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HONG KONG, China (AFP) — Most Asian markets rose on Wednesday with energy firms surging with oil prices, while traders await the conclusion of a key Federal Reserve policy meeting. While worries about the China-US trade row continue to claw at confidence, the strong US economy and healthy corporate outlook are providing some buoyancy for now. The weekend decision by major producers from inside and outside OPEC to maintain output — despite Donald Trump’s call […]
HONG KONG, China (AFP) — Asian markets were mixed Tuesday following the latest tit-for-tat tariffs in the China-US trade row, while investors are now looking ahead to the Federal Reserve’s next policy meeting. While the levees had been widely expected, there are concerns about how long the spat will go on for after China canceled planned talks between the two sides and said negotiations “cannot be carried out under the threat of tariffs”. Fresh political […]
HONG KONG, China (AFP) — The sell-off on Asian markets showed no sign of letting up Wednesday with investors fearing an escalation in the China-US trade row after Beijing said it planned to impose anti-dumping sanctions worth billions on Washington. The news adds to a sense of pessimism across trading floors in recent weeks as the world’s top two economic powers stand on the cusp of an all-out trade war that observers fear could batter […]
HONG KONG, China (AFP) — Donald Trump’s latest threat to impose tariffs on all Chinese imports sent Asian markets tumbling Monday on growing fears of an all-out trade war between the world’s top two economies. The president’s comments Friday added to the uncertainty on trading floors, which have also been hit by a concerns of a brewing financial crisis in emerging markets. They also overshadowed data showing a bigger-than-forecast jump in US jobs creation for […]
HONG KONG, China (AFP) — Most Asian equities sank on Friday as investors fret that the US will ramp up its trade war with China by imposing fresh tariffs, while chip-makers were among the biggest losers following a sharp sell-off in New York. While emerging market contagion fears continue to stalk trading floors, Donald Trump’s protectionist drive returned to the fore following an indication Japan was next in the firing line, while NAFTA talks with […]
HONG KONG, China (AFP) — Asian equities were mixed Thursday following the previous day’s rout as concerns about contagion from emerging markets fray investor nerves, while sentiment is also being dampened by the possibility of further US tariffs on China. And while EM currencies, which have taken a battering in recent weeks, enjoyed a much-needed breather, there are warnings of further pain to come in foreign exchanges. Worries that financial crises in Argentina, South Africa […]
HONG KONG, China (AFP) — Asian markets fluctuated on Tuesday with investors moving cautiously as they await the latest developments in Donald Trump’s trade spats with China and Canada. With US markets closed for the Labor Day holiday, there were few catalysts to drive business though dealers remain nervous after Trump said he wanted to impose fresh tariffs ion a huge swathe of Chinese goods by the end of this week. There is also growing […]
HONG KONG, China (AFP) — Asian markets sank Friday as the China-US trade row burst back into view with a report that Donald Trump wants to impose tariffs on $200 billion of goods as early as next week. After starting the week with three days of rallies — fuelled by hopes for a new Canada-US-Mexico trade pact and easing Brexit fears — investors were sent running for the hills as the row with Beijing shows […]
HONG KONG, China (AFP) — Asian markets enjoyed broad gains for a third day on Wednesday but investors moved more cautiously as they took stock of the latest trade developments and looked to possible headwinds. New York provided another record lead on lingering optimism after the United States and Mexico agreed on a revised free-trade deal and Canada began talks that could see them join. However, while the news was seen as a much-needed boost […]
HONG KONG, China (AFP) — Asian investors extended a rally on Tuesday, tracking another Wall Street record as investors cheered a fresh trade deal between the United States and Mexico that brings an end to one row picked by Donald Trump that had rattled global markets. The agreement raises hopes the two-decade-old North American Free Trade Agreement, torn up by the White House soon after Trump’s election, can be salvaged after Canada rejoins talks on […]
HONGKONG, China (AFP) — Asian markets rallied on Monday following a record lead from Wall Street, while the dollar remained under pressure after the head of the Federal Reserve suggested it would not speed up its pace of lifting interest rates. Jerome Powell said the US economy was healthy and prices showed no sign of rising more than the bank’s two percent target, adding that there appeared to be no risk of overheating. The remarks […]
HONG KONG, China (AFP) — Asian markets opened lower on Tuesday, following poor performances by tech firms on Wall Street and as investors anticipated a Bank of Japan policy decision. US tech equities suffered a significant tumble on Monday, pushing the tech-rich Nasdaq Composite Index in New York down 1.4 percent — the third straight day it had lost at least one percent. Silicon Valley shares have been in retreat since Facebook last week signaled […]
