News

Fed Official Still Bracing for Economic Shock Despite China Tariff Pause
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth ...
China commits $9 billion in fresh credit to Latin America
President Xi Jinping vowed on Tuesday to boost China's footprint in Latin America and the Caribbean with a new $9 billion ...
A top Fed official still sees a big economic hit coming from tariffs despite US-China talks
Fed Governor Adriana Kugler still thinks the economy is likely headed for lower growth and sticky inflation amid tariff ...
China's AI-powered humanoid robots aim to transform manufacturing
SHANGHAI/BEIJING (Reuters) -In a sprawling warehouse in a Shanghai suburb, dozens of humanoid robots are manoeuvred by their ...
China’s Meituan to Start Brazil Business With $1 Billion Budget
Meituan will invest $1 billion over five years to start and expand a food delivery service in Brazil, as Luiz Inacio Lula da ...
Economist believes US-China tariff truce could be the start of a financial revolution
Former Trump advisor Stephen Moore said the market rebound that came as China and the U.S. agreed to a 90-day pause on ...
Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal
Oil prices had plunged the lowest level in four years earlier this month as President Donald Trump's global tariff regime ...
Expect China to help Trump on fentanyl, TikTok and midterm elections, says Evercore ISI strategist
Both the U.S. and China could be back at the negotiation table again soon to hash out further details, according to Treasury ...