Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Pentagon Probe Finds Hegseth’s Use of Signal Risked Exposing Sensitive Yemen Strike Details 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
UN General Assembly Demands Russia Return Ukrainian Children Amid Ongoing Conflict 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Delegations from the United States and China resumed negotiations in Madrid on Monday, extending discussions aimed at easing trade tensions and addressing the looming deadline for TikTok’s divestment. The talks, held at Spain’s historic Palacio de Santa Cruz, followed a six-hour session on Sunday with no clear signs of progress.
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng have led four rounds of talks since May across European cities. Their focus has included TikTok, tariffs, and broader economic issues that escalated after President Donald Trump increased tariffs on Chinese imports. China responded with heavy duties on U.S. goods and restrictions on rare earth exports, intensifying the standoff.
In July, meetings in Stockholm produced a temporary 90-day trade truce that reduced tariffs and restored rare-earth exports to the U.S. Analysts believe the most likely outcome in Madrid is another extension of the deadline for TikTok’s Chinese parent company, ByteDance, to sell its U.S. operations by September 17 or face a nationwide ban.
Experts remain cautious about a breakthrough. William Reinsch of the Center for Strategic and International Studies noted that progress depends on a potential meeting between Trump and Chinese President Xi Jinping. However, Beijing is unlikely to agree until Washington softens restrictions on semiconductor and technology exports. For now, the talks provide an opportunity for both sides to gauge each other’s red lines.
China’s embassy in Madrid signaled a possible press conference Monday afternoon, suggesting a swift conclusion. Meanwhile, Bessent is scheduled to meet British Finance Minister Rachel Reeves in London on Tuesday, ahead of Trump’s state visit with King Charles later in the week.
The outcome of these discussions could shape the trajectory of U.S.-China relations, global trade stability, and the future of TikTok’s U.S. presence.
