
US and Chinese officials to meet in New York ahead of Summit
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will hold trade talks in New York on Sunday.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will hold trade talks in New York on Sunday.

U.S. President Donald Trump announced plans on Saturday to establish a federal "AI Force" and appoint a special "AI czar" to oversee the rapidly evolving technology sector.

According to Standard Chartered analysts, the US dollar could face a period of sustained appreciation in the medium to long term.

Bitcoin climbed above $81,000 on Saturday, driven by a wave of short-position liquidations and renewed spot demand; this helped the cryptocurrency recover losses caused by interest rate hikes.

Elon Musk is betting that artificial intelligence will sharply accelerate the US economy.

Bitcoin rose 1.7% to trade at $77,960 today,

Bitcoin rose on Friday, recovering most of its weekly losses; positive regulatory moves by the SEC helped markets offset the negative impact of the Clarity Act's failure in Congress.

The US will delay the announcement of new tariffs—linked to allegations of excess production capacity—until the summit between Presidents Xi Jinping and Donald Trump scheduled for next week.

The broader cryptocurrency market also traded within a neutral-to-slightly-positive range but posted losses ahead of the Federal Reserve's decision.

Spot gold recovered despite the Fed's "hawkish" outlook, while the dollar weakened slightly.