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NEW YORK, United States (AFP) — European stock markets lost ground again Thursday as investors all but gave up hope that a US-China trade war could be nearing its end, while US equities staged a tentative rebound on some solid data. Fears over the stand-off between the world’s economic superpowers added to jitters over the state of global growth, and inflicted heavy losses on equities Wednesday, including the worst one-day fall this year on Wall […]
HONG KONG, China (AFP) — Asian markets largely extended their losses on Wednesday despite Wall Street registering strong gains as investors remained on edge over escalating US-China trade tensions. Asia’s losses came despite a gain of more than one percent for US indices as Wall Street recovered from a multi-session losing streak that saw the Dow hit its lowest level this year. Equities had tumbled Monday after Beijing allowed the yuan to slide sharply against […]
(Eagle News) – Malaysian Prime Minister Mahathir Mohamad said that the escalating US-China trade war is affecting other nations, as he urged more dialogue between the two superpowers. Mahathir was the keynote speaker in the opening of the 25th Future of Asia conference in Tokyo on Thursday, May 30, which is sponsored by Nikkei. The 93-year old Southeast Asian leader said that the US-China trade war is creating instability and uncertainty in the world. […]
TOKYO, Japan (AFP) — Most Asian markets rose Monday as investors tentatively pick up cheap stocks, with focus on an expected meeting between Donald Trump and Xi Jinping at the weekend that will be watched for signs of a softening in the China-US trade war. The broad gains came despite more hefty selling in energy firms after another collapse in oil prices on Friday, while the pound was flat against the dollar after European Union […]
HONG KONG, China (AFP) — Asian markets mostly fell Tuesday with Hong Kong and Shanghai stocks sinking following a report that the White House is preparing to impose tariffs on all its Chinese imports, throwing the trade war back into the spotlight. The story added to skittishness across trading floors, where investors are already fretting over a number of issues including geopolitical tensions, rising US interest rates, slowing growth, Brexit and Italy’s budget standoff with […]
by Richard CARTER Agence France-Presse TOKYO, Japan (AFP) — Asian stock markets rallied Friday after two days of ferocious selling sparked by higher US interest rates, trade war fears and attacks by President Donald Trump on his “crazy” central bank. Tokyo closed near half a percentage point higher after a see-saw session that saw it open in the red but quickly pare losses. Elsewhere in Asia, China’s benchmark Shanghai Composite climbed by 0.5 percent after […]
by Christian OTTON Agence France Presse UNITED NATIONS, United States (AFP) — US President Donald Trump admitted his friendship with his Chinese counterpart Xi Jinping could be over on Wednesday as he accused Beijing of undermining his prospects in upcoming elections. With tensions growing sharply between the two sides on a range of issues, Trump said China wanted him to suffer an electoral setback as payback for his hard line over trade. After accusing the […]
HONG KONG, China (AFP) — Asian markets were mixed Tuesday following the latest tit-for-tat tariffs in the China-US trade row, while investors are now looking ahead to the Federal Reserve’s next policy meeting. While the levees had been widely expected, there are concerns about how long the spat will go on for after China canceled planned talks between the two sides and said negotiations “cannot be carried out under the threat of tariffs”. Fresh political […]
by Anne BEADE Agence France Presse TOKYO, Japan (AFP) — While the US takes aim at China, Canada and Mexico over perceived trade imbalances, Japan has kept a low profile, hoping Prime Minister Shinzo Abe’s friendship with golf buddy Donald Trump will keep Tokyo out of the firing line. But as Abe and Trump prepare to hold talks that will touch on trade frictions, there are signs Japan could be next in the US president’s […]
HONG KONG, China (AFP) — Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday. The billionaire owner of China’s largest online shopping portal made the headline-grabbing promise to Donald Trump last year, as Beijing courted the then-newly elected president. But Ma told Xinhua that his pledge had been made on the basis […]
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 […]
by Sebastian Smith Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump on Tuesday accused China of seeking to influence knife-edge midterm congressional elections by taking aim at his political base in the economic giants’ rapidly escalating trade war. The allegation raised the temperature in the escalating dispute after Trump pulled the trigger late Monday on 10 percent tariffs against another $200 billion in Chinese goods from next week, with a threat […]
