Asia-Pacific markets trade higher on Monday following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. A surge on Wall Street Friday due to a jump in tech stocks also boosted sentiment.
Chinese President Xi Jinping will not attend President-elect Donald Trump’s inauguration, but he is sending Vice President Han Zheng as his special representative.
Live updates ahead of Donald Trump’s inauguration. Follow the latest news as the incoming president attends events ahead of tomorrow’s ceremony.
The dollar inched lower against most major currencies as traders trimmed widely-favored bullish positions on the greenback just hours ahead of Donald Trump’s second inauguration as the US President.
Chinese leader Xi Jinping may not have personally accepted US President-elect Donald Trump’s invitation to his inauguration, but Beijing has taken the rare step of dispatching a top official to join the swearing-in ceremony in Washington.
Han Zheng, who serves as an envoy for Chinese President Xi Jinping at the inauguration, “discussed a range of topics including fentanyl, balancing trade and regional stability” with J.D. Vance, according to the Trump transition team.
The call came the same day that the US Supreme Court backed a law banning TikTok unless it’s sold by its China-based parent company.View on euronews
In Australia, the S&P/ASX 200 Index is up 0.18% at 8,325.50, recovering from losses in the previous session. Gains are led by iron ore miners and technology stocks, while gold miners weigh on the index.
Supporters have high hopes for second Trump term. Trump’s supporters traveled from across the country to celebrate his victory Sunday, waiting for hours in the r
For the first time in U.S. history, a president-elect is welcoming foreign leaders for one of the most American political traditions — the peaceful transfer of power
President-elect Donald Trump will hold a rally in Washington on Sunday, one day before his inauguration inside the Capitol rotunda. Follow for live updates on the final day of the presidential transition.