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Washington’s chief trade negotiator on Wednesday said there remained much to do before reaching a new trade agreement with China despite “real progress” so far. After months of negotiating with Beijing, “now we are making real progress,” US Trade Representative Robert Lighthizer said in congressional testimony. However, “Much still needs to be done both before an agreement is reached, and more importantly after it is reached if one is reached.” Citing progress toward a new […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Wednesday in cautious trade as investors hunted for bargains with a lack of fresh events to support the market after slides in US shares. The benchmark Nikkei 225 index edged up 0.23 percent, or 49.79 points, to 21,499.18 in early trade, while the broader Topix index was up 0.15 percent, or 2.41 points, at 1,619.61. “As the Japanese market fell yesterday ahead of the slides in […]
TOKYO, Japan (AFP) — Tokyo stocks closed lower on Tuesday following recent gains fueled by optimism over the China-US trade talks, while analysts also said news of Indian air strikes in Pakistan-controlled Kashmir weighed on the market. The benchmark Nikkei 225 index, slipped 0.37 percent, or 78.84 points, to 21,449.39 while the broader Topix index was down 0.23 percent, or 3.67 points, at 1,617.20. Shares have enjoyed healthy buying of late, thanks to hopes that […]
HONG KONG, China (AFP) — Asian markets were mixed Friday following losses on Wall Street as optimism over the China-US trade talks was trumped by a weak round of US data that revived concerns about economic growth. With high-level negotiations between the world’s top economies still taking place in Washington there has been little concrete news about their progress, though some reports have said the two are heading towards an eventual deal. The lack of […]
TOKYO, Japan (AFP) — Tokyo stocks turned down Thursday after three days of gains as investors found few fresh buying pegs after dovish signals from the US central bank. The Nikkei 225 index opened slightly higher as Wall Street stocks edged up, following cues from the Federal Reserve. But the Tokyo benchmark soon fell into negative territory and lost 0.27 percent or 58.93 points to 21,372.56 in the first 30 minutes of trade. The broader Topix […]
HONG KONG, China (AFP) — Asian markets were mixed Thursday after the Federal Reserve left open the possibility it could lift interest rates this year, while investors kept an optimistic eye on China-US trade talks. Equities and other risk assets have enjoyed a stellar start to the year on hopes for the negotiations as well as expectations the US central bank will slow its pace of monetary tightening — with some even tipping a cut […]
TOKYO, Japan (AFP) — Tokyo stocks rose for a third straight session on Wednesday, supported by a solid performance on Wall Street and hopes for progress in US-China trade talks. The benchmark Nikkei 225 index added 0.60 percent, or 128.84 points, to close at 21,431.49 while the broader Topix index was up 0.43 percent, or 6.95 points, at 1,613.47. “Investors were encouraged by growing expectations that the US-China trade talks will make progress,” Toshikazu Horiuchi, a […]
HONG KONG, China (AFP) — Asian markets mostly rose Tuesday with investors cautiously optimistic that China and the US can reach a deal ending their trade war as the two sides prepare to resume talks this week. With New York closed for a public holiday there were few catalysts to drive buying, though the release of Federal Reserve minutes on Wednesday will be pored over for an idea of the bank’s interest rate plans. Top-level […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower on Tuesday as investors were seen taking a wait-and-see attitude after a holiday in the US market with a lack of fresh clues for trading. The benchmark Nikkei 225 index was down 0.12 percent or 25.75 points at 21,256.10 in early trade, while the broader Topix index was lower by 0.10 percent or 1.61 points at 1,600.35. “Japanese shares are dominated by a wait-and-see attitude after the […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday on hopes for progress in US-China trade talks. The benchmark Nikkei 225 index was up 1.55 percent or 324.31 points at 21,224.94 in early trade, while the broader Topix index was up 1.41 percent or 22.31 points at 1,599.60. “Risk sentiment was kicked off Friday by the (US) President averting another government shutdown… He was then briefed on Saturday by his key economic and trade […]
LONDON, United Kingdom (AFP) — Europe’s stock markets rebounded at the open on Monday, following last week’s sharp losses. In initial trade, London’s benchmark FTSE 100 index of major blue-chip firms jumped almost 0.6 percent at 7,110.11 points. In the eurozone, the Paris CAC 40 index won 0.5 percent to 4,988.09 and Frankfurt’s DAX 30 climbed 0.5 percent to 10,955.83 points, compared with Friday’s closing levels. Global stocks had mostly fallen on Friday at the […]
HONG KONG, China (AFP) — Trade uncertainty weighed on Asian stocks Monday, at the start of a week that sees crunch China-US talks take place in Beijing aimed at averting fresh tariff escalations. Mainland Chinese markets reopened from their week-long Lunar New Year break to renewed concerns over the trade row and a series of bearish global growth forecasts. Top US economic officials travel to the Chinese capital this week for the third round of […]
