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Canada PM says Xi talks 'turning point', apologises to Trump
Canadian premier Mark Carney on Saturday called his talks with China's leader Xi Jinping a "turning point" in restoring their battered ties, adding he raised tricky topics with Beijing like foreign interference. "This meeting marked a turning point in our bilateral relationship.
Latin America weathered Trump tariffs better than feared: regional bank chief
The impact of tariffs imposed by US President Donald Trump "has been less than expected" in Latin America, the head of the region's development bank told AFP in an interview. But "when you look at the year from January to date, the impact has been less than expected," said Sergio Diaz-Granados, president of the Development Bank of Latin America and the Caribbean (CAF), in an interview on Friday.
Bangladesh dockers strike over foreign takeover of key port
Bangladesh's dock workers escalated a strike on Saturday at the country's biggest port, Chattogram, protesting plans by the interim government to lease operating licences to a foreign company.
China's Xi to meet South Korean leader, capping APEC summit
Xi Jinping will sit down with South Korean counterpart Lee Jae Myung on Saturday, after taking centre stage at an Asian summit in the wake of a US leader Donald Trump's departure. Trump chose to return to the United States following those talks, leaving the Chinese leader to take centre stage at a summit in which he has framed Beijing as a counterweight to an American-led international order.
Panama wins canal expansion arbitration against Spanish company
Panama's government won a lawsuit against Spanish company Sacyr, officials said Friday, after the firm claimed it was owed around $2.3 billion for its work expanding the Panama Canal.
China to exempt some Nexperia orders from export ban
China said Saturday it will exempt some Nexperia chips from an export ban that has alarmed European businesses, days after trade talks between the leaders of the world's two largest economies.
Food stamps, the bulwark against hunger for over 40 mn Americans
The ongoing budget deadlock in the United States is threatening food security of around 42 million Americans who receive food stamps at the start of each month to help get by. Today, around one-in-eight Americans receive SNAP benefits each month based on income, according to the Department of Agriculture.
US Fed official backed rate pause because inflation 'too high'
A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was "too high" for comfort. Among the 10-2 majority voting for a quarter-point cut this week was Fed governor Christopher Waller, a Trump nominee who is on the five-person shortlist to take over from Powell when he steps down as Fed chair next May.
Swiss central bank profits boosted by gold price surge
Switzerland's central bank on Friday reported a profit of 12.6 billion Swiss francs ($15.7 billion) for the first nine months of 2025, boosted by soaring gold prices and rising stock markets. To diversify its reserves, the Swiss central bank's equity portfolio uses a passive strategy that reflects stock market indices rather than picking stocks out to generate profits.
AFP
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