A summit between the Presidents of the United States and China has paved the way to improve relationship between the two major economic powers in a number of areas.
During their four hours-long meeting in Woodside, California, US President Joe Biden and his Chinese counterpart Xi Jinping agreed on taking joint actions to curb fentanyl production and restore military communication lines between the two countries.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.