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TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei stock index jumped more than 2.5 percent Friday, boosted by hopes for a US-China trade deal, and a big election win for Britain’s ruling Conservative Party that paves the way for Brexit. The Nikkei 225 index rallied 2.55 percent, or 598.29 points, to close at 24,023.10, the highest since early October last year. Over the week, it gained 2.9 percent. The broader Topix index was up 1.59 percent, […]
by Shingo ITO / Sara HUSSEIN Agence France Presse OSAKA, Japan (AFP) — US President Donald Trump said trade negotiations with China were “back on track” after “excellent” talks Saturday with his Chinese counterpart Xi Jinping in which Washington agreed to hold off on new tariffs. The crunch talks on the damaging trade war between the world’s top two economies came on the sidelines of a meeting of the G20 in Japan’s Osaka, with […]
by Elizabeth LAW Agence France Presse BEIJING, China (AFP) — Top US and Chinese trade negotiators held productive talks in Beijing on Wednesday, the American side said, as the economic superpowers head towards an endgame in a dispute that has hit businesses with bruising tariffs. Chinese Vice Premier Liu He, a close aide to President Xi Jinping on economic matters, met with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin ahead of […]
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 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 […]
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 […]
HONG KONG, China (AFP) — Asian markets rose Thursday as investors try to ascertain the state of play in the China-US trade row, while the pound edged higher on optimism Britain will not crash out of the European Union. However, the 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 world’s top economy. […]
WASHINGTON, United States (AFP) — China’s top economic official will visit Washington next week to continue trade discussions, the White House said Monday, as threatened tariffs on billions of dollars of goods could be imposed this month. The visit by Vice Premier Liu He — considered President Xi Jinping’s right-hand man on economic issues — comes after he led talks in Beijing last week with a high-level US delegation that made little headway in resolving […]
WASHINGTON, United States (Reuters) — Vice President Mike Pence underscored U.S. support for Japan on the North Korea issue on Monday (October 16), as he met with Deputy Prime Minister Taro Aso to try and find common ground on thorny trade issues, during their second round of bilateral economic talks in Washington. The U.S. delegation led by Pence has said his administration hopes the talks, which kicked off in April, will lead to negotiations on […]
US President Barack Obama has met with Prime Minister Abe on his state visit to Japan, following a formal reception at the Imperial Palace. Tricky talks on a trade accord top the agenda, but both sides have reservations. Barack Obama said on Thursday in Tokyo that the disputed Senkaku Islands, called Diayou by China, were covered by a US-Japanese defense pact if they came under attack. Obama also said, however, that the US had no […]
