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Trump on track to meet Xi in South Korea, Bessent says
WASHINGTON, Oct 13 (Reuters) - U.S. President Donald Trump was on track to meet with Chinese leader Xi Jinping in South Korea as the two sides de-escalate tensions over trade disputes, U.S. Treasury Secretary Scott Bessent said on Monday."We have substantially de-escalated," Bessent said in ...Reuters
Mon, Oct 13
Wall Street futures climb after Trump cools rhetoric on China
Oct 13 (Reuters) - U.S. stock index futures rose on Monday following Friday's pullback, as investors returned to risk assets after President Donald Trump's softer tone eased concerns over renewed U.S.-China trade tensions.Reuters
Mon, Oct 13
Did the Market Overreact to Chinese Assets? Analysts Say Now Is the Best Time to Buy!
TradingKey - After former U.S. President Donald Trump renewed threats of significantly raising tariffs on China, the Nasdaq Golden Dragon China Index plunged over 6% last Friday — its largest single-day drop since April — dragged down by tech, semiconductor, and AI data center-related sectors.TradingKey
Mon, Oct 13
US Tax Credit Deadline Fuels 34% LG Energy Q3 Profit Gain on Shipment Surge
TradingKey - Korean battery manufacturer LG Energy Solution (LGES), which has been under scrutiny due to U.S. Immigration and Customs Enforcement (ICE) actions, disclosed preliminary Q3 2025 financial results on Monday, showing a 34% year-on-year increase in operating profit, significantly...TradingKey
Mon, Oct 13
Pakistani troops on high alert on Afghan border after fighting, trade halts
Pakistani troops were on high alert on the country's border with Afghanistan on Monday after fierce weekend fighting between the two sides left dozens dead and drew the attention of U.S. President Donald Trump, who said he could help end the conflict.Reuters
Mon, Oct 13
Trump suggests Hamas has approval for internal security operations in Gaza
Oct 13 (Reuters) - U.S. President Donald Trump suggested Hamas had been given a greenlight for internal security operations it is conducting in the Gaza Strip, saying the group wants "to stop the problems" and "we gave them approval for a period of time".The Palestinian militant grou...Reuters
Mon, Oct 13
EUR/GBP holds positive ground above 0.8700 as France’s Macron unveils new government
The EUR/GBP cross trades with mild gains near 0.8705 during the early European session on Monday. The Pound Sterling (GBP) weakens against the Euro (EUR) amid concerns over potential tax increases in the upcoming Autumn Budget.
Fxstreet
Mon, Oct 13
PRECIOUS-Gold rises to record as US-China trade woes escalate; silver scales all-time peak
Oct 13 (Reuters) - Gold soared to a record high on Monday, lifted by safe-haven demand amid renewed U.S.-China trade tensions and expectations of U.S. Federal Reserve interest rate cuts, while silver also surged to an all-time high.Reuters
Mon, Oct 13
USD/INR inches lower due to potential market intervention by RBI
The Indian Rupee (INR) remains steady against the US Dollar (USD) on Monday, after registering losses in the previous session. The USD/INR pair hovers around 88.70 during the Asian hours, with the Reserve Bank of India’s (RBI) frequent interventions preventing the INR from breaching its record low oFxstreet
Mon, Oct 13
China's yuan inches higher as firmer fix tempers renewed US-China trade tensions
SHANGHAI, Oct 13 (Reuters) - China's yuan edged higher against the dollar on Monday, paring sharp losses in the prior session, as a stronger midpoint guidance rate cushioned the impact of renewed trade tensions between Beijing and Washington.Reuters
Mon, Oct 13
Trump's reignited trade war with China clouds IMF, World Bank meetings
WASHINGTON, Oct 13 (Reuters) - Finance chiefs gathering in Washington this week were ready to discuss the global economy's surprising resilience in the face of Donald Trump's tariff assaults - until the U.S.-China trade war erupted again with the U.S. president threatening 100% duties on Chinese impReuters
Mon, Oct 13
Samsung Set for 10 Trillion Won Q3 Profit as AI Demand Sparks Memory Price Rally
TradingKey - Global memory chip leader Samsung Electronics will announce its preliminary third-quarter 2025 results on Tuesday, October 14, with high market expectations. Analysts predict that thanks to strong recovery in server demand driven by customer inventory rebuilding and the resulting...TradingKey
Mon, Oct 13
Google says Australian law on teen social media use 'extremely difficult' to enforce
SYDNEY, Oct 13 (Reuters) - Alphabet-owned Google GOOGL.O on Monday said it would be "extremely difficult" for Australia to enforce a law prohibiting people younger than 16 from using social media, warning that the government's initiative would not make children safer online.Reuters
Mon, Oct 13
