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Asian markets rally ahead of latest China-US trade talks
Asian markets rally ahead of latest China-US trade talks
by  AFP

Stocks rallied Monday on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered by forecast-topping US jobs data. The talks come days after Trump and Chinese counterpart Xi Jinping held their first publicly announced telephone talks since the US president returned to the White House.

US, China seek to extend trade truce with London talks
US, China seek to extend trade truce with London talks
by  AFP

After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions. His press secretary, Karoline Leavitt, told Fox News on Sunday: "We want China and the United States to continue moving forward with the agreement that was struck in Geneva."

Microsoft unveils ROG Xbox Ally handheld video game devices
Microsoft unveils ROG Xbox Ally handheld video game devices
by  AFP

Microsoft on Sunday unveiled its first Xbox-branded handheld gaming devices, touting them as a way to play its vast library of titles anywhere. "On this Xbox, you can play games across your entire library, including all the Windows PC game stores from Xbox and Battle.net to Steam, GOG (Good Old Games platform) and Ubisoft Connect."

Apple under pressure to shine after AI stumble
Apple under pressure to shine after AI stumble
by  AFP

Pressure is on Apple to show it hasn't lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology. "The bottom line is Apple seemed to underestimate the AI shift, then over-promised features, and is now racing to catch up," Gene Munster and Brian Baker of Deepwater Asset Management wrote in a WWDC preview note.

US aerospace industry anxious as tariffs loom
US aerospace industry anxious as tariffs loom
by  AFP

US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus the sector has enjoyed for more than 70 years. The US industry those tariffs were crafted to protect swiftly let the administration know it was not interested.

Trump-Musk showdown threatens US space plans
Trump-Musk showdown threatens US space plans
by  AFP

SpaceX's rockets ferry US astronauts to the International Space Station. The next, with partner Axiom Space, will carry astronauts from India, Poland, and Hungary, funded by their respective governments.

Trump says fresh US-China trade talks in London next week
Trump says fresh US-China trade talks in London next week
by  AFP

US President Donald Trump announced Friday a new round of trade talks with China in London next week, a day after calling Chinese counterpart Xi Jinping in a bid to end a bitter battle over tariffs. While Trump's long-awaited phone call with Xi this week likely paved the way for further high-level trade talks, a swift resolution to the tariffs impasse remains uncertain. dk-bys/acb