ReportWire

Tag: Emerging Market Countries

  • Saudi Crown Prince Plans First White House Visit Since 2018

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    Saudi Arabia’s de facto leader will visit Washington next month and meet President Trump in the Oval Office, people familiar with the matter said, capping a multiyear effort to restore his international standing with a trip that could lay the groundwork for an eventual deal to establish ties with Israel.

    The trip by Crown Prince Mohammed bin Salman, who last visited the U.S. in early 2018, is scheduled for Nov. 18 and 19, one of the people said. It would come a month after Trump negotiated a cease-fire to end Israel’s two-year war with Hamas in Gaza.

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    Stephen Kalin

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  • Apple, Trade Thaw Lift Stocks Toward New Highs

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    Easing trade tensions and a big gain in Apple shares helped drive stocks back toward records on Monday, the start of a heavy week of corporate earnings.

    Indexes opened with gains, with some investors saying sentiment was buoyed by President Trump saying he will soon meet with China’s leader, Xi Jinping, and Treasury Secretary Scott Bessent’s Friday comments that he will meet with his Chinese counterpart in person this week. 

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  • Vestas Shelves Plan for Polish Wind Turbine Factory on Low European Demand

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    Vestas Wind Systems VWS -3.14%decrease; red down pointing triangle said lower demand in Europe has pushed it to pause the planned construction of a new factory in Poland.

    The Danish wind turbine maker last year unveiled plans to build a new blade factory in Szczecin, near the Baltic Sea coast, to support Europe’s build-out of offshore wind parks.

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    Dominic Chopping

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  • China’s Economy Expands at Slowest Pace in a Year

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    SINGAPORE—China said economic momentum decelerated to its slowest pace in a year, putting Beijing on alert in the midst of hardball trade negotiations with the U.S.

    China said its gross domestic product expanded 4.8% in the third quarter of 2025 compared with a year earlier, down from 5.2% growth in the second quarter. Over the first nine months of the year, China’s economy expanded 5.2% from the year-earlier period, according to the National Bureau of Statistics. That means that Beijing is largely on track to hit its official target of around 5.0% growth for 2025.

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    [ad_2] Hannah Miao
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  • Trump Turns Up Heat on Latin America

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    President Trump’s vow to intervene against drug smugglers in Colombia widened a U.S. counternarcotics campaign in Latin America that began with military strikes on oceangoing boats but is increasingly focused on threatening governments in the region.

    His broadside against Colombia came in a social-media post Sunday morning that branded its president, Gustavo Petro, an “illegal drug leader,” vowing to halt U.S. aid to Bogotá, and to take unilateral action unless Petro closed “these killing fields immediately.”

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    [ad_2] Vera Bergengruen
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  • Trump Says U.S. Is Cutting Aid to Colombia Over Drugs

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    President Trump said the U.S. would stop aid payments to Colombia, for decades a close U.S. ally, because of the country’s drug production.

    Trump, in a social-media post Sunday, escalated tensions with Colombian President Gustavo Petro, calling him “an illegal drug leader.” He said Petro was encouraging drug production and the U.S. wouldn’t give any more payments or subsidies to the country, long the U.S.’s closest ally in the war on drugs.

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    Alyssa Lukpat

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  • A New Challenge for China’s Economy: ‘Involution’

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    Beijing is fighting to limit the damage from a pattern of price wars and excess capacity across multiple industries.

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    Hannah Miao

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  • U.S. to Repatriate Survivors of Strike on Suspected Drug Vessel

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    The U.S. is transferring two alleged drug traffickers to Colombia and Ecuador for detention and prosecution after they were briefly held on a U.S. Navy warship in the Caribbean, President Trump announced on Saturday.

    The two people survived an attack on a submersible Thursday and were rescued by the U.S. military. They were taken to the USS Iwo Jima, which has been operating in the region and has a full medical staff, according to defense officials.

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    Shelby Holliday

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  • Trump Bets Personal Diplomacy Will Break Ukraine War Logjam

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    WASHINGTON—President Trump is betting that one more round of personal diplomacy will deliver a breakthrough in the more than three-year-long war in Ukraine after months of failed peace negotiations.

    Behind the scenes, Trump’s team is working to back up the president’s leader-to-leader negotiations with more diplomatic leverage than he exerted in his August summit with Russian President Vladimir Putin. Those efforts will be put to the test when Trump meets with Putin in Budapest in the coming weeks.

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    Vera Bergengruen

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  • The Man Threatening Viktor Orbán’s 15-Year Grip on Hungary

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    OROSZLÁNY, Hungary—Jabbing his finger at a life-size cardboard cutout of Hungarian Prime Minister Viktor Orbán, Péter Magyar wooed the voters of this coal-mining town with a feisty speech about corruption and economic decline.

    Magyar, Orbán’s main rival in next year’s pivotal election, mocked him as a mafia boss, a Turkish sultan and Ali Baba with 40 thieves. He concluded with the Russian phrase “Tovarishchi, konetz”—or comrades, it’s over—the motto of the 1990 democratic election that ousted Hungary’s Soviet-installed regime.

