29 h. ago Stock markets rise after US and China agree framework deal to restore trade war truce – business live

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsRichard Hunter, head of markets at interactive investor, says this week’s talks in London between the US and China “represent progress”, despite the lack of detail about what was agreed:“Apparently constructive talks between the US and China have put markets on a firmer footing, as investors hope that the worst of the tariff turbulence may have passed.Details of the framework which has been agreed in principle were patchy and in any event yet to be signed off by both Presidents. Chinese exports of rare earth minerals are likely to have been high on the agenda, although at this stage it has not become apparent what China may have negotiated in return.“Markets will likely welcome the shift in tone from confrontation to coordination. But with no further meetings scheduled, we’re not out of the woods yet. The next step depends on Trump and Xi endorsing and enforc...

Economics

33 h. ago US, China agree on ‘framework’ on trade after talks in London

US, China agree on ‘framework’ on trade after talks in London  Al Jazeera

Politics

33 h. ago China and U.S. reach trade framework agreement at London economic talks

China and U.S. reach trade framework agreement at London economic talks  Dimsum Daily

Economics

35 h. ago US and China agree to framework deal to restore trade war truce

Delegations to present plan to Donald Trump and Xi Jinping after Geneva ceasefire came under pressure

Economics

36 h. ago U.S., China agree on ‘framework’ to implement trade deal after two days of talks in London

U.S., China agree on ‘framework’ to implement trade deal after two days of talks in London  MarketWatch

Economics

36 h. ago US says it struck framework deal with China to restore trade war truce

Commerce secretary Howard Lutnick says he will present plan to Donald Trump

Economics

37 h. ago U.S., China say agreed to 'framework' after London trade talks

U.S., China say agreed to 'framework' after London trade talks  The Japan Times

Politics

6 d. ago Lebanese army warns Israeli airstrikes might force it to freeze cooperation with ceasefire committee

The Lebanese army has condemned Israel’s airstrikes on suburbs of Beirut, warning that such attacks are weakening the role of Lebanon’s armed forces that might eventually suspend cooperation with the committee monitoring the truce that ended the Israel-Hezbollah war

Events

1 week ago China accuses US of ‘seriously violating’ trade war truce; UK factory output shrinks again – business live

Rolling coverage of the latest economic and financial newsToday’s UK PMI report (see 9.52am) also shows that business confidence at British factories remained ‘subdued’ last month.Manufacturers continued to raise concerns that turbulent trade conditions, the weak economic outlook and rising cost burdens will make market conditions tough during the year ahead.Weak global market conditions, trade uncertainty, low customer confidence and cost pressures resulting from recent increases to UK employer NICs and minimum wages also contributed to clients’ reluctance to spend. That said, a recent bout of good weather did boost sales at some manufacturers. Continue reading...

Economics

1 week ago China accuses US of ‘seriously violating’ trade war truce – business live

Rolling coverage of the latest economic and financial newsTrade war fears don’t seem to have hurt the UK housing market last month.Lender Nationwide has reported that the average house price rose by 0.5% duing May, reversing most of the 0.6% fall recorded in April.“Despite wider economic uncertainties in the global economy, underlying conditions for potential home buyers in the UK remain supportive.“Unemployment remains low, earnings are rising at a healthy pace (even after accounting for inflation), household balance sheets are strong and borrowing costs are likely to moderate a little if Bank Rate is lowered further in the coming quarters as we, and most other analysts, expect.“What China is doing is they are holding back products that are essential for the industrial supply chains of India, of Europe. And that is not what a reliable partner does.” Continue reading...

Events

1 week ago Two men shot dead in Spanish bar after gang war 'truce' denied

A masked man is said to have entered Monaghans Fuengirola and killed his victims in front of horrified tourists.

Events

1 week ago Two 'Scottish' men shot dead in Spanish bar after gang war 'truce' denied

A masked man is said to have entered Monaghans Fuengirola and killed his victims in front of horrified tourists.

Events

1 week ago Gangland enforcers slam reports of "truce" as they vow to carry on turf war violence

The crime group released the video after reports of a truce between the Daniel and Lyons family.

Events

last month Asian shares gain after Wall Street's rally, but hopes are tempered by trade war uncertainties

Asian shares have advanced after China and the United States announced a 90-day truce in their trade war

Events