By Emma Farge and John Revill GENEVA (Reuters) – The U.S. and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a “deal” to reduce the U.S. trade deficit, while Chinese officials said the sides had reached “important consensus” and agreed to launch another new economic dialogue forum. Neither …
US, China hail ‘constructive’ Geneva trade talks, details due Monday Read More »
By Julie Zhu, Summer Zhen and Kane Wu HONG KONG (Reuters) -Chinese battery maker CATL is launching its Hong Kong public offering on Monday, aiming to raise at least $4 billion at about a 5% discount to its domestic share price, three people with knowledge of the deal said on Sunday. CATL’s Shenzhen-listed shares last …
CATL to launch at least $4 billion Hong Kong listing on Monday, sources say Read More »
SHENZHEN, China (Reuters) -China’s car sales in April rose for a third month, up 14.8% from a year earlier, as government-subsidised auto trade-ins mitigated the impact of U.S. tariffs on consumer sentiment. Passenger vehicle sales totalled 1.78 million units last month and for the first four months of 2025 were up 8.2% from the same …
Chinese passenger car sales rise for a third month in April Read More »
By John Revill, Emma Farge and David Brunnstrom GENEVA/WASHINGTON (Reuters) -U.S. President Donald Trump hailed talks with China in Switzerland on Saturday, saying the two sides had negotiated “a total reset … in a friendly, but constructive, manner.” “A very good meeting today with China, in Switzerland. Many things discussed, much agreed to,” Trump posted …
Trump hails China talks, says two sides negotiated ‘total reset’ in Geneva Read More »
BEIJING (Reuters) -China’s factory-gate prices posted the steepest drop in six months in April while consumer prices fell for a third month, underlining the need for more stimulus as policymakers grapple with the economic toll from a trade war with the United States. A prolonged housing market downturn, high household debt and job insecurity have …
China’s factory-gate deflation deepens as trade war bites Read More »
By Laurie Chen and David Lawder BEIJING/WASHINGTON (Reuters) -China and the United States start their first major Trade War Two meeting on Saturday to pull back from what analysts describe as a lose-lose situation for their economies, without much clarity on what a win would look like for either side. China is at the epicentre …
Analysis-China and the US to talk trade war ceasefire, not peace Read More »
By Michael Hogan, Peter Hobson and Gus Trompiz HAMBURG/CANBERRA/PARIS (Reuters) -Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China’s agricultural heartlands. China is the world’s top wheat grower and also imports large amounts of grain when …
Exclusive-China buys Canadian, Australian wheat as heat hits crop, traders say Read More »
By Ariba Shahid and Rodrigo Campos (Reuters) – The International Monetary Fund executive board approved on Friday a fresh $1.4 billion loan to Pakistan under its climate resilience fund and approved the first review of its $7 billion program, freeing about $1 billion in cash. “Pakistan’s policy efforts under the (program) have already delivered significant …
IMF frees $1 billion for Pakistan, approves new $1.4 billion program Read More »
By Lisa Baertlein LOS ANGELES (Reuters) -Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump’s punishing tariffs on the world’s top exporting country collapse trade, maritime consultants said. The ships on those routes have the combined capacity to deliver 25,682 40-foot containers …
Container shipping firms cull Asia-US service as Trump tariffs collapse trade Read More »
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval of its $15 billion bid for U.S. Steel, a person familiar with the matter said. Semaphor, which first reported news of the visit, said Mori would meet with Trump administration officials during the trip,citing sources. …
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says Read More »
