Articles in this Cluster
05-06-2025
Asia-Pacific markets traded mixed on Thursday following a report showing U.S. private sector hiring hit its lowest level in over two years. South Korean markets rose, with the Kospi advancing 1.33%, while Japan's Nikkei 225 fell 0.42%. Asian tech giants extended their gains for a second session, with SK Hynix surging 3.45% and Samsung Electronics advancing 2.16%. Shares of Asia-Pacific steelmakers mostly rose despite the U.S. doubling tariff rates on imported steel and aluminum. China's services activity grew in May, but new export orders slowed due to U.S. tariffs. Nintendo's shares fell nearly 2% after the launch of its Switch 2 gaming console. Bridgewater founder Ray Dalio warned against trying to lower interest rates 'unnaturally'.
Entities: Asia-Pacific markets, U.S., South Korea, Japan, Australia • Tone: neutral • Sentiment: neutral • Intent: inform
05-06-2025
The U.S. economy's health is debated as recent reports show mixed signals. The ADP report showed a lower-than-expected 37,000 private sector jobs created in May, and the Federal Reserve's 'Beige Book' indicated a slight decline in economic activity. Meanwhile, U.S. stocks were mixed, with the Dow Jones Industrial Average slipping 0.22% and the Nasdaq Composite adding 0.32%. President Donald Trump commented on the difficulty of making a deal with Chinese counterpart Xi Jinping and called on the Federal Reserve to lower interest rates. The financial sector is starting to cool, and Circle Internet Group priced its IPO higher than expected at $31 per share.
Entities: Donald Trump, Xi Jinping, Federal Reserve, ADP, Circle Internet Group • Tone: neutral • Sentiment: negative • Intent: inform
05-06-2025
US President Donald Trump and Chinese President Xi Jinping held a 90-minute phone call, agreeing to resume trade talks between the two nations. The call comes amid an ongoing trade war, with both sides having imposed significant tariffs on each other's goods. Trump announced that US officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, will meet with Chinese counterparts at a to-be-determined location.
Entities: Donald Trump, Xi Jinping, United States, China, Scott Bessent • Tone: positive • Sentiment: positive • Intent: inform
05-06-2025
US President Donald Trump and Chinese President Xi Jinping held a 90-minute telephone call, discussing trade tensions and potential resolutions. Trump reported a 'very good' conversation, with plans for follow-up talks between economic teams and mutual visits. Xi called for 'win-win results' and urged the US to remove negative measures against China. The call comes after a period of rising tensions and a 90-day trade truce agreed upon last month.
Entities: Donald Trump, Xi Jinping, United States, China, Geneva • Tone: neutral • Sentiment: positive • Intent: inform
05-06-2025
US President Donald Trump and Chinese President Xi Jinping held a phone call, discussing Taiwan and trade ties, and extended invitations to visit each other's capitals. The call came after weeks of tit-for-tat accusations between Washington and Beijing over breaching a deal reached in Geneva.
Entities: Donald Trump, Xi Jinping, China, US, Taiwan • Tone: neutral • Sentiment: neutral • Intent: inform
05-06-2025
US President Donald Trump has accepted an invitation to meet Chinese President Xi Jinping in China after a 'very good' 90-minute phone call focused on trade. The conversation led to a positive conclusion, with both sides agreeing to meet soon to discuss trade differences, particularly regarding Rare Earth products. The call was initiated by Trump, and the meeting is expected to take place at a location to be determined.
Entities: Donald Trump, Xi Jinping, China, US, Truth Social • Tone: neutral • Sentiment: positive • Intent: inform
