Refinitiv reported a senior U.S. official on Wednesday read a 14-point memorandum due to be signed in Switzerland on Friday, saying it is not a final, binding agreement and either side may withdraw. The official said the next negotiation phase will focus on sequencing and implementation of measures in the preliminary pact and described the Swiss meeting as critical to whether the memorandum can evolve into a comprehensive agreement. He said the text he read largely matches versions previously le

President Trump said India has a great friend in the White House.

At the Lujiazui Forum on June 17, Hong Kong Secretary for Financial Services and the Treasury Xu said Shanghai‑Hong Kong financial cooperation is comprehensive, long‑term and interlinked. He noted Hong Kong lacks commodity markets and said gold will be the strategic entry point, advancing strategic cooperation with the Shanghai Gold Exchange and aiming to establish an international gold trading center in Hong Kong. He said next steps will better leverage Hong Kong’s financial capabilities and Shanghai’s real‑economy strengths through two‑way linkage.