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Xi refutes Trump's claim that China had no role in Thai-Cambodia peace deal

Chinese President Xi Jinping on Thursday refuted his US counterpart Donald Trump's claims at their summit meeting in Busan that China was not involved in establishing peace between Cambodia and Thailand. At the much-publicised summit, Xi said that he appreciated Trump's "great contribution to the recent conclusion of the Gaza ceasefire agreement". However, Xi rebutted Trump's assertion that China was not involved in establishing peace between Cambodia and Thailand. Xi told Trump that Beijing had been helping the two Southeast Asian neighbours to settle their border dispute in our own way, the Hong Kong-based South China Morning Post reported. Xi's assertion outlines Beijing's redlines as China too seeks to play a dominant role in Southeast Asia, where it has established strong security and trade links with countries of the region, including Thailand and Cambodia. During the height of the Thailand-Cambodia confrontation, Chinese Foreign Minister Wang Yi held closed consultations to

China to buy 12 million metric tonnes of soybeans this season, says Bessent

Bessent said other countries in Southeast Asia have agreed to buy another 19 million tons of US soybeans, but did not specify a timeframe for those purchases

China says it will work with US to resolve issues related to TikTok

President Donald Trump's meeting on Thursday with China's top leader, Xi Jinping, produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok's ownership. China will work with the US to properly resolve issues related to TikTok, China's Commerce Ministry said after the meeting. It gave no details on any progress toward ending uncertainty about the fate of the popular video-sharing platform in the US. The Trump administration had been signalling that it may have finally reached a deal with Beijing to keep TikTok running in the US. Treasury Secretary Scott Bessent had said on CBS's Face the Nation on Sunday that the two leaders will consummate that transaction on Thursday in Korea. Wide bipartisan majorities in Congress passed and President Joe Biden signed a law that would ban TikTok in the US if it did not find a new owner to replace China's ByteDance. The platform went dark briefly on a January deadline, but on his first day in office, Trump signed

South Korea's Lee urges trump to revise nuclear pact for submarine fuel

The pact was last updated in 2015 and is effective until 2035. South Korea's neighbor, Japan, already has the right to reprocess spent fuel

US to scale back troop presence on NATO's eastern flank, says Romania

The US military said the decision not to replace departing American troops in Romania was not 'an American withdrawal from Europe or a signal of lessened commitment to NATO'

Trump announces trade breakthrough with South Korea on Asia trip

Trump and Lee agreed that Seoul can split its promised $350 billion investment fund into $200 billion in cash to be paid in instalments and capped at $20 billion per year, Lee's aides said

Boeing delays 777x jet to 2027, takes $5 billion charge amid setbacks

Last month, CEO Kelly Ortberg said the company was behind schedule in certifying the jet, saying a 'mountain of work' needed to be done

TikTok US ownership deal may be sealed in South Korea, says White House

The Trump administration has been signalling that it may have finally reached a deal with China to keep TikTok running in the US, with the two countries finalising it as soon as Thursday. President Donald Trump is visiting South Korea, where he will meet with Chinese President Xi Jinping to try to de-escalate a trade war. Treasury Secretary Scott Bessent told CBS's Face the Nation Sunday that the two leaders will consummate that transaction on Thursday in Korea. If it happens, the deal would mark the end of months of uncertainty about the fate of the popular video-sharing platform in the United States. After wide bipartisan majorities in Congress passed and President Joe Biden signed a law that would ban TikTok in the US if it did not find a new owner in the place of China's ByteDance, the platform was set to go dark on the law's January deadline. For a several hours, it did. But on his first day in office, Trump signed an executive order to keep it running while his administrat

Javier Milei's libertarian party wins Argentina's midterm elections

Javier Milei's party has now secured the one-third of seats in the Chamber of Deputies required to block any future attempts to overturn presidential vetoes

US unveils trade framework with Vietnam following 20% tariff agreement

Crucial specifics are still undetermined, but it's the first outline released by the Trump administration since a 20% headline tariff was announced in July

Brazil, US to begin immediate talks to resolve tariff and trade issues

Ahead of the meeting on Sunday though, Trump said he could reach some agreements with Lula

US deploys aircraft carrier to Latin America, escalating military tensions

Defence Secretary Pete Hegseth announced Friday that the US military is deploying an aircraft carrier to the waters off South America, in the latest escalation and buildup of military forces in the region. The US military has conducted its 10th strike on a suspected drug-running boat, Hegseth said earlier Friday, blaming the Tren de Aragua gang for operating the vessel and leaving six people dead in the Caribbean Sea. In a social media post, Hegseth said the strike occurred overnight, and it marks the second time the Trump administration has tied one of its operations to the gang that originated in a Venezuelan prison. The pace of the strikes has quickened in recent days from one every few weeks when they first began to three this week, killing a total of at least 43 people since September. Two of the most recent strikes were carried out in the eastern Pacific Ocean, expanding the area where the military has launched attacks and shifting to where much of the cocaine from the world'

