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

Investing.com22 minutes ago

Nvidia CEO hopes Blackwell chips can be sold in China but decision up to Trump

NeutralFinancial Markets

Nvidia's CEO expressed optimism about the potential sale of their Blackwell chips in China, but emphasized that the final decision rests with the Trump administration. This situation highlights the ongoing complexities of international trade and technology transfer, particularly in the semiconductor industry, which is crucial for global tech advancements.

Read full article

via Investing.com

Investing.coman hour ago

China’s Xi holds court at APEC summit after Trump trade truce

PositiveFinancial Markets

At the recent APEC summit, China's President Xi Jinping showcased his leadership following a trade truce with the U.S. under President Trump. This development is significant as it highlights China's growing influence in global trade discussions and the potential for improved economic relations between the two nations. The summit served as a platform for Xi to reinforce China's commitment to multilateralism and open markets, which could lead to more collaborative efforts in the Asia-Pacific region.

Read full article

via Investing.com

The Guardian2 hours ago

What – if anything – did Asian countries get out of Donald Trump’s whirlwind tour?

NegativeFinancial Markets

Donald Trump's recent tour of Asia has left many questioning the actual benefits for the countries involved. While he announced new trade deals with Malaysia, Japan, and South Korea, the lack of reciprocity from the US regarding tariff reductions has created uncertainty. This matters because it highlights the ongoing tensions in international trade and the challenges these nations face in securing fair agreements.

Read full article

via The Guardian

Bloomberg2 hours ago

Carney on Defense, LNG Exports and Critical Minerals

PositiveFinancial Markets

Canada's Prime Minister Mark Carney recently highlighted significant agreements with South Korea during the Asia Pacific Economic Community meeting. This collaboration is crucial as it strengthens trade relations and promotes the export of liquefied natural gas and critical minerals, which are vital for both countries' economies. Such partnerships not only enhance economic growth but also foster international cooperation in addressing global energy needs.

Read full article

via Bloomberg

Investing.com2 hours ago

Analysis-As Trump skips APEC, China’s Xi fills the void with message on trade

NeutralFinancial Markets

As former President Donald Trump opts out of attending the APEC summit, Chinese President Xi Jinping seizes the opportunity to assert China's influence in global trade discussions. This shift highlights the changing dynamics in international relations and trade policies, especially in the Asia-Pacific region. With Trump's absence, Xi's message could resonate more strongly with member nations, potentially reshaping trade agreements and alliances.

Read full article

via Investing.com

Investing.com3 hours ago

Taiwan reports progress on trade talks with US after officials meet at APEC

PositiveFinancial Markets

Taiwan has reported significant progress in its trade discussions with the United States following a recent meeting at the APEC summit. This development is crucial as it highlights Taiwan's efforts to strengthen economic ties with the US, which could lead to enhanced trade opportunities and support amid regional tensions. The ongoing dialogue reflects a commitment to collaboration and could pave the way for future agreements that benefit both economies.

Read full article

via Investing.com

Investing.com3 hours ago

Hyundai and Nvidia partner on $3b South Korean AI cluster initiative

PositiveFinancial Markets

Hyundai and Nvidia have joined forces to invest $3 billion in an AI cluster initiative in South Korea, aiming to enhance the country's technological landscape. This partnership is significant as it not only boosts local innovation but also positions South Korea as a key player in the global AI market, fostering economic growth and job creation.

Read full article

via Investing.com

Investing.com4 hours ago

Taiwan does not want China’s ’one country, two systems’, president says

NegativeFinancial Markets

Taiwan's president has firmly rejected China's 'one country, two systems' proposal, emphasizing the island's desire for autonomy and self-determination. This stance is significant as it highlights the ongoing tensions between Taiwan and China, particularly in light of China's increasing assertiveness in the region. The president's remarks resonate with many Taiwanese who value their democratic freedoms and are wary of Beijing's influence.

Read full article

via Investing.com

Latest from Financial Markets

The New York Times6 minutes ago

Three Billionaires Walk Into a Fried Chicken Restaurant

PositiveFinancial Markets

In a surprising twist, three billionaires were spotted enjoying a casual meal at a fried chicken restaurant, showcasing a more relatable side to their wealth. This unexpected outing not only highlights their down-to-earth nature but also brings attention to the charm of local eateries, reminding us that even the richest among us appreciate comfort food. It's a refreshing reminder that success doesn't always mean distancing oneself from everyday experiences.

Read full article

via The New York Times

Investing.com7 minutes ago

Skipton Building Society launches tender offer for permanent interest shares

PositiveFinancial Markets

Skipton Building Society has announced a tender offer for its permanent interest shares, a move that reflects its commitment to providing value to its investors. This initiative is significant as it allows shareholders to sell their shares back to the society, potentially enhancing liquidity and investor confidence. Such actions are crucial in maintaining a healthy financial ecosystem, especially in today's economic climate.

Read full article

via Investing.com

Investing.com8 minutes ago

Earnings call transcript: CTT Correios Q3 2025 sees 35% profit boost

PositiveFinancial Markets

CTT Correios has reported a remarkable 35% increase in profits for the third quarter of 2025, showcasing the company's strong performance and effective strategies in a competitive market. This significant boost not only reflects the resilience of the postal service but also highlights its ability to adapt and thrive, which is crucial for stakeholders and investors looking for stability and growth in their investments.

Read full article

via Investing.com

Investing.com9 minutes ago

Interface earnings beat by $0.13, revenue topped estimates

PositiveFinancial Markets

Interface has reported earnings that exceeded expectations by $0.13, with revenue also surpassing estimates. This positive financial performance highlights the company's strong market position and effective strategies, which could lead to increased investor confidence and potential growth opportunities in the future.

Read full article

via Investing.com

Investing.com9 minutes ago

Earnings call transcript: CaixaBank Q3 2025 sees stable income, stock dips

NeutralFinancial Markets

CaixaBank's Q3 2025 earnings call revealed stable income figures, but the stock experienced a dip following the announcement. This stability in income is significant as it reflects the bank's resilience in a fluctuating market, yet the stock's decline raises questions about investor confidence. Understanding these dynamics is crucial for stakeholders as they navigate the financial landscape.

Read full article

via Investing.com

Finance Monthly9 minutes ago

Shaq's $180,000 Custom Range Rover Vanishes in Audacious Cyber Theft: Hunt Intensifies

NegativeFinancial Markets

In a shocking turn of events, Shaquille O'Neal's custom $180,000 Range Rover has been stolen in a bold cyber theft. This incident not only highlights the vulnerabilities in vehicle security systems but also raises concerns about the safety of high-profile individuals. As the hunt for the vehicle intensifies, it serves as a reminder of the increasing sophistication of cybercriminals and the need for enhanced protective measures.

Read full article

via Finance Monthly