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Market Economy
Markets
S&P 500 and Nasdaq close at new record highs led by chip stocks
2026-05-13 20:39PM UTC
The S&P 500 and Nasdaq Composite posted gains on Wednesday, supported by a rally in AI-related technology shares, helping markets look past stronger-than-expected inflation data and rising expectations that the Federal Reserve will maintain tight monetary policy for a longer ...
Forex
What to expect from the Trump-Xi summit in Beijing?
2026-05-13 18:02PM UTC
US President Donald Trump and Chinese President Xi Jinping are set to open a closely watched summit in Beijing as Washington and Beijing seek to stabilize a fragile economic truce while maneuvering around issues related to Iran, Taiwan, and control over critical supply chains.
Trump, who ...
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