Global News From All Around the World Blog

Trump hails trade deal with China as one of the largest ever made 0

Trump hails trade deal with China as one of the largest ever made

President Donald Trump has told reporters on Air Force One that a trade deal brokered with China is one of the largest ever made. After meeting at the G-20 summit in Argentina, Trump and...

Fed Chair Powell survives a critical week. Here’s why he faces even bigger tests in the future 0

Fed Chair Powell survives a critical week. Here’s why he faces even bigger tests in the future

That type of confusion over signaling is the kind of thing Powell will need to avoid as the Fed gets near the end of its tightening cycle. It’s also critical to keep in mind...

Oil just had its worst month in a decade, and its next move may depend on Saudi Arabia and Trump 0

Oil just had its worst month in a decade, and its next move may depend on Saudi Arabia and Trump

Last month was crude oil’s worst in a decade, battered by supply concerns and global politics. West Texas Intermediate, or U.S. crude, lost 21 percent in November, tumbling to its lowest level in a...

The US needs to clean up its monetary excesses and twin deficits 0

The US needs to clean up its monetary excesses and twin deficits

Price stability is a precious public good — a situation where investment decisions and contractual relationships are made under assumptions of stable prices, because the monetary authorities are trusted to deliver a stable purchasing...

Cracking the Chinese market requires patience and localization, Western executives say 0

Cracking the Chinese market requires patience and localization, Western executives say

To break into China and expand their businesses in Asia, companies need to establish a long-term strategy and a deep understanding of local practices, several business leaders told CNBC. “If you want to come...

What Beijing and its state-controlled media are saying about the Trump-Xi deal 0

What Beijing and its state-controlled media are saying about the Trump-Xi deal

The White House did not immediately respond to a CNBC request for comment outside of U.S. business hours. The Chinese Ministry of Foreign Affairs did not immediately respond to a faxed request for comment...

It’s not over: The US-China trade war is still on despite 90-day tariff ceasefire, experts say 0

It’s not over: The US-China trade war is still on despite 90-day tariff ceasefire, experts say

Markets around the world cheered the 90-day ceasefire that U.S. President Donald Trump and Chinese President Xi Jinping agreed on over the weekend, but experts repeatedly expressed doubt that any concrete steps to totally...

Europe stocks rally as US and China agree to temporary trade truce; miners and autos surge 4% 0

Europe stocks rally as US and China agree to temporary trade truce; miners and autos surge 4%

The pan-European Stoxx 600 was up more than 1.6 percent during mid-morning deals, with almost all sectors in positive territory. Germany’s DAX index led the gains among the major bourses, surging around 2.5 percent...

Trump only agreed to ‘non-escalation,’ so China still faces ‘real economic consequences’: Expert 0

Trump only agreed to ‘non-escalation,’ so China still faces ‘real economic consequences’: Expert

Chinese President Xi Jinping and U.S. President Donald Trump may have agreed to put their bilateral trade war on pause, but that move is merely a “non-escalation rather than a ceasefire” between two of...

The next date to watch in the US-China trade war is Dec. 18, expert says 0

The next date to watch in the US-China trade war is Dec. 18, expert says

In addition to what Beijing does on or around Dec. 18, developments in Washington will also shed light on where U.S.-China relations stand, Kennedy said. First, Kennedy said he’ll watch for signs on whether...