Asian markets trade higher as China indicates openness to trade talks with US; Hang Seng leads

Asian markets traded higher on Friday (May 2, 2025) amid rising hopes of a de-escalation in the US-China trade war after China said it is  “currently assessing” proposals by the United States for beginning trade talks. “The US has recently sent multiple messages to China through relevant parties, hoping to start talks with China. China is currently…

China says it is ‘evaluating’ Trump administration’s outreach on tariffs | International Trade News

China has said it is considering proposals by the United States to begin negotiations on US President Donald Trump’s sweeping tariffs. The US has “recently, through relevant channels, actively conveyed messages to China, expressing a desire to engage in talks”, China’s Ministry of Commerce said in a statement on Friday. “China is currently evaluating this.” Beijing’s…

Will initiate contempt of court proceedings: Mahesh Joshi

President of Kannada Sahitya Parishad Mahesh Joshi speaking to reporters in Mangaluru on Thursday. | Photo Credit: H.S. Manjunath President of Kannada Sahitya Parishad Mahesh Joshi said he will initiate contempt of court proceedings against members associated with Samana Manaskara Vedike for making baseless allegations against him, which violated injunction order issued by a Bengaluru…