Wednesday, 26 June, 2019

Wall Street boosted by optimism over US-China trade talks

Who claims what in the South China Sea Read More Who claims what in the South China Sea
Russell Knight | 09 January, 2019, 18:57

Leading shares indices across Asia and Europe rose as brief but positive statements appeared to encourage investors.

Chinese and American officials began talks Monday aimed at ending a bruising trade battle between the world's two biggest economies as Beijing complained over the sighting of a USA warship in what it said are Chinese waters.

U.S. Undersecretary for Trade and Foreign Agricultural Affairs Ted McKinney, center, who is part of U.S. trade delegation leaves from a hotel for a second day of meetings with Chinese officials in Beijing, China, Jan. 8, 2019.

The Trump administration's calculus regarding how much to stress either increased purchases of United States goods, on the one hand, or structural reforms reflects a divide within the White House.

"The trade situation is definitely bullish; you have a good demand construction if we can wrap up this trade deal", said Bob Yawger, director of futures at Mizuho in NY.

The two sides announced no details, but Asian stock markets rose on news of the decision to extend negotiations that originally were planned for two days.

He is expected to meet chief U.S. Trade Representative Robert Lighthizer later this month.

Trump imposed tariff increases of up to 25 per cent on $250 billion United States of Chinese imports.

Asked about the timing of the operation during trade talks, Lu said resolving issues would help both countries and the world.

"If it's a good outcome, it doesn't just benefit the U.S. and China, but it is also good news for the world economy", said foreign ministry spokesman Lu Kang.

Zarif: European countries have given shelter to anti-Iran terrorists
France past year imposed sanctions on two suspected Iranian agents and others from Iran's intelligence and security ministry. It also froze the assets of the directorate for internal security of the Iranian ministry for intelligence and security.

Virat Kohli and Anushka Sharma enjoy some romantic time in Australia
The actress joined her hubby for New Year celebrations and was cheering him and Team India during the test series in Australia. The happiness on Virat's face is quite evident in the latest pics that have circulated on the internet after the big win.

Suspicious Packages Found At Indian Mission, Other Embassies In Australia
Victoria Police said they are aware of the suspicious packages, but do not believe the public should be concerned. Two days before, a suspicious package containing white powder was found at the Argentine consulate in Sydney .

"The extension of the talks indicate that both sides take this very seriously", Lu said.

The US delegation included representatives from the departments of energy, agriculture, treasury and commerce.

The American delegation is led by a deputy US trade representative, Jeffrey D. Gerrish, and includes agriculture, energy, commerce, treasury and State Department officials.

"The two sides will release messages at the same time on Thursday morning Beijing time", Hu said. There the two agreed to a temporary relief from any tariffs increases and China agreed to put focused effort into trade negotiations over a 90-day period.

Share prices have surged in Europe and Asia on Wednesday on hopes for progress in resolving the tariffs battle between the USA and China as talks appeared to have been extended in Beijing.

Vice commerce minister Wang Shouwen heads the vice ministerial level talks for China, though Vice Premier Liu He, a top economic adviser to Xi, made an appearance at a meeting on Monday.

"I think there's a very good chance that we will get a reasonable settlement that China can live with, that we can live with and that addresses all of the key issues", Mr Ross said in an interview with CNBC.

Without a resolution, punitive U.S. duty rates on $200 billion in Chinese goods are due to rise to 25 percent from 10 percent on March 2.

In what was widely seen as a goodwill gesture, China on Tuesday issued long-awaited approvals for the import of five genetically modified crops, which could boost its purchases of USA grains as farmers decide which crops to plant in the spring.

On Monday, Chinese importers made another large purchase of United States soybeans, their third in the past month.

Recommended

Rosenstein Ready to Leave Once Attorney General Confirmed, Source Says Rosenstein Ready to Leave Once Attorney General Confirmed, Source Says While a timetable for his departure is not set in stone, Barr could be confirmed as soon as the beginning of February. If confirmed, Barr would be in charge of Mueller, unless he too recused himself.

Wolves thump Liverpool in FA Cup Wolves thump Liverpool in FA Cup Liverpool resume their bid for the Premier League title with an away clash against Brighton this weekend. Tottenham host Manchester United, while Manchester City take on Wolves on the Monday Night Football.

