Asian markets settle after rallying on US-China trade hopes

Oil rises one per cent on US, China trade talk optimism

The U.S. Trade Representative's office said officials broached those topics and discussed the need for any agreement to include "complete implementation subject to ongoing verification and effective enforcement".

The USTR also said the negotiations "focused on China's pledge to purchase a substantial amount of agricultural, energy, manufactured goods, and other products and services from the United States". If a "REAL" deal with China is possible, the USA will "get it done", Trump tweeted shortly after his dinner with Jinping last month. -China trade talks and the Federal Reserve's interest rate policy.

China is strong and has its own needs, said the Global Times, published by the ruling Communist Party.

Stocks cinched their fourth consecutive gain Wednesday as indexes around the world build on their early 2019 rally.

Lu also said Vice President Wang Qishan would attend the annual World Economic Forum in Davos, Switzerland in late January, but added that he had not yet heard of any arrangements for a meeting with Trump there. Macy's went public in February 1992 and reached an all-time high of nearly $73 a share in mid-2015, but four of the five biggest one-day plunges in its history have come in the last three years. Aerospace company Boeing rose 2.1 percent to $351.03 and General Electric jumped 4.6 percent to $8.89. The Kospi in South Korea dropped 0.1 per cent to 2,063.28. The Dow Jones Industrial Average gained 122.80 points, or 0.5 percent, to 24,001.92 after it fell 175 points in the morning. The S&P 500 index added 0.4 percent to 2,584.96. Stocks linked to faster economic growth, such as technology and energy companies, kept rising.

Negotiators appeared to make more progress on areas such as plans by China to step up purchases of American exports, while giving United States companies greater access to its market in order to build confidence between the two sides after months of bitter confrontation. In other words, the onus is on China to demonstrate that it will meet USA demands, with the threat of additional penalties in the background.

The U.S. China Business Council, a group representing American companies doing business in China, applauded the "substantive discussions" over the past three days, but urged the two governments to make tangible progress on achieving equal treatment of foreign companies in China and changes to policies aimed at technology transfer.

‘Do not weaken’: Italy’s leaders back France’s ‘yellow vest’ protesters
Deputy Prime Minister Luigi Di Maio, who heads the anti-establishment Five Star Movement (M5S), wrote on his party's blog. Known as "The Gypsy From Massy", the 37-year-old man had turned himself in on Monday and remained in police custody.

Ex-Russia inquiry chief Rod Rosenstein 'plans to resign'
He said it took about "three seconds" for him to get the answer he was looking for concerning what Barr thinks of Mueller. It is not clear who Trump will nominate to fill Rosenstein's position.

National Basketball Association roundup: Spurs’ DeRozan burns Raptors
The same thing happened during introductions, as Spurs fans gave Green a standing ovation and then ramped up the boos for Leonard. Gay played 23 minutes to Popovich's surprise, who thought the 13-year veteran would miss the game with a sprained left wrist.

Darson Chiu, an economist and research fellow at the Taiwan Institute of Economic Research, said the pledges China made looked similar to those it had offered earlier a year ago.

Since the Trump-Xi meeting in Argentina, China resumed purchases of USA soybeans.

USA officials have long complained that China has failed to live up to trade promises, often citing Beijing's pledges to resume imports of American beef that took more than a decade to implement.

Chinese officials have suggested that Beijing might alter its industrial plans, but reject pressure to abandon what they consider a path to prosperity and global influence.

"We've been hearing reports that there's been a narrowing of a gap between the two sides, but a narrowing of a gap is not a bridging of a gap, and it's a pretty wide gap".

Trump is increasingly eager to reach an agreement to help lift the markets, Bloomberg reported, citing people familiar with internal White House deliberations.

Trump has said that he would increase duties on another United States dollars 200 billion in Chinese imports from 10 to 25 percent if no deal is reached by March 2, and has also threatened to tax all imports from China if Beijing doesn't respond to U.S. demands. Forecasters expect American orders to slump this year. China responded by imposing penalties on $110 billion of American goods, slowing customs clearance for US companies and suspending issuing licenses in finance and other businesses.

