China’s factory activity contracted in May, according to an official survey released on Saturday, although the decline slowed from April as the country reached a deal with the U.S. to slash President Donald Trump‘s sky-high tariffs. China’s purchasing managers index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. … Read more
“If he sees the markets going down, he will make some changes in order to allow the market to move up again. So, it is not all over. There is going to be more and more back and forth between China and the US,” says Mark Mobius, Chairman, Mobius Emerging Opportunities Fund. What is your … Read more
Russian President Vladimir Putin said he had “productive” talks with Xi Jinping in Moscow on Thursday, addressing the Chinese leader as his “dear friend”. “Our talks with the President of the People’s Republic of China took place in a traditionally warm, friendly and constructive atmosphere and were very substantive and productive,” Putin told reporters at … Read more
Russian President Vladimir Putin‘s order for a three-day truce with Ukraine took effect Thursday, a move the Kremlin said would test Kyiv’s readiness for peace but that Ukraine has slammed as a farce.It was not clear whether either side was observing the ceasefire, even with world leaders — including China’s Xi Jinping, Brazil’s Luiz Inacio … Read more
President Xi Jinping will use his state visit to Moscow this week to showcase his tight ties with Russian counterpart Vladimir Putin, and capitalize on a trade war that’s isolating Washington.During his four-day trip starting Wednesday, Xi will hold his first in-person talks with President Putin since Donald Trump unleashed America’s highest tariffs in a … Read more
The Kremlin said on Tuesday that Russian forces still planned to cease fire in Ukraine from May 8-10 as per President Vladimir Putin‘s orders, but would respond if Ukrainian forces tried to strike Russian positions. Putin on April 28 declared a three-day ceasefire to mark the 80th anniversary of the victory of the Soviet Union … Read more
Chinese President Xi Jinping called for stronger industrial and supply chain cooperation with Vietnam and wider collaboration in emerging fields. File | Photo Credit: Reuters Chinese President Xi Jinping called for stronger industrial and supply chain cooperation with Vietnam and wider collaboration in emerging fields, the Chinese Foreign Ministry said on Monday (April 14, 2025), … Read more
President Trump didn’t seem to mind as his worldwide tariffs set off stock market sell-offs and wiped out trillions of dollars in wealth. “Be cool,” he told Americans. Then he blinked on Wednesday afternoon in the face of financial turmoil, particularly a rapid rise in government bond yields that could shake the dominant position of … Read more
President Donald Trump didn’t seem to mind as his worldwide tariffs set off stock market sell-offs and wiped out trillions of dollars in wealth. “Be cool,” he told Americans. Then he blinked Wednesday afternoon in the face of financial turmoil — particularly, a rapid rise in government bond yields that could shake the dominant position … Read more
A file image of Indian Prime Minister Narendra Modi and Chinese President Xi Jinping | Photo Credit Press Information via Reuters Leaders of India and China exchanged congratulatory messages on Tuesday (April 1, 2025), marking the 75th anniversary of bilateral relations amid the efforts to reset the ties after over four years of freeze due … Read more