White House says TikTok ownership deal could be finalized in South Korea, ending months of uncertainty over the app’s fate in the U.S.

TSX futures are showing a slight uptick as traders assess the implications of a potential U.S.-China trade agreement. This development is significant as it could lead to improved market conditions and investor confidence, reflecting a more stable economic outlook. The ongoing negotiations between these two major economies are crucial for global trade dynamics, and any positive news could bolster market performance.

BYD, a leading Chinese electric vehicle manufacturer, has reported a significant 33% drop in profits, prompting concerns about its growth trajectory. As the company faces challenges in its domestic market, it is now focusing on expanding its presence overseas. Analysts believe that BYD will need to unveil a series of technological innovations to regain momentum and address the slowdown in growth. This situation is crucial as it highlights the competitive landscape of the EV market and the pressures companies face to innovate.

In a significant diplomatic breakthrough, the leaders of the US and China have agreed to a one-year trade truce following talks between Trump and Xi at a summit in South Korea. This agreement postpones export restrictions on critical materials like rare earths and semiconductors, which are vital for various industries. This truce not only eases tensions between the two economic giants but also provides a much-needed stability in global markets, benefiting businesses and consumers alike.

The recent meeting between Donald Trump and Xi Jinping in South Korea signals a potential shift in the ongoing trade tensions between the U.S. and China. While the outcome leans more towards a truce rather than a lasting peace, it highlights the necessity for both nations to engage diplomatically. This meeting is significant as it may pave the way for improved relations and a more stable economic environment, which is crucial for global markets.

Exciting news is on the horizon as US Treasury official Bessent suggests that a trade deal between China and the United States could be signed as early as next week. This development is significant because it could ease tensions between the two largest economies in the world, potentially leading to improved trade relations and economic stability. A successful agreement would not only benefit businesses in both countries but also have a positive ripple effect on the global economy.

The US has decided to suspend export curbs, paving the way for a potential deal with TikTok. This development is significant as it indicates a shift in the government's approach towards the popular social media platform, which has faced scrutiny over security concerns. By advancing negotiations, both parties may find a resolution that allows TikTok to continue operating in the US while addressing regulatory issues, ultimately benefiting users and the economy.

BYD Co. has reported a significant decline in its quarterly profits, highlighting the challenges faced by the Chinese electric vehicle giant amid increasing domestic competition and heightened scrutiny from the industry. This downturn is concerning as it not only affects BYD's sales outlook but also reflects broader issues within the EV market in China, which could impact consumer confidence and investment in the sector.

China and the United States are driving a significant increase in global power demand, with renewable energy sources projected to account for 55% of this growth. This shift is crucial as it highlights the commitment of these major economies to transition towards cleaner energy, which is essential for combating climate change and ensuring sustainable development. The rise in renewables not only supports energy security but also creates new economic opportunities in the green sector.

Meta is making headlines with its ambitious plan to raise at least $25 billion through a bond sale, which could significantly bolster its financial position. This move, involving a dollar-bond sale structured in up to six parts with varying maturities, reflects Meta's confidence in its long-term strategy and market conditions. It's a noteworthy development for investors and the tech industry, as it showcases Meta's commitment to growth and innovation.

Meta is reportedly looking to raise at least $25 billion through a bond offering, according to Bloomberg. This move is significant as it reflects the company's strategy to bolster its financial position amid ongoing market challenges. By tapping into the bond market, Meta aims to secure funds that could be used for various initiatives, including investments in technology and potential acquisitions.

Marine Products reported disappointing earnings for the third quarter of 2025, leading to a decline in their stock price. This miss highlights ongoing challenges in the market and raises concerns among investors about the company's future performance. Understanding these financial results is crucial as they can impact investor confidence and the overall market sentiment.

Roblox has reported a wider loss for the third quarter, but the company is optimistic as it raises its revenue forecast due to strong growth driven by popular video gaming trends. This is significant because it indicates that despite the losses, the demand for Roblox's platform is increasing, suggesting a bright future for the company as it capitalizes on these gaming crazes.

ABVC BioPharma's board has approved a new performance incentive plan that is linked to achieving a $1 billion market cap. This move is significant as it aligns the interests of the company's management with those of its shareholders, potentially driving growth and innovation in the biopharma sector. By setting ambitious targets, ABVC aims to enhance its market position and attract further investment, which could lead to advancements in their product pipeline.

Kazakhstan is engaging in discussions with Exxon Mobil Corp. regarding the expansion of the Kashagan oil field, which is significant as it holds untapped potential for increased oil production. This collaboration could enhance Kazakhstan's energy sector and boost its economy, making it a noteworthy development in the global oil market.