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US-China Talks Begin Ahead of Summit, Japan's Takaichi Set to Visit United Nations
Description
Business and finance news from the Asia-Pacific.
Asian equities and Wall Street stock-index futures advanced after the US described talks with China as “very successful” ahead of a summit between Presidents Donald Trump and Xi Jinping this week. Oil fell for a fourth day. In the discussions the two sides agreed to set up a dialogue on AI aimed at reaching a common understanding on goals and threats, Bessent said.
Subsequently, Japanese Prime Minister Sanae Takaichi is scheduled to speak before the United Nations Security Council on Tuesday. For a look ahead at Takaichi's visit, we spoke to Bloomberg's Tokyo Bureau Chief Isabel Reynolds.
For an outlook at how market risks will play out across the Asia-Pacific region, Bloomberg TV Hosts Haidi Stroud-Watts and Paul Allen spoke to Louise Loo, Head of Asia Economics at Oxford Economics.
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