again facing a massive fire season, with burned areas already exceeding year-to-date averages from recent years. More than 220 active fires were burning across the country Tuesday, with half of them considered out of control. More than 3.3 million hectares (12,700 square miles) have already been consumed …

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Pakistani man who allegedly plotted US attack extradited from Canada

A Pakistani man was extradited from Canada to the United States on Tuesday to face charges of plotting to carry out an attack on Jews in New York City, the Justice Department said.Muhammad Shahzeb Khan, 20, also known as Shahzeb Jadoon, was arrested in Canada in September.According to a criminal complaint, Khan planned to travel …

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Stocks muted as investors track US-China trade talks

Global stock markets moved indecisively Tuesday as investors waited for the outcome of US-China talks aimed at cementing a fragile trade war truce between the world’s two biggest economies.A second day of high-level talks in London between the United States and China stretched into the evening Tuesday with no concrete announcements so far.US equities finished …

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