Trump leads delegation of 17 executives to Beijing for trade talks

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Aishwarya Rai Bachchan is among Indian celebrities whose cases are shaping laws to curb AI-fuelled fake online content

The post US President Donald Trump hopes US-China relationship ‘will be better than ever before’ appeared on BitcoinEthereumNews.com. US President Donald Trump said that he hoped the relationship between the US and China would be “stronger and better than ever before” ahead of a second day of talks with Chinese President Xi Jinping in Beijing, the Wall Street Journal reported on Thursday. “They look forward to trade and doing business. It’s going to be totally reciprocal on our behalf,” said Trump in opening remarks during his meeting with Chinese leader. Trump added in his Truth Social post that Xi had congratulated him on “so many tremendous successes,” including the US’ relationship with Venezuela, its job market as well as its military.  On Iran, Trump said that Xi offered help to resolve the conflict and pledged not to provide military equipment to Iran. Xi also wants to see the critical Strait of Hormuz reopened.  Market reaction As of writing, the AUD/USD pair is up 0.01% on the

The post India’s IT shares hit three-year low as OpenAI move revives AI fears appeared on BitcoinEthereumNews.com. India’s biggest technology stocks just had their worst stretch in years, and the catalyst was not an earnings miss or a regulatory crackdown. It was OpenAI announcing a new enterprise AI venture backed by more than $4 billion. The Nifty IT index dropped 3.7% on May 12, marking its third consecutive session of losses and dragging the benchmark to levels not seen since May 2023. Service-oriented heavyweights like TCS, Infosys, and Wipro bore the brunt of the sell-off, as investors rushed to reprice what AI-native competitors could mean for the traditional outsourcing model that has powered India’s tech economy for decades. What happened and why it matters The new venture, armed with billions in capital, is aimed squarely at enterprise customers. The same enterprise customers that currently pay Indian IT firms to build, maintain, and manage their technology stacks. The sell-o

The post Gold inches higher above $4,650 amid Trump–Xi summit hopes appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) recovers some lost ground around $4,660 during the early Asian session on Friday. However, the potential upside for the precious metal might be limited as the prospects of US rate cuts have largely faded. Traders will closely monitor US President Donald Trump’s meeting with Chinese President Xi Jinping in Beijing. Trump and Xi called for a better US-China relationship on Thursday as they began a two-day summit likely to cover issues ranging from tariffs to artificial intelligence. Xi reportedly told the US business leaders their companies could be “deeply involved in China’s reform and opening up” and that “China’s door will only open wider.”  Trump said after Thursday’s meetings that Xi offered help to resolve the conflict and pledged not to provide military equipment to Iran.  Xi also wants to see the critical Strait of Hormuz reopened.  “The market is trying

The post Trump Signals Stronger U.S.-China Ties During Beijing State Visit appeared on BitcoinEthereumNews.com. Trump Signals Stronger U.S.-China Ties During Beijing State Visit Skip to content Home Crypto News Trump Signals Stronger U.S.-China Ties During Beijing State Visit Source: https://bitcoinworld.co.in/trump-signals-stronger-us-china-ties-beijing-visit/

The post Bitcoin Sees Unexpected Growth Amid High-Level US-China Talks appeared on BitcoinEthereumNews.com. The recent summit between US President Donald Trump and Chinese President Xi Jinping, held in Beijing on May 14–15, was a critical event as both nations attempted to navigate through mounting economic frictions. A side effect of the diplomatic discussions was an unexpected rise in Bitcoin‘s value, which increased by 2.3 percent, reaching $96,800. Continue Reading:Bitcoin Sees Unexpected Growth Amid High-Level US-China Talks Source: https://en.bitcoinhaber.net/bitcoin-sees-unexpected-growth-amid-high-level-us-china-talks

Officials have announced “first of its kind” AI intended to boost operations, including real-time security cameras and city-run 5G broadband. The software will also let residents see financial documents.