Trade deal ‘could be’ signed today: Donald Trump holds ‘great understanding’ with Xi Jinping; US-China ties in focus

US President Donald Trump hinted at a potential trade deal with China during high-stakes talks with Xi Jinping in South Korea. Amidst looming tariffs and trade tensions, both leaders expressed a desire for constructive management of their complex relationship, acknowledging existing frictions but seeking stability.

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OpenAI’s IPO plans: AI giant might see up to $1 trillion valuation—When to expect it?

OpenAI, the parent company of ChatGPT, is reportedly exploring a Wall Street debut as early as the second half of 2026, with a potential valuation of up to $1 trillion. The artificial intelligence giant is examining raising around $60 billion, aiming to fund its ambitious AI infrastructure goals and reduce reliance on Microsoft.

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US government shutdown fallout: Data blackout poses threat to economic growth- explained by analysts

America’s government shutdown is causing a major data gap. Key economic reports on jobs and national income are delayed. This information void affects business planning for the future. Experts warn of economic losses and cautious hiring. The situation risks inaccurate or unavailable data, impacting investment decisions.

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Thaw in trade ties: Trump announces cut in tariffs on China to 47% after meeting Xi; fentanyl-linked duties lowered to 10%

US President Trump and Chinese President Xi Jinping held crucial talks, leading to tariff reductions on Chinese goods and fentanyl. China will immediately resume significant soybean purchases, signaling a potential turning point in trade relations. Trump expressed optimism, rating the meeting highly and hinting at a diplomatic reset with a future visit to China.

Thaw in trade ties: Trump announces cut in tariffs on China to 47% after meeting Xi; fentanyl-linked duties lowered to 10% Read More »

Gold price prediction today: Will gold & silver prices continue to fall in near term? Here’s the outlook

Gold price prediction today: Gold and silver prices are expected to continue their decline in the near term, according to Maneesh Sharma. Both metals have fallen from record highs due to profit-booking, easing trade tensions, and a normalization in the silver market. Investors are now awaiting the Federal Reserve’s monetary policy decision and comments from

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Betting on Truth Social! Donald Trump’s social media app to enter ‘prediction market’; is it a gamble?

Truth Social is expanding its offerings beyond political commentary by introducing real-world event betting. Users will soon be able to wager on outcomes in politics, economics, sports, and entertainment through a partnership with a prediction market platform. This move aims to diversify revenue streams for Trump Media and Technology Group.

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Asian stocks today: Markets rise on AI deals and Fed rate cut hopes; Nikkei jumps over 1,000 points, Kospi adds 1%

Asian markets climbed, mirroring Wall Street’s record highs, driven by AI stock enthusiasm and anticipated US interest rate cuts. Investors are optimistic about potential breakthroughs in US-China trade talks ahead of a meeting between Presidents Trump and Xi. Upcoming tech earnings from Microsoft and Meta are also keenly awaited, poised to further fuel the current

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India-US trade deal: Trump says going to have a deal with India; claims threatened ‘250% tariffs’ during Indo-Pak conflict

US President Donald Trump claimed he averted a war between India and Pakistan by threatening hefty tariffs, suggesting a trade deal with India is imminent. He stated his intervention, coupled with a refusal to proceed with trade, prompted de-escalation.

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