Related News:

  • Denver Broncos hire Bears' Vic Fangio as head coach

    Denver Broncos hire Bears' Vic Fangio as head coach

    Instead, the Bears' season ended earlier than expected and now the man Mack dubbed an "evil genius" will join Miller in Denver. Kubiak coach the Broncos for two seasons and led them to the Super Bowl 50 championship three years ago.
    Suspicious package sent to Pak consulate in Melbourne

    Suspicious package sent to Pak consulate in Melbourne

    Domestic media reported more than a dozen foreign offices received the packages and that some staff said they contained asbestos. Hazmat and fire crews are seen outside the Indian and French Consulates on St Kilda Road with evacuated workers on the street.
    California man caught bizarrely licking strangers’ doorbell

    California man caught bizarrely licking strangers’ doorbell

    Police say it's no laughing matter, because the man spent hours licking the doorbell and walking around the family's yard. Salinas Police Department tracked Arroyo down and is weighing misdemeanor charges against him for prowling.
  • AMD Announces Radeon VII GPU During CES Keynote

    AMD Announces Radeon VII GPU During CES Keynote

    While we all had assumed ( based on the logo trademark ) that it would be called Radeon Vega II , it is in fact called Radeon VII. Lisa Su has been relatively cagey about the exact GPU specifications at the heart of of the new high-performance card.
    Kevin Hart emphatically says he won't host the Oscars

    Kevin Hart emphatically says he won't host the Oscars

    Kevin Hart has appeared to put an end to the rumors circulating over the past week that he would be returning to host the Oscars . Hart stepped down days after being announced in December following a backlash over tweets he posted between 2009 and 2011.
    Everything We Know About Chrissy Metz and Alison Brie's Golden Globes Fiasco

    Everything We Know About Chrissy Metz and Alison Brie's Golden Globes Fiasco

    When the camera panned to Brie, Metz was heard in the background saying something that sounded like, "She's such a b--". Gibson had first asked Metz, "Do you know a girl named Alison Brie? ". "I love Alison, I follow her", Metz shared.
  • Chargers have given Patriots' Tom Brady fits in playoffs

    Chargers have given Patriots' Tom Brady fits in playoffs

    With the Houston Texans losing to the Indianapolis Colts on Saturday, we know something about one AFC divisional-round matchup. It was the only quarter of Wilson's career, including playoffs, in which he had negative yards passing.
    PSG Players Influenced Timothy Weah's Move To Celtic

    PSG Players Influenced Timothy Weah's Move To Celtic

    Manager Brendan Rodgers said on the club's official website on Monday: 'Timothy's a young talent who is full global player. Other teams have invested well and improved. "The second half of the season will be really exciting".
    PG&E shares plunge on bankruptcy worries

    PG&E shares plunge on bankruptcy worries

    The company's roughly $18 billion in bonds also fell on Monday, with over 80 percent of the issues trading down. But they added that "exploitive tactics and a reticence toward change will not improve" the company's profile.
  • Partial federal government shutdown could impact tax refunds in Minnesota

    Partial federal government shutdown could impact tax refunds in Minnesota

    The IRS will pay tax refunds even as the agency is limited in its capabilities because of the government shutdown . Last year, the IRS issued billions of dollars in refunds - an average of more than $2,000 (£1,600) per filing.
    Mohamed Salah retains African Player of the Year award

    Mohamed Salah retains African Player of the Year award

    Unhappy with his two-goal return, Chelsea lent Salah to Italian outfits Fiorentina and Roma, then sold him to the latter club. He was also crowned as the best player in the Premier League last season and finished 6th in the Ballon d'Or ranking.
    Trump threatens to yank funds for California wildfire recovery

    Trump threatens to yank funds for California wildfire recovery

    No matter how many people with rakes they deploy, forests are going to burn b/c of longer, hotter summers due to climate chaos. Trump's statements on California are not the first time he's criticized the state for how it has dealt with wildfires.


