Tag: China-US trade

Asian markets lifted by China-US trade hopes, pound stands ground

HONG KONG, China (AFP) — Asian markets mostly rose Tuesday on growing optimism that China and the US will sign a partial trade deal next month, while the pound held firm around five-month highs as dealers bet Britain will leave the EU with a Brexit agreement. Donald Trump reinforced hopes Monday that he and Xi Jinping will be able to put pen to paper on a mini pact, saying China had already begun promised purchases […]

Asia markets mixed as tough week draws to end, pound struggles

HONG KONG, China (AFP) — Asian markets swung throughout Friday as investors weighed China-US trade speculation, while the pound struggled to stage a strong recovery from the previous day’s Brexit-fueled bruising. As a volatile week drew to a close, some stability emerged in the oil sector with earlier sharp losses tailing off, providing relief to regional energy firms. Hopes that the world’s top two economies are making efforts to resolve their painful tariffs standoff provided […]

Asian equities track Wall St loss, China-US trade talks in view

HONG KONG, China (AFP) — Most Asian markets dipped Thursday following a sell-off in New York as investors keep an eye on top-level talks between China and the United States on trade, while the dollar’s latest rally lost a little steam. The tariff spat between the world’s two biggest economies returns to the fore as a US delegation — including Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross — sit with Chinese officials in […]