Wall Street's "Secret Weapon"?

Wall Street insiders are eyeing a newly listed NYSE-A IPO that is taking on a $63B opportunity. Primed to reduce Brazil's dependence on foreign potash, this stock is poised for gains.

Britain’s Treasury chief kicks off China visit

ZEKE MILLER and COLLEEN LONG
January 10, 2025

BEIJING (AP) -- Britain's Treasury chief kicked off a visit to China on Saturday aimed at boosting economic and financial cooperation between the countries, as the U.K.'s Labour government seeks to reset strained ties with Beijing.

Rachel Reeves, who is traveling with a delegation of British business leaders, will meet top Chinese finance and economic officials including Vice Premier He Lifeng.

"Growth is the number one mission of this Labour government. And to grow the economy, we need to help great British businesses export around the world," Reeves said on Saturday as she visited a store of the British folding bike maker Brompton in Beijing.

She added the aim of her visit was "to unlock tangible benefits for British businesses exporting and trading around the world, to ensure that we have greater access to the second biggest economy in the world."

A priority for Reeves' trip is reviving the China-U.K. Economic and Financial Dialogue -- annual bilateral talks that have been suspended since 2019 due to the COVID-19 pandemic and deteriorating relations. London hopes renewed dialogues will help bring down barriers that U.K. businesses face when looking to export or expand to China.

The talks were shelved after ties sourced following a series of spying allegations from both sides, China's support for Russia in the Ukraine war and a crackdown on civil liberties in Hong Kong, a former British colony.

British officials said Reeves will also urge Beijing to stop its material and economic support for the Russian war effort in Ukraine and raise the issue of rights and freedoms in Hong Kong.

The delegation includes Bank of England Governor Andrew Bailey and the CEOs of the U.K. Financial Conduct Authority and the London Stock Exchange Group. Senior executives from some of Britain's biggest financial services firms, including the group chairmen of HSBC and Standard Chartered, were also included.

Reeves' visit comes after Foreign Secretary David Lammy travelled to China in October and Prime Minister Keir Starmer met with Chinese President Xi Jinping on the sidelines of the G20 summit in Brazil in November.

It's all part of a bid by Starmer, who was elected as leader in July, to strengthen political and economic ties with China, the U.K.'s fourth-largest single trading partner according to the Treasury.

Officials said Starmer wanted a "pragmatic" approach to working with Beijing on global stability, climate change and the transition to clean energy.

But some in the opposition Conservative Party have criticized his stance and said trade ties should not come at the expense of national security and human rights concerns.

British political leaders and intelligence chiefs have warned repeatedly that China poses security threats. Calls to tackle the challenge grew louder last month when it emerged that an alleged Chinese spy had cultivated close ties with Prince Andrew and carried out "covert and deceptive activity" for China's ruling Communist Party, according to officials.

"National security is the foundation of what any government acting in the national interest will prioritize," Reeves said. "But we need to make sure that we have pragmatic and good relations with countries around the world. That is in our national interest."

Continue Reading...

Popular

Trump-Appointed Federal Judge Greenlights Jan 6. Report: Could Be Made Public As Early As Tuesday

The DOJ's decision to release the Jan. 6 report comes after dropping federal cases against Trump, since he'll be a sitting president.

France's new prime minister faces first big test during period of political instability, budget woes

PARIS (AP) — France’s new prime minister, François Bayrou, is facing his first major test at parliament on Tuesday as his government has no majority amid .

The iGaming Underdog Set to Shine - Ad

This company's premium casino strategy is crushing the competition. Tight share structure, explosive growth, and major market catalysts make this stock a hidden gem in iGaming.

Elon Musk Predicts Major Crisis in Trump's First Year - Ad

"This is shocking to me!" - Donald Trump. see why investors are pouring mountains of cash into certain companies Trump wants to solve the problem.

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

Canadian Official Claps Back At Trump's 51st State Comments, Offers To Buy These Two American States

Canadian officials say their country isn't for sale and suggest Donald Trump should sell them two states instead of trying to make its neighbor a state.

Retirement Planning for 2025 -- Act Now! - Ad

Make sure your retirement strategy is in place before 2025 rolls in. Let Datalign Advisory help you take charge of your financial future and get your ducks in a row before the year's end.

Top 2 Consumer Stocks That May Fall Off A Cliff In January

Two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Higher Social Security payments coming for millions of people from bill that Biden is signing

WASHINGTON (AP) — President on Sunday plans to sign into law a measure that for current and former public employees, affecting who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs.

Porter Stansberry Warns: Nvidia Shares Could Drop By 50% - Ad

It happened in 2000... it happened in 2008... it happened in 2021... and now... the great NVIDIA collapse is coming. In this new exposé, Porter Stansberry reveals why the tech giant is poised to topple...