Google Assistant Aims to Eradicate Language Barriers with Its New Interpreter Mode Google Assistant Aims to Eradicate Language Barriers with Its New Interpreter Mode Once you know the hotel, you can choose your dates, then pay via existing Google Pay credentials associated with your account. The Assistant also tracks the traveler's itinerary through applications such as Google Keep, Any.do, Bring! and Todoist.

Kevin Hart Apologizes for His Past Anti-LGBTQ Comments Kevin Hart Apologizes for His Past Anti-LGBTQ Comments When asked if he is hosting the Oscars this year, he simply said , "No" and that it's too late to prepare. Hart on going over his past remarks: "I really had to dive into the whole thing, even the tweets.

Bayern confirm Pavard deal Bayern confirm Pavard deal Benjamin Pavard will join Bayern Munich in the summer after agreeing a five-year deal with the Bundesliga champions. Pavard joined Stuttgart from Lille in 2016, helping the side to win promotion back to the Bundesliga .

Xander Schauffele smashes course record to win Tournament of Champions Xander Schauffele smashes course record to win Tournament of Champions He set tournament marks with the lowest closing round by a victor and the largest 18-hole comeback (five shots). It's the seventh time that same fate has awaited Woodland, and he admitted it wasn't an easy pill to swallow.

Japan Has The Most Powerful Passport In The World Japan Has The Most Powerful Passport In The World The Ghanaian passport has been ranked 77th strongest in a world ranking of passports which was dominated by Asian countries. Nigeria was 94 in 2018 but has risen by three spots as its passport can take its holder into 47 countries without a visa.

Fiji Water Girl: 'I've been photobombing since I was a kid' Fiji Water Girl: 'I've been photobombing since I was a kid' And not only did she photobomb Hollywood's finest, but she also stared down the camera lens with her sultry gaze and outposed. Cuthbert appeared to enjoy herself at the Golden Globes , as she shared a photo of herself on the red carpet on Instagram .

Acer's New Gaming Laptop Comes With a Crazy Hinge Acer's New Gaming Laptop Comes With a Crazy Hinge If you're after something a little more realistic, the company also unveiled the more traditional-looking Predator Triton 500 . It also offers gamers "multiple gaming scenarios and better ergonomics", according to Acer marketing manager Belinda Marais.

National Basketball Association to Investigate Signing, Quick Release of Patrick McCaw by Cavaliers National Basketball Association  to Investigate Signing, Quick Release of Patrick McCaw by Cavaliers How long the league's review will take has not been determined, nor is it clear what the Warriors might be seeking. The New York Times first reported the Warriors' complaint and investigation.

Keane urges Hudson-Odoi to leave Chelsea for Bayern Keane urges Hudson-Odoi to leave Chelsea for Bayern He is improving and I am very happy with him. "I don't know the [injury] situation of Loftus-Cheek, if it is serious or not". Sarri said Hudson-Odoi had a "very great future here with the national team and with Chelsea ".

Venezuelan Ex-Magistrate Flees to Miami, Pledges to 'Collaborate' with US Authorities Venezuelan Ex-Magistrate Flees to Miami, Pledges to 'Collaborate' with US Authorities He urged Mexico and Spain to join the broad effort to help return Venezuela to democratic rule. Venezuela faces severe food shortages and hyper-inflation.

Tenshin Nasukawa Responds To Conor McGregor's Call-Out Tenshin Nasukawa Responds To Conor McGregor's Call-Out Apparently, Nasukawa was flattered that McGregor wanted to fight him. "Yours sincerely The champ champ", he Tweeted. Yet another superfighter is interested in facing Tenshin Nasukawa, 20, of Tokyo, Japan.

TESS Finds A New Planet In A Stellar Habitable Zone TESS Finds A New Planet In A Stellar Habitable Zone Those planets tear around their stars much more quickly than HD 21749b , completing orbits at 6.3 days and a meagre 11 hours. The Trappist-1 star system, which hosts a record seven Earth-like planets, was one of the biggest discoveries of 2017.

Oil prices rally amid OPEC-led output cut deal, falling U.S. inventories Oil prices rally amid OPEC-led output cut deal, falling U.S.  inventories Shares have risen on expectations that trade talks this week between the United States and China will ease the trade war. In fact, the continuous low price of oil is depicting a weaker economy of the world and the surging U.S. production.