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HONG KONG, China (AFP) — Asian markets mostly rose early Wednesday as investors tracked early results from the US midterm elections with Democrats looking on course to win back control of the House, which could impact Donald Trump’s legislative agenda. Equities and the dollar were fluctuating through the morning with results in many key constituencies on a knife-edge with turnout expected to be high. But, while the vote is the first major electoral test of […]
HONG KONG, China (AFP) — Asian markets fell Monday after Donald Trump’s top economics adviser downplayed the chances of a quick deal to end the China-US trade war, taking the wind out of the sails of last week’s rally. The US leader fueled a surge in the region’s equities Friday by tweeting that he had held positive talks with Chinese President Xi Jinping, before a report said he had even asked officials to draw up […]
by Richard CARTER Agence France-Presse TOKYO, Japan (AFP) — Asian stock markets rallied Friday after two days of ferocious selling sparked by higher US interest rates, trade war fears and attacks by President Donald Trump on his “crazy” central bank. Tokyo closed near half a percentage point higher after a see-saw session that saw it open in the red but quickly pare losses. Elsewhere in Asia, China’s benchmark Shanghai Composite climbed by 0.5 percent after […]
HONG KONG, China (AFP) — Asian markets rose Friday, tracking a rally on Wall Street where investors were buoyed by the Federal Reserve’s positive outlook for the US economy, and oil added to gains with predictions it could be headed back to $100. While concerns over the China-US trade row hang in the air, equities continue to be supported by optimism that the global economy and companies are in rude health. That was reinforced by […]
HONG KONG, China (AFP) — Hong Kong led a sell-off in Asian markets during holiday-thinned business Monday as trade tensions burst back on the scene with China and the US swapping fresh tariffs and reports saying Beijing pulled out of planned talks. The recent optimism in the US economy that saw equities rack up healthy gains over the past two weeks was replaced by fresh concerns about the impact of a standoff between the world’s […]
HONG KONG, China (AFP) — Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs on a swathe of Chinese goods and NAFTA talks with Canada hitting a wall. The optimism that flowed through trading floors at the start of last week has been replaced by a now-familiar sense of dread after the US president hit out at Ottawa over the weekend as the […]
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 […]
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 at the annual Jackson […]
HONG KONG, China (AFP) — Asian markets opened higher Friday after a positive lead from Wall Street and Europe, with investors cautiously optimistic about upcoming US-China trade talks. Negotiators from Washington and Beijing will meet later this month in the first publicly announced meeting in weeks on their bitter trade dispute, which has seen both sides impose reciprocal tariffs on goods worth $34 billion. The news helped global markets regain composure after several days of […]
NEW YORK, United States (AFP) — Most Asian markets rose again on Friday following a record close on Wall Street as trade war fears are tempered by hopes China and the US will eventually reach a compromise, while attention turns to the start of earnings season. Equities have had a rollercoaster week, with strong US jobs figures providing initial support before Donald Trump’s threatened tariffs on another $200 billion of Chinese imports sent investors running […]
(AFP) — Asian markets on Thursday recovered from the previous day’s hammering, oil prices bounced and the dollar extended a rally on the back of expectations the US is better prepared to deal with a trade war with China. While investors remain on edge about a damaging standoff between the world’s two economic superpowers, there are hopes the two sides will avoid an escalation despite Donald Trump threatening tariffs on a further $200 billion of […]
HONG KONG, China (AFP) — Asian markets fell Monday as fears of a global trade war continue to dog investors, with Donald Trump threatening fresh tariffs on European cars and reports he is considering curbs on Chinese investment in the US. There was little sign of relief after equities suffered a pummelling last week in response to tit-for-tat warnings by Beijing and Washington, which has fuelled concerns about the potential damage to the world economy. […]