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    Yaroslav Trofimov

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  • Trump Organization Expands in India, Where Many of Its Partners Face Accusations

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    GURUGRAM, India—When the Trump Organization in April announced another luxury real-estate project in India, Eric Trump gave a shout out to his local partners for helping accelerate the brand’s expansion.

    “We’re incredibly excited to launch our second project in Gurgaon,” Eric Trump, who runs day-to-day operations, using the former name for the city near New Delhi. “And even prouder to be doing it once again with our amazing partners.”

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    Rory Jones

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  • Opinion | Allies United Against China on Rare Earths

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    Treasury Secretary Scott Bessent said Wednesday he plans to coordinate with allies to counter China’s weaponization of rare-earth minerals. It’s the right move, though he might find it easier to rally the world if President Trump weren’t also hitting our allies with unprovoked unilateral tariffs.

    Mr. Bessent earlier in the week accused Beijing of pointing “a bazooka at the supply chains and the industrial base of the entire free world,” by threatening global export controls on products that contain even minuscule amounts of Chinese rare earths. He’s right. China has a stranglehold on these minerals, and it’s a serious problem.

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    The Editorial Board

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  • Trump Says He Will Meet With Putin in Budapest to Discuss End to Ukraine War

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    WASHINGTON—President Trump said Thursday he plans to meet with Russian President Vladimir Putin in Budapest for talks on ending the war in Ukraine, reviving a diplomatic effort after threatening to send new weapons to Kyiv.

    The agreement to hold the meeting in Budapest, at a date yet to be announced, came during a phone call between the two leaders a day before Trump is set to meet at the White House with Ukrainian President Volodymyr Zelensky.

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    Lara Seligman

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  • American Bankers Are Making a Mint Helping China Inc. Go Global

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    HONG KONG—Chinese companies are pushing across the globe to conquer new markets, and American financiers are making a mint by helping them. 

    The unlikely U.S.-China collaboration during heightened trade and military tensions between the two superpowers is raising concerns on Capitol Hill about national-security risks. But it is producing frothy markets in Hong Kong, the place where Wall Street and China Inc. meet for mutual profit.

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    Rory Jones

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  • ‘I’ll Have Eric Call’: Trump Sets Up Son’s Meeting With Indonesian President

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    By

    Rory Jones

    in Singapore and Ramadani Saputra in Jakarta, Indonesia

    President Trump’s company has said he won’t be involved in day-to-day management. But the president’s personal business and his government role intersected this week when he was heard on a hot mic arranging a meeting between his son Eric, who runs the family company, and Indonesia’s leader.

    In the exchange, captured on audio at a Middle East summit, Indonesian President Prabowo Subianto referred to an issue about a region that was “not safe, securitywise” before asking Trump: “Can I meet Eric?”

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    Rory Jones

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  • China’s Deflationary Pressures Ease Slightly

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    China’s downward price pressures eased slightly in September, but not quite as much as expected, as Beijing ramps up efforts to curb excess capacity and bolster domestic demand.

    Data showing continued deflationary pressure in China comes as Premier Li Qiang renewed calls to double down on efforts to boost consumption, and crack down on pricing competition among businesses.

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  • China, Betting It Can Win a Trade War, Is Playing Hardball With Trump

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    In its trade standoff with Washington, Beijing thinks it has found America’s Achilles’ heel: President Trump’s fixation on the stock market.

    China’s leader, Xi Jinping, is betting that the U.S. economy can’t absorb a prolonged trade conflict with the world’s second-largest economy, according to people close to Beijing’s decision-making. China is holding a firm line because of its conviction, the people said, that an escalating trade war will tank markets, as it did in April after Trump announced his so-called Liberation Day tariffs, prompting Beijing to hit back.

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    Lingling Wei

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  • China Adds Hanwha Ocean’s Units to Sanctions List

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    Hanwha Ocean’s 042660 -5.76%decrease; red down pointing triangle shares slid Tuesday after Beijing added five of the South Korean shipbuilder’s subsidiaries to a sanctions list over their alleged role in a U.S. probe into the Chinese shipping industry.

    The stock plunged as much as 9% before paring losses. It closed 5.8% lower at 103,100 won, equivalent to $72.28, compared with the benchmark Kospi’s 0.6% fall.

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    Kwanwoo Jun

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  • How China and the U.S. Are Racing to De-Escalate the Trade War

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    President Trump is trying to publicly de-escalate tensions with China to soothe markets while privately keeping up pressure on Beijing—a difficult balancing act that is being closely watched by Wall Street.

    After threatening additional 100% tariffs on Chinese imports starting Nov. 1, Trump in recent days spoke with senior officials, including Treasury Secretary Scott Bessent, about sending a message to the world that the U.S. wants to de-escalate trade tensions with China, according to people familiar with the matter.

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    Brian Schwartz

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  • Dutch Government Takes Control of Chip Maker From Chinese Parent

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    The Dutch government wrested control of a Netherlands-based semiconductor company from its Chinese owner, a new flare-up in tensions between China and the West over key technologies and materials.

    Officials at the Dutch Economic Affairs Ministry said Sunday that they had assumed the power to block or reverse decisions at Nexperia 600745 -10.00%decrease; red down pointing triangle, which is owned by China’s Wingtech Technology, to keep Europe from losing “technological knowledge and capabilities” necessary for its economic security.

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    Sam Schechner

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