Next Week: Producer prices, consumer prices, retail sales

A look at some of the key business events and economic indicators upcoming next week.

The No. 1 Stock for Trump's Second Term? - Ad

Legendary investor Louis Navellier's stock rating system gave a buy rating to ALL of the top 30 performing stocks in the S&P 500 index of Trump's first term... ALL of them! His system is now rating these stocks as a "BUY" for Trump's second term.

Trump's Felony Stands As Sentencing Nears: Judge Signals Leniency

New York judge upholds Trump's conviction for orchestrating hush money payments, hinting at leniency in sentencing. His appeal options will remain open.

Japan's Ishiba heads to Malaysia and Indonesia to strengthen defense and economic ties

TOKYO (AP) — Japanese Prime Minister on Thursday began a trip to Malaysia and Indonesia as part of an effort to strengthen defense and economic ties with Southeast Asia as China's threats grow in the region.

Limited Time Offer -- Weiss' Gold Playbook - Ad

Do not miss the details about how to claim your piece of high-grade gold bullion -- minted exclusively for Weiss Members. The fact is that gold prices are now higher than ever before. It's critical you get all the critical facts BEFORE the Gold Bull Market Summit recording goes offline.

New York governor wants to limit hedge funds from buying up homes

ALBANY, N.Y. (AP) — Gov. Kathy Hochul on Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state.

Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Shocker: Trump's 1st Day Could Change Everything - Ad

Legendary investor Louis Navellier, who correctly predicted Trump's win... Believes this "day-one" Trump move is about to create a rare opportunity for everyday Americans like you to turn a small stake into real wealth in the stock market. But hurry...

Wall Street's Secret AI Innovator - Ad

Wall Street is taking note of a Nasdaq-listed company transforming the $124 billion smart glass industry. With top customers like Boeing and Ferrari, a 59% revenue surge in 2023, and safety-enhancing products, this company could be the next big thing.

The ‘Worst in Show’ CES products put your data at risk and cause waste, privacy advocates say

LAS VEGAS (AP) — So much of the technology showcased at CES includes gadgets made to improve consumers' lives — whether by leveraging AI to make devices that help people become more efficient, by creating companions to cure loneliness or by providing tools that help people with mental and physical health.

Boeing still needs a culture change to put safety above profits, according to the head of the FAA

A year after a panel blew out of a Boeing 737 Max during flight, the nation’s top aviation regulator says the company needs "a fundamental cultural shift” to put safety and quality above profits.

Man Who Predicted Trump's Win: "Do This Before January 20th" - Ad

According to legendary investor Louis Navellier, who correctly predicted Trump's win... This Trump inauguration move could be the difference between accelerating your retirement in the first 100 days of his administration...OR losing a big chunk of your retirement.

Top Fed official backs new rate cuts even if Trump tariffs materialize

WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite and the prospect of under the incoming Trump administration.

Stock market today: Asian shares are mostly lower after Wall St holds firm

BANGKOK (AP) — Asian stocks were mostly lower on Thursday after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.

Get Your Retirement Plan in Shape in 2025 - Ad

The clock is ticking -- make the most of Q1 to set up a retirement plan that works for you. Datalign Advisory can help you get everything in order before tax time.

Puerto Rico natural resources chief shelves investigation targeting governor's in-laws

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s new natural resources secretary has shelved an investigation into allegations of illegal construction in a protected area on the island’s southwest coast, sparking an outcry.

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

Hillary Clinton, George Soros and Denzel Washington will receive the highest US civilian honor

WASHINGTON (AP) — Former Secretary of State , Democratic philanthropist and actor-director will be awarded the nation's highest civilian honor on Saturday in a White House ceremony.

Largest health care strike in Oregon history begins as thousands picket Providence hospitals

PORTLAND, Ore. (AP) — Some 5,000 hospital health care workers walked off the job Friday as they picketed all eight Providence hospitals in Oregon, in what the state health workers union described as the largest health care strike in Oregon history — and the first to involve doctors.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

The Trump company is not banning private foreign deals, a break with its first term policy

NEW YORK (AP) — The Trump family business released a voluntary ethics agreement Friday that marks a significant departure from Donald Trump's first term by allowing it to strike deals with private foreign companies.

Caught On Camera (Shocking New AI Tech) - Ad

AI has already made 500,000 new millionaires over the past two years... The new AI tech you'll see in this video footage will change your life for the better, sooner than you might expect. It will have a bigger impact than the invention of the automobile, personal computer and iPhone, combined...

Capri's Stock Rises As Prada Considers Potential Acquisition Of Versace

Prada is reportedly assessing a bid for Versace, owned by Capri Holdings Ltd (NYSE: CPRI) after Tapestry Inc. (NYSE: TPR) backed out of its $8.5 billion acquisition.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service