"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
U.S. stock index futures turned lower after China said it needed to have further discussions before it would sign off on the so-called phase one trade deal President Trump...US Marketsread more
Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for their work in fighting global poverty, the Royal Swedish Academy of...World Newsread more
Boeing's board removed CEO Dennis Muilenburg as chairman amid the fall out of two 737 Max crashes that killed 346 people.Aerospace & Defenseread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
Singer Ed Sheeran is on track to break the record for highest-grossing concert tour ever, The Wall Street Journal reported Wednesday.
The pop star's current tour, which ends August 26, is expected to surpass U2 for the highest all-time gross after already breaking the band's record for attendance, the Journal reported based on analysis of Pollstar data and estimates from Sheeran's team.
His success is despite the fact that Sheeran charges less for his shows than others in the industry. Tickets for his top-selling tour last year went for an average of $89 while Taylor Swift and Jay-Z and Beyonce's tour went for more than $116 for their most profitable tours, the newspaper wrote.
While he charges less, Sheeran beats the others in the number of shows he performs. The singer performed 94 shows last year compared to the about 50 shows each for Taylor Swift and Jay-Z and Beyonce, according to the Journal and Pollstar.