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HONG KONG, China (AFP) — Asian markets rallied with oil and high-yielding currencies Monday as investors grow increasingly confident that China and the United States will eventually hammer out a deal to end their long-running trade war. While talks ended Friday in Beijing with no deal, negotiators shift to Washington this week with Donald Trump saying discussions were going “extremely well” and suggesting he could extend a March 1 truce deadline for an agreement to […]
NEW YORK, United States (AFP) — European and US stock markets leapt on Friday as positive signs emerged from US-China trade talks aimed at averting an escalation of a tariff war between the world’s top two economies. US President Donald Trump said the negotiations in Beijing were going “extremely well” and his Chinese counterpart Xi Jinping announced the talks would continue in Washington next week. Trump also said there was a “possibility” he would extend […]
HONG KONG, China (AFP) — Asian stocks retreated Friday as concern grew over reports of an impasse in China-US trade talks in Beijing, and Wall Street was hit by weak US retail sales. Bourses across the region posted losses as investors shrugged off news that US President Donald Trump would sign a massive spending bill to avert a government shutdown, while Chinese inflation eased more than expected. Top US economic officials were due to meet […]
HONG KONG, China (AFP) — Asian stocks eased Thursday as traders anxiously awaited news from high-level US-China trade talks starting in Beijing. Negotiators from the two economic superpowers kicked off discussions in the Chinese capital aimed at defusing a row that has already triggered tariffs on billions of dollars worth of exports and threatened to stymie global growth. Failure to resolve the dispute would initiate a sharp hike in US tariffs on $200 billion of […]
HONG KONG, China (AFP) — Asian stocks climbed Wednesday as US President Donald Trump said he could extend the deadline for a trade deal with China, appearing to boost the prospects of an agreement. Trump said “things are going well” at preliminary talks in Beijing, where top economic officials will gather Thursday seeking an accord to stop sharp US tariff hikes that could damage the global economy. “If we’re close to a deal, where we […]
NEW YORK, United States (AFP) — Global stocks mostly rose Monday as US and Chinese officials in Beijing geared up for crunch trade talks while the dollar gained on the euro for the sixth straight session. European and Asian bourses pushed higher at the start of trade talks in Beijing before a March 1 deadline that could lead to additional US tariffs if a deal is not reached. Deputy US Trade Representative Jeffrey Gerrish led […]
HONG KONG, China (AFP) — Shares in Tokyo and Sydney rose Wednesday in another holiday-thinned trading day as investors tracked a positive lead from Wall Street and await Donald Trump’s State of the Union address. With most of the region off for the Lunar New Year break there were few catalysts to drive business, though Japanese investors are also looking forward to the release of Toyota’s earnings after the market close. Trump’s annual address will […]
HONG KONG, China (AFP) — Asian markets rose Monday as investors were cheered by a blockbuster US jobs report last week, while trade was thin owing to the three-day Lunar New Year break. Expectations that the Federal Reserve will take its foot off the gas in raising interest rates and optimism that China and the United States will eventually hammer out a deal to resolve their long-running trade war were also providing support. With most […]
HONG KONG, China (AFP) — Asian markets mostly rose Friday, with investors treading carefully as China-US trade talks ended with no deal but with both sides sounding notes of optimism and setting up more high-level meetings later this month. After the much-anticipated gathering, Donald Trump hailed “tremendous progress” between the world’s top two economies but warned the “hard deadline” of March 1 remained in place, after which US tariffs on billions of dollars of Chinese […]
HONG KONG, China (AFP) — Asian markets fell Tuesday as the charging of Chinese giant Huawei in the US cast a shadow over upcoming trade talks, while investors were also tracking a Wall Street sell-off fuelled by concerns corporate profits. A busy week across the globe got off to a nervous start Monday after industrial giant Caterpillar and chip company Nvidia projected worse-than-expected results for 2019, citing ongoing weakness in China. The announcements from two […]
HONG KONG, China (AFP) — Asian investors trod cautiously Thursday as they try to ascertain the state of play in the China-US trade row, while the pound edged higher on growing optimism Britain will not crash out of the European Union. The long-running US government shutdown continued to rankle, with Democrats and Donald Trump digging their heels in over the president’s border wall budget demand, while a White House official warned it could hammer the […]
HONG KONG, China (AFP) –Asian markets fluctuated Wednesday following a negative lead from Wall Street as investors grow nervous about the chances of success in China-US trade talks ahead of a crunch meeting next week. The mood remains cautious, with the rally that has characterized the start of the year stuttering owing to a slowing Chinese economy, a softer global outlook and other issues including Brexit and the US government shutdown, which shows no sign […]
