Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
NEW YORK, United States (AFP) — Wall Street stocks paused Tuesday in record range on rising hopes over US-China trade talks as US services sector data topped expectations. The Dow mustered a narrow record for a second day in a row, while the S&P 500 fell slightly and the Nasdaq was flat. Hopes that the United States and China will soon seal “phase one” of a trade agreement got another push Tuesday following a Wall […]
HONG KONG, China (AFP) — Asian shares were mostly up Tuesday as investors watched key US-China trade talks aimed at averting punitive tariffs which could slow the global economy, and a weak yen boosted exporters. Markets were also lifted by a tentative deal to avert a new government shutdown. Initial trade talks are under way in Beijing, and top-level negotiations are set for Thursday and Friday, as the deadline looms for a deal to prevent […]
HONG KONG, China (AFP) — Asian markets mostly rose Tuesday with a little more optimism in the air than in recent weeks as China and the US hold trade talks and the Federal Reserve flags a more dovish stance. Wall Street provided another positive lead, extending Friday’s surge, with Chinese monetary easing at the weekend adding to the buying sentiment. Focus is now on Beijing, where Chinese and American officials were holding a second day […]
HONG KONG, China (AFP) — Asian markets rallied Monday after a blockbuster performance on Wall Street as US jobs data beat forecasts and the head of the Federal Reserve hinted at a slower pace of interest rate hikes. China’s move to make it easier for banks to lend also provided support to equities, while investors keep an eye on Beijing as negotiators begin talks to end a trade war between the world’s top two economies. […]
NEW YORK, United States (AFP) — Global stocks were mixed Tuesday as the White House sent conflicting messages about the likelihood of a trade deal with China at this week’s G-20 summit. Markets in Europe and Asia finished mostly lower after US President Donald Trump on Monday appeared to dismiss the idea of agreement with Beijing at the Group of 20 leaders’ meeting. But the more upbeat comments on Tuesday from White House economic advisor […]
PORT MORESBY, Papua New Guinea (AFP) — The leader of Papua New Guinea, host of this year’s APEC summit, Friday urged respect for international trade rules by “countries large and small” as spats between the US and China threatened to overshadow the gathering. As leaders from Asian Pacific nations prepared to fly in to Port Moresby for their annual meeting, Prime Minister Peter O’Neill appeared to call his guests to order on damaging trade rows. […]
HONG KONG, China (AFP) — Asian markets opened higher Friday after a positive lead from Wall Street and Europe, with investors cautiously optimistic about upcoming US-China trade talks. Negotiators from Washington and Beijing will meet later this month in the first publicly announced meeting in weeks on their bitter trade dispute, which has seen both sides impose reciprocal tariffs on goods worth $34 billion. The news helped global markets regain composure after several days of […]
