Era of free trade and investment is over, Canada’s PM tells Apec summit

The Guardian•Friday, October 31, 2025 at 9:13:54 AM

At the Apec summit in South Korea, Canadian Prime Minister Mark Carney delivered a sobering message to Asia-Pacific leaders, declaring that the era of free trade and investment is over. This statement highlights a significant shift in the global economy, as Carney emphasizes the profound changes underway, particularly in light of China's defense of free trade. This matters because it signals a potential reconfiguration of international trade relationships and economic policies that could impact global markets and cooperation.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

The New York Times2 hours ago

NASA Gets Moon Lander Plan B’s From SpaceX and Blue Origin

NeutralFinancial Markets

NASA is exploring alternative moon lander options from SpaceX and Blue Origin amid concerns that China may lead the next lunar exploration. This development highlights the competitive nature of space exploration and the urgency for the U.S. to maintain its presence in space. With both companies presenting their designs, it showcases the innovative approaches being taken to ensure successful missions to the moon.

Read full article

via The New York Times

Investing.com3 hours ago

US to announce that Nexperia’s Chinese facilities will resume shipments, source says

PositiveFinancial Markets

The US is set to announce that Nexperia's facilities in China will resume shipments, a move that could significantly boost trade relations and supply chains. This decision is important as it reflects a potential easing of tensions and a step towards normalizing trade, which can benefit both economies and the global market.

Read full article

via Investing.com

The Wall Street Journal3 hours ago

White House to Announce Resumption of Auto Chip Shipments From China

PositiveFinancial Markets

The White House is set to announce the resumption of auto chip shipments from China, a move that could alleviate the ongoing crisis in car production caused by Nexperia's halted shipments. This is significant as the automotive industry has been struggling with chip shortages, impacting production timelines and sales globally. By restoring these shipments, the government aims to stabilize the supply chain and support manufacturers in meeting consumer demand.

Read full article

via The Wall Street Journal

Financial Times4 hours ago

Canada launches C$6.4bn minerals push as race to counter China heats up

PositiveFinancial Markets

Canada is making a significant move by launching a C$6.4 billion initiative to boost its minerals production, aiming to reduce reliance on China amidst growing global competition. This push, backed by national security legislation, is crucial as G7 nations seek to secure essential resources. By investing in domestic production, Canada not only strengthens its economy but also enhances its position in the global market, ensuring a more stable supply chain for critical minerals.

Read full article

via Financial Times

The Wall Street Journal5 hours ago

Opinion | American Farmers Want Fair Trade, Not Handouts

NegativeFinancial Markets

American farmers are expressing their frustration over reliance on relief payments and unfulfilled promises from China, arguing that these measures cannot compensate for the damage caused by Trump's tariffs on agriculture. This situation highlights the urgent need for fair trade practices that support farmers rather than temporary handouts, emphasizing the long-term implications for the agricultural sector and food security.

Read full article

via The Wall Street Journal

Bloomberg6 hours ago

Nvidia’s China Future Remains Unclear

NeutralFinancial Markets

In a recent discussion on Bloomberg Tech, Amy Webb, CEO of Future Today Strategy Group, highlighted the ongoing technology tensions between the US and China following a meeting between their leaders. This conversation is crucial as it sheds light on the uncertain future of companies like Nvidia in the Chinese market, which could have significant implications for global tech dynamics.

Read full article

via Bloomberg

Bloomberg6 hours ago

Apple Predicts Strong iPhone Sales, As AI Concerns Linger

PositiveFinancial Markets

Apple is optimistic about its upcoming iPhone sales, forecasting the holiday season to be its best quarter yet. This positive outlook comes on the heels of a recent increase in quarterly sales, showcasing the brand's resilience. However, challenges remain, particularly concerning market dynamics in China and ongoing AI-related issues. Carolina Milanesi from Creative Strategies shared insights on Bloomberg Tech, emphasizing the importance of these factors in shaping Apple's future performance.

Read full article

via Bloomberg

Investing.com6 hours ago

Earnings call transcript: BMW Q2 2025 maintains guidance despite China challenges

NeutralFinancial Markets

In its recent earnings call, BMW reported that it is maintaining its guidance for Q2 2025 despite facing challenges in the Chinese market. This is significant as it reflects the company's resilience and strategic planning in navigating potential obstacles, ensuring investors and stakeholders that they remain on track for their financial goals.

Read full article

via Investing.com

Latest from Financial Markets

Bloomberg2 hours ago

We Want to Create an Intimate Experience: Eugene Remm

PositiveFinancial Markets

Eugene Remm, co-founder and partner, emphasizes the importance of creating authentic experiences in the restaurant industry. In a recent interview on 'The Close' with Katie Greifeld and Romaine Bostick, he discussed the opening of his 21st restaurant, showcasing his commitment to intimacy and quality in dining. This matters because it highlights a growing trend in the culinary world where personal connections and unique experiences are prioritized, setting a new standard for what diners expect.

Read full article

via Bloomberg

Bloomberg2 hours ago

DOJ Probes Trading in Herbal Medicine Firm That Surged 46,000%

NeutralFinancial Markets

The US Department of Justice is investigating a Hong-Kong based traditional Chinese medicine company following an astonishing 46,000% surge in its stock value. This probe highlights concerns over market volatility and the potential for manipulation, raising questions about the integrity of trading practices in the herbal medicine sector.

Read full article

via Bloomberg

Bloomberg2 hours ago

In 50 Years, No Human Will Cook Anymore: Chow

NegativeFinancial Markets

Michael Chow, a prominent restaurateur and artist, predicts a future where humans will no longer cook, suggesting that technology will take over this essential task within the next 50 years. This vision raises concerns about the loss of culinary traditions and the human touch in cooking, which many consider an art form. As we embrace advancements in automation and artificial intelligence, it's crucial to reflect on what we might lose in the process.

Read full article

via Bloomberg

Investing.com2 hours ago

Central Bancompany eyes up to $5.7 billion valuation in rare US bank IPO

PositiveFinancial Markets

Central Bancompany is making headlines as it prepares for a potential IPO that could value the bank at up to $5.7 billion. This move is significant as it marks a rare occurrence in the U.S. banking sector, where IPOs have become increasingly uncommon. The successful launch of this IPO could not only boost Central Bancompany's growth but also signal a renewed interest in bank investments, potentially attracting more players to the financial market.

Read full article

via Investing.com

Investing.com2 hours ago

Ryan Paul D, Fox Corp director, sells $1.14 million in stock

NeutralFinancial Markets

Ryan Paul D, a director at Fox Corp, has sold $1.14 million worth of stock. This transaction is significant as it reflects the director's financial decisions and could indicate confidence or concerns about the company's future. Such sales can impact investor sentiment and market perception, making it a noteworthy event for stakeholders.

Read full article

via Investing.com

Investing.com2 hours ago

Wall Street gains on Amazon boost but rate caution tempers enthusiasm

NeutralFinancial Markets

Wall Street experienced gains, largely driven by a boost from Amazon's strong performance. However, investor enthusiasm is tempered by concerns over rising interest rates, which could impact future market growth. This situation highlights the delicate balance investors must navigate between positive corporate earnings and broader economic indicators.

Read full article

via Investing.com