U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday ... Vice President Han Zheng will attend as Beijing stands ready to strengthen cooperation.

Last week's release of the latest DeepSeek model initially received limited attention, overshadowed by the inauguration of Trump.

President-elect Trump is interested in heading back to China after he takes office again amid tensions with Beijing, according to a report.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.

The chatbot developed by DeepSeek has shown the ability to match the capacity of US AI pace-setters for a fraction of the investments made by US companies.

A Chinese company’s claim of a $5.6 million artificial intelligence breakthrough wiped almost $600 billion from Nvidia’s market value on Monday, shattering Wall Street’s confidence that tech companies’ AI spending spree will continue and dealing an apparent blow to US tech leadership.

Chinese firm DeepSeek's artificial intelligence chatbot has soared to the top of the Apple Store's download charts, stunning industry insiders and analysts with its ability to match its US competitors.

Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.

Former long-time Wall Street CEO also pledges ‘across-the-board tariffs’ to gain leverage against Beijing and other countries.