Asia Markets Downbeat as Trump-Xi Summit Heads Into Final Day
Asian stocks started the day broadly lower, despite a positive lead from Wall Street overnight.
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Frenzied IPO Highlights Wall Street's AI Fervor
Artificial-intelligence chip maker Cerebras soars 68% on first day of trading.
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Beijing's 'Industrial Policy of Everything' Leaves Rest of the World in the Dust
Government support encompasses the old, the new, goods and services, micro and macro. Nothing Trump elicits in China will alter this.
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The World Is Burning Through Its Oil Safety Net
Global oil inventories have fallen at a record pace during the Iran war, and oil executives and analysts predict a reckoning within weeks if the Strait of Hormuz remains shut.
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Fed's Barr: Shrinking The Balance Sheet Is The Wrong Objective
Federal Reserve Gov. Michael Barr said shrinking the balance sheet is the wrong objective for the central bank, and many of the proposals to meet that objective would threaten financial stability.
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Tightly Choreographed Visit Masks Big Differences Between U.S. and China
The summit's second and final day will test whether talks between President Trump and Chinese leader Xi Jinping can yield a concrete deal.
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Canada Aims to Double Power-Grid Capacity By 2050
Canadian Prime Minister Mark Carney said the country needs to double the capacity of its electricity grid by 2050, a project with a trillion-dollar price tag but necessary to ensure the country's sovereignty and prosperity.
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Canada, Alberta to Unveil Pipeline Pact Friday
Prime Minister Mark Carney said he will unveil an agreement with the oil-rich province of Alberta that sets the stage for federal support for a new crude-carrying pipeline.
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U.K. Economy Accelerates to Outpace U.S. as War Headwinds Loom
The British economy grew faster than the U.S. and most European peers in the first quarter, but the Middle East conflict is set to test its resilience.
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Retailers' Sales Growth Cooled Last Month
Sales growth slowed for U.S. retailers in April, damped by a cooler increase in gasoline prices as the Iran conflict continued.
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Ireland's Foreign Investment Chief Sees Inflows Holding Up Despite Headwinds
As one of the main beneficiaries of globalization, Ireland continues to pin its hopes on attracting foreign businesses.
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Uganda's Central Bank Holds Key Lending Rate at 9.75%
The central bank maintained its key lending rate, citing subdued inflation, as it continues to monitor the likely economic impact of the Iran war.
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U.S Jobless Claims Rose Last Week
U.S. jobless claims rose last week but were still relatively low, signaling employers held back from widespread layoffs.
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Xi's Taiwan Warning to Trump Highlights Tensions Behind Beijing Summit
The Chinese leader's comment that any mishandling of Taiwan could lead to "an extremely dangerous situation" raised an issue that has loomed over President Trump's trip.
(END) Dow Jones Newswires
May 15, 2026 01:00 ET (05:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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