Trump’s China Handshake Fails to Lift Economic Gloom – Bloomberg
The pledges China and the US made to keep prospects alive for a comprehensive trade deal did little to alter the deteriorating growth outlooks for both countries because they were sealed with something economists don’t trust: a handshake.
Day 1 of US-China Trade Talks Ends with Hopes for Limited Deal – Reuters
Top US and Chinese negotiators wrapped up a first day of trade talks in more than two months on Thursday as business groups expressed optimism the two sides might be able to ease a 15-month trade war and delay a US tariff hike scheduled for next week.
China Lowers Expectations for US Trade Talks After Blacklist: Officials – Reuters
Surprised and upset by the US blacklisting of Chinese companies, China has lowered expectations for significant progress from this week’s trade talks with the United States, Chinese government officials told Reuters, even as President Donald Trump on Wednesday expressed fresh optimism.
Johnson Gets Last Chance to Keep Brexit Deal Alive – The Times
Boris Johnson is fighting to salvage his Brexit deal after an explosive row with Angela Merkel put talks on the brink of collapse.
HKEX Drops £32bn Bid for LSE After Charm Offensive Fails – Financial Times
Hong Kong Exchanges and Clearing said it would drop a £32bn offer for the London Stock Exchange Group, ending its attempt to create a global capital markets operator with a dominant position in Europe and Asia.
US Unemployment Rate Hits 50-Year Low – Financial Times
Evidence of stronger hiring over the summer and the lowest unemployment rate in 50 years were offset by signs of a slowdown in wage growth during September.
You Have One Week to Make a Better Offer, EU Tells Johnson – The Times
Brussels has given Boris Johnson one week to make his Brexit plan acceptable or European Union leaders will refuse to discuss it at a crucial summit this month.
Markets on Tenterhooks as US Recession Signs Build – Reuters
A wake-up call from the US heartland has spooked Wall Street by raising fears of a recession that will push markets into a correction.
Johnson Vows Final Brexit Offer to End Stand-Off with Brussels – The Times
Boris Johnson will today make the EU what Downing Street says is his “final offer” on Brexit, including a “fair and reasonable compromise” over the Irish border.
Protester Shot in Chest with Live Police Round During Hong Kong National Day Protests – South China Morning Post
Warning shots fired according to police source as more than a quarter of MTR stations closed, along with thousands of shops and malls, as protests and disruption spread.