Trump plan seeks to open nearly all US coasts to offshore drilling

Environmentalists blasted the reported plan, saying it would put too many coastal communities and marine habitats at risk

US inflation stays elevated but prices rose less than feared last month

US inflation remained elevated last month as the costs of some imported goods rose while rental prices cooled. Consumer prices increased 3 per cent in September from a year earlier, the Labour Department said Friday, up from 2.9 per cent in August. Excluding the volatile food and energy categories, core prices also rose 3 per cent, a decline from 3.1 per cent in the previous month. Both figures are above the Federal Reserve's 2 per cent target. The report on the consumer price index is being issued more than a week late because of the government shutdown, now in its fourth week. The Trump administration recalled some Labour Department employees to produce the figures because they are used to set the annual cost-of-living adjustment for roughly 70 million Social Security recipients. The figures reflect a smaller increase than many economists had forecast, and will likely encourage the Federal Reserve to cut its key interest rate when it meets next week for the second time this ...

Marco Rubio visits US-led coordination centre in Israel amid Gaza ceasefire

US Secretary of State Marco Rubio toured a US-led coordination centre in southern Israel Friday, as the Trump administration pushed forward with plans to set up an international security force in Gaza and shore up a tenuous ceasefire between Israel and Hamas. Rubio was the latest in a series of high-level US officials to visit the civilian military coordination centre and the country. US Vice President JD Vance was there earlier this week, where he announced its opening, and US envoys Steve Witkoff and Jared Kushner, the president's son-in-law, were also in Israel. Around 200 US troops are working alongside the Israeli military and delegations from other countries at the centre, planning the stabilisation and reconstruction of Gaza. On Friday, an AP reporter saw international personnel there with flags from Cyprus, Greece, France, Germany, Australia and Canada. Rubio had been expected to name a civilian coordinator who would work alongside a commander from the US Central Command, bu

Binance co-founder Changpeng Zhao granted pardon by Trump administration

The move marks the latest act of clemency the White House has granted to a crypto entrepreneur, underscoring how the Trump administration has positioned itself as a friend of the industry

US warns flight delays may worsen as government shutdown enters 23rd day

Air traffic control has become a flashpoint in the debate over the shutdown with both parties blaming the other. Unions and airlines have urged a quick end to the standoff

Israel is not a US protectorate, Netanyahu says ahead of meeting with Vance

Israel's prime minister toughened his stance Wednesday by declaring that his country is in charge of its own security and isn't an American protectorate as he prepared to discuss progress on Gaza's fragile ceasefire agreement with US Vice President JD Vance. Prime Minister Benjamin Netanyahu's remarks ahead of his meeting with Vance appeared aimed easing public concerns that the presence of an envisioned international security force in Gaza could limit Israel's ability to strike in the devastated territory to thwart future threats. We are not a protectorate of the United States. Israel is the one that will decide on its security, Netanyahu said in a statement issued by his office as he headed into the meeting. Speaking to reporters before the meeting's start, Vance acknowledged that the road to peace is strewn with huge hurdles but at the same time tried to maintain the buoyant tone he sounded Tuesday on his arrival to Israel. "We have a very, very tough task ahead of us, which is

Vance on Israel visit, says Gaza ceasefire holding better than expected

US Vice President JD Vance on Tuesday visited a newly opened centre in Israel for civilian and military cooperation that he called central to keeping the US-backed ceasefire plan for Gaza on track. Vance, who visited with top US envoys, said the fragile ceasefire is going better than I expected. Envoy Steve Witkoff added that we are exceeding where we thought we would be at this time. Vance, Witkoff and others are in Israel to shore up the ceasefire following a burst of deadly violence and questions over the plan for long-term peace. Vance was meeting with Israeli Prime Minister Benjamin Netanyahu and other officials and is expected to stay in the region until Thursday. Jared Kushner, President Donald Trump's son-in-law and one of the architects of the ceasefire agreement, is also in Israel. Also on Tuesday, Hamas said it has recovered the remains of two more hostages and planned to hand them over Tuesday evening. Vance urged a little bit of patience' amid growing Israeli frustrat

Stocks rise, gold slips as easing trade tensions boost investor confidence

In Asia, the near-certainty of Sanae Takaichi becoming Japan's next prime minister briefly sent Tokyo's Nikkei to a record high and dented the yen