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TOKYO, Japan (AFP) — Tokyo’s benchmark stock index opened lower on Tuesday as investors turned cautious after six days of gains and waited for the outcome of Japan’s trade talks with the United States. The key Nikkei 225 index, which ended last week at its best level since January, slipped 0.19 percent or 44.56 points to 23,825.37 in early trade while the broader Topix index was up 0.07 percent or 1.33 points at 1,805.35. “Selling […]
HONG KONG, China (AFP) — Asian markets enjoyed more gains on Friday, putting them on course to end the week with a flourish as investors looked past the China-US trade row to focus on the booming American economy. The upbeat mood on trading floors was being felt across the board, with embattled emerging market currencies seeing a recovery, while some observers suggested a fear of missing out was also providing some lift. Regional dealers were […]
NEW YORK, United States (AFP) — Global stocks mostly pushed higher on Wednesday as investors looked past the latest tit-for-tat tariffs by China and the United States. US President Donald Trump said he will impose 10 percent levies starting next week on another $200 billion of imports from China, prompting Beijing to target $60 billion of US goods with five to 10 percent taxes. Beijing rejected Trump’s claim that it was tailoring retaliatory tariffs goods […]
HONG KONG, China (AFP) — Asian markets rose Wednesday as tit-for-tat tariffs by China and the United States were considered lighter than feared, while there are hopes the two sides can eventually hammer out a deal to avert an all-out trade war. Donald Trump on Monday said he would press ahead with 10 percent levies on another $200 billion of imports, sparking a response from Beijing to target $60 billion of US goods with five […]
HONG KONG, China (AFP) — Asian markets sank on Monday following reports that Donald Trump is planning to hit China with another round of tariffs, dealing a blow to hopes for talks between the two economic giants. Traders sent regional equities surging on Thursday and Friday as it emerged that Treasury Secretary Steven Mnuchin had offered to meet officials from Beijing to avert an all-out trade war. However, The Washington Post and Wall Street Journal […]
(Eagle News) — The town of Oras, a fourth class municipality in Eastern Samar, may have been spared by typhoon Ompong, but it did not escape a fire that engulfed a large portion of the town on Sunday, Sept. 16. The fire also razed the town’s public market where people buy most of their food. The fire lasted for four hours, starting at 1 a.m. when most of the townspeople are asleep, and ended […]
HONG KONG, China (AFP) — Asian markets extended their gains Friday on hopes for China-US trade talks, while Turkey’s lira held up after a shock hike in the country’s interest rate and a dip in US inflation. After a tumultuous start to the month, investors finally had something to smile about Thursday after Treasury Secretary Steven Mnuchin invited Chinese officials for fresh talks to avert an all-out trade war. The news provided some much-needed support, […]
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 […]
TOKYO, Japan (AFP)–Tokyo stocks opened lower on Friday, with falls in US high-tech shares and a higher yen weighing on the market. The benchmark Nikkei index fell 0.58 percent or 129.42 points to 22,358.52 in early trade, while the broader Topix index was down 0.44 percent or 7.38 points at 1,685.03. The dollar fetched 110.42 yen in early Asian trade, 110.86 yen in New York in New York late Thursday. “Falls in US high tech […]
HONG KONG, China (AFP) — Asia struggled on Thursday to ride the wave of optimism that swept Wall Street to another record close, with investors taking a breather after a strong week across most markets. New York’s indexes powered ahead as news that Canada and the United States were close to a fresh trade deal that would revive NAFTA coincided with better-than-expected US growth and a possible breakthrough in Brexit talks. The pound and euro […]
HONG KONG, China (AFP) — Asian markets mostly fell on Friday as China-US trade talks wrapped up with little progress being made, while the dollar held gains ahead of a key speech by the head of the Federal Reserve. The Australian dollar was among the worst performers as the country is gripped by political uncertainty with Prime Minister Malcolm Turnbull ousted and the governing Liberal Party set to choose a new leader. Officials from Beijing […]
TOKYO, Japan (AFP)–Tokyo stocks closed lower on Monday as investors retreated to the sidelines to wait for the outcome of US-China trade talks later this week. The benchmark Nikkei 225 index fell 0.32 percent, or 71.38 points, to 22,199.00 while the broader Topix index was down 0.32 percent, or 5.38 points, at 1,692.15. “The market is caught between hopes and worries,” said Mutsumi Kagawa, chief global strategist at Rakuten Securities. “The hopes are about possible […]
