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The Latest Breaking News from Xi Jinping

Stocks Set to Retreat From Record Highs, U.S. PCE Inflation Data and Powell’s Remarks Awaited

December S&P 500 E-Mini futures (ESZ25) are down -0.30%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.35% this morning, pointing to a slightly lower open on Wall Street as investors look for fresh catalysts to drive equities already trading at record highs.

Barchart

Asian Markets Mixed As Traders Take Stock After Fed-fuelled Rally

Asian markets fluctuated between gains and losses Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's interest rate cut.

International Business Times

North Korea’s Kim says open to US talks if denuclearisation demands dropped

Kim Jong Un also said he had ‘fond memories’ of Trump, in a speech to Pyongyang’s Supreme People’s Assembly.

Al Jazeera

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Look to Myanmar for a terrifying vision of a world where authoritarians have unfettered power

The brutality and repression there highlight the failings of a dysfunctional world order. Unless we do better, this is the future, says Guardian foreign affairs commentator Simon Tisdall

The Guardian - UK

S&P 500, Nasdaq, Dow Reach Record Highs After Fed Signals More Cuts; Jobless Claims, Manufacturing Data Beat Consensus

US equity indexes soared a day after the US Fed hinted at more rate cuts this year after lowering the federal funds rate by 25 bps to 4% to 4.25%.

International Business Times UK

Trump Puts Taiwan Weapons Package on Ice Amid China Talks: Report

Donald Trump has reportedly held back a major military aid package for Taiwan, valued at more than $400 million, as he looks to secure both a trade deal and a potential meeting with Chinese President Xi Jinping.

Benzinga

Americans Would Dominate Board Of New TikTok US Entity: W.House

A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday.

International Business Times

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Trump’s reported pause on Taiwan weapons aid sparks fears he is using island for China trade deal

It comes amid US efforts for deal after punishing trade war and hours before Trump and Xi Jinping spoke on phone

The Guardian - UK

The China Gambit: Trump and Xi Signal Progress on Trade and TikTok After 'Productive' Call

President Trump and China's leader Xi Jinping have reached a breakthrough agreement on trade and TikTok following a 'productive' phone call. Explore what the deal means for social media and the global economy.

International Business Times UK

Trump news at a glance: president hikes H-1B visa cost to $100,000 a year as aide tells firms to ‘train Americans’

Decision could be major blow to tech industry, but commerce secretary says ‘all of the big companies are on board’

The Guardian - US

Russia-Ukraine war: List of key events, day 1,304

Here are the key events on day 1,304 of Russia’s war on Ukraine.

Al Jazeera

Trump suggests China approves TikTok deal, though app's fate still unclear

U.S. officials said earlier this week they had a framework deal with China on a sale.

Axios

Trump-Xi call thaws US-China relations, but no clear TikTok deal yet

While the leaders had ‘broken ice’ with the call, US President Donald Trump was in no place to impose more tariffs.

Al Jazeera

Stock Indexes Rally to New Record Highs on Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.70%. December E-mini S&P futures (ESZ25 ) rose +0.42%, and December E-mini Nasdaq futures...

Barchart

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Kiplinger

Trump-Xi Talks Boost Stocks to New Highs: Stock Market Today

Investors, traders and speculators finish a dramatic week in a risk-on mood.

Benzinga

TikTok Drama Isn't Just About Security—It's About Control Too: What To Know

Is TikTok a national security threat, or an opportunity for the U.S. government to cash in?

Benzinga

TikTok Stays Online As Trump Extends US Deadline, Washington Still Demands ByteDance Divestment

U.S. President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok deal and agreed to meet in South Korea in just over a month.

The Guardian - US

Trump says Xi Jinping has agreed to approve TikTok deal, but details unclear

Trump’s statement suggests preliminary agreement between leaders in the first direct contact between them since June

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Benzinga

Wall Street Extends Gains, Apple Jumps To Highest Since February: What's Moving Markets Friday?

Wall Street kept driving equity valuations higher on Friday, extending the momentum from Thursday when all major U.S. benchmarks closed at record highs following the Federal Reserve's rate cut.

The Independent UK

Mixed markets in London as Donald Trump and Xi Jinping talk

It comes in a week when interest rate decisions went mostly as expected.

The Independent UK

Trump says he’ll meet with Xi in South Korea and visit China next year after ‘very productive’ TikTok call

Trump and Xi are also expected to discuss trade and other pressing matters

The Guardian - US

Trump mega-donor privately mocked his claim to have upper hand with China

Liz Uihlein sent staff email with cartoon of Trump saying ‘I hold the cards’ to which Xi says ‘the cards are made in China’

International Business Times UK

Donald Trump 'Saves' TikTok, Makes Monumental Deal With China: 'It Helped Get Me Elected'

Trump-Xi call seals TikTok US sale to avert shutdown, crediting app for his win. Amid trade wars and algorithm worries, does it boost users or Beijing's spies

International Business Times

Trump Hopes To Settle TikTok's Fate On Xi Call

President Donald Trump, who recently accused Xi Jinping of working to "conspire" against the United States, hopes to finalize the fate of video-sharing app TikTok and make progress on trade talks in a phone call with the Chinese leader on Friday.

Euronews

European markets open higher after rally on Wall Street, slide in Asia

An interest rate cut earlier this week by the US Federal Reserve has boosted sentiment in Europe and the US. Investors are also watching for news of a phone call on Friday between President Donald Trump and China's President Xi Jinping.

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