Category: finance
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Canadian PM Mark Carney Apologizes to Trump Over Anti-Tariff Ad Amid Trade Tensions
Gyeongju, South Korea – Canadian Prime Minister Mark Carney confirmed on Saturday that he had apologized to U.S. President Donald Trump over a controversial anti-tariff political advertisement, and had advised Ontario Premier Doug Ford not to air it. Carney made the remarks while speaking to reporters after attending an Asia-Pacific summit in South Korea. The
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Xi Jinping Takes Center Stage at APEC Summit Following U.S.-China Trade Truce
Gyeongju, South Korea – Chinese President Xi Jinping dominated the spotlight at the 2025 Asia-Pacific Economic Cooperation (APEC) summit, meeting with leaders from Japan, Canada, and Thailand following a delicate trade truce with U.S. President Donald Trump. The truce, agreed upon on the sidelines of the summit, temporarily eased tensions between the world’s two largest
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EU and China to Maintain Dialogue on Export Controls Amid Trade Tensions
The European Union (EU) and China have reaffirmed their commitment to ongoing dialogue regarding export control policies, aiming to ease rising trade tensions between the two economic powers. The announcement came a day after EU and Chinese officials met in Brussels for high-level talks on trade and technology-related export controls. During the discussions, both sides
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Egypt to Inaugurate the Grand Egyptian Museum: A $1 Billion Cultural Marvel Near the Pyramids
Egypt Unveils the Grand Egyptian Museum — The World’s Largest Tribute to Ancient Civilization CAIRO — After decades of planning, delays, and international anticipation, Egypt is finally ready to open the Grand Egyptian Museum (GEM) — a $1 billion architectural and cultural landmark located just a mile from the Pyramids of Giza. The official opening
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Key Trade Takeaways from Trump–Xi Summit: Tariff Cuts, Soybean Deals, and Renewed Cooperation
BANGKOK, Oct. 30, 2025— The long-anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea delivered significant developments in the global trade landscape. The leaders, meeting for nearly two hours during Pacific Rim summit sessions, agreed to roll back select tariffs, resume agricultural trade, and restore cooperation in critical sectors
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U.S. Defense Secretary Hegseth Vows to ‘Stoutly Defend’ Indo-Pacific Interests in Talks with China
KUALA LUMPUR, Malaysia — October 31, 2025 — U.S. Defense Secretary Pete Hegseth reaffirmed Washington’s determination to “stoutly defend” its Indo-Pacific interests on Friday, following tense but constructive talks with Chinese Defense Minister Dong Jun on the sidelines of the Association of Southeast Asian Nations (ASEAN) Defense Ministers’ Meeting in Malaysia. The meeting marked another
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U.S. Warns Beijing Over ‘Aggression’ as Hegseth Confronts China’s Defence Chief on Taiwan
KUALA LUMPUR, Malaysia — October 31, 2025 — U.S. War Secretary Pete Hegseth confronted Beijing over its escalating military posture toward Taiwan and growing assertiveness in the South China Sea, expressing “serious concerns” during a tense meeting with Chinese Defence Minister Dong Jun on Friday. The 75-minute bilateral, held on the sidelines of the ASEAN
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U.S. and South Korea Finalize $350 Billion Trade and Investment Deal During Trump Visit
GYEONGJU, South Korea — October 29, 2025 — The United States and South Korea have reached a long-anticipated trade and investment agreement worth $350 billion, marking one of the most significant economic developments of U.S. President Donald Trump’s Asia tour. The announcement came Wednesday at the Asia-Pacific Economic Cooperation (APEC) Summit in Gyeongju, following a
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China Approves TikTok Sale Deal as US Treasury Secretary Bessent Signals Resolution Ahead
Beijing/Washington, D.C. – After months of tense negotiations, China has officially approved the transfer agreement for TikTok’s U.S. operations, marking a significant turning point in the high-stakes standoff over the popular short video app’s future. U.S. Treasury Secretary Scott Bessent confirmed the approval during an interview on Fox Business Network’s “Mornings with Maria” on Thursday,
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Chipotle Shares Plunge 19% Amid Weak Consumer Spending, Tariff Pressures
Chipotle Shares Drop as Sales Forecast Falls October 30, 2025 – Chipotle Mexican Grill (CMG.N) shares tumbled nearly 19% on Thursday after the company issued its third sales forecast cut of the year, alarming investors about challenges facing the fast-casual chain. The move erased about $9 billion in market value and marked Chipotle’s worst single-day
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