Most liked

Fox News host Shep Smith wasted no time fact-checking Trump's address
MSNBC , HGTV and US rounded out the top five, while CNN averaged only 988,000 primetime viewers to finish eleventh overall. And yet this time around, all the major networks said they'd provide coverage of the speech.

Hyundai walking vehicle concept can drive, walk, and climb
The UMV blends tech found in electric cars and robots and can move across terrain that would limit even the most capable off-road vehicle.

Higuain Agrees Terms With Chelsea
According to report from the Stamford Bridge, Higuain is expected to earn about £140,000 a week when he finally joins the club. Seeing as he is here, he needs to get down and actually do something for this team.

Jeff Bezos, wife announce divorce
Three months after getting engaged, they were married and planning to move across the country so he could start up Amazon in 1994. Under Bezos, Amazon launched the Kindle e-reader and revolutionised the way books are distributed and read.

Timberwolves 'rallying around' new head coach Ryan Saunders
It's already been a whirlwind of a season thanks to Sunday's firing of Thibodeau and the Jimmy Butler trade on November 12. Minnesota has now parted ways with Thibodeau and Jimmy Butler over the last two months.

Speaker's Brexit ruling 'extremely concerning', say ministers
He later yelled "ridiculous" and "that is utter sophistry", but Mr Bercow defended his decision. He added: "I don't think that's what parliamentarians want".

Bayern Munich confirm deal for Benjamin Pavard
Bayern Munich have agreed a deal to sign French World Cup victor Benjamin Pavard from Stuttgart this summer. His strike in the knockout game against Argentina was named the goal of the tournament .

Lindsay Lohan Reflects on Past Relationships With Wilmer Valderrama and Samantha Ronson
Bennett is reportedly hosting the after show for Lohan's upcoming MTV reality show Lindsay Lohan's Beach Club . Be sure to watch Lindsay Lohan's Beach Club on MTV every Tuesday night at 8/7c.

Secret Star: This woman is smuggling in all the Golden-Globes
She now resides in Los Angeles but she's modeled all around the world. To me, the most interesting thing is watching the publicists. She's also worked for the German agency East West.

Maurizio Sarri: Cesc Fabregas must leave Chelsea for his own good
Bayern Munich are turning up the heat in their pursuit of Callum Hudson-Odoi after sporting director Hasan Salihamidzic confirmed their interest in signing him.

Trump walks out of border security meeting after Pelosi rejects wall pitch
Pete Hegseth said the ongoing border security battle highlights just how far to the left the Democratic Party has drifted. It's unclear if any of the networks will give Democrats "equal time" after Trump makes his address.

Osaka admits attitude problem after Tsurenko sets up Pliskova decider
She said after the match that she didn't know how to cope once things started to go against her. She'll play either Donna Vekic or fifth-seeded Karolina Pliskova in Sunday's final.

Susan Boyle is back in the spotlight and better than ever
Susan Boyle has landed herself a place in the final of America's Got Talent: The Champions after she received the Golden Buzzer. Despite being a runner-up on the show, she went on to sell over 25 million records worldwide.

Brisbane International: Tsonga's comeback gathers pace with win over de Minaur
For the opening hour of the match, Pliskova looked to be frustrated and out of sorts while Tsurenko was extremely composed. The Spain-based teenager lamented a handful of missed opportunities that came amid a barrage of Tsonga winners.

RESIDENT EVIL 2 HD REMAKE 1-Shot Demo Coming This Friday!
And if you prefer Resident Evil 2 digitally, it's Rs. 3,380 for the Xbox One, Rs. 3,375 on PS4, and Rs. 2,999 for PC via Steam. You've probably seen a bit of footage of Resi 2 by now, so chances are you'll be familiar with the locations of the demo .