Day: January 29, 2019
Asian shares stumbled on Tuesday and the dollar hovered near two-week lows as prospects for a long-awaited Sino-U.S. trade deal were dealt another blow after the United States leveled sweeping criminal charges against China’s telecom giant Huawei. Stocks S&P 500, Dow and Nasdaq were each off 0.2 percent. Shanghai’s SSE (LON:SSE) Composite was up 0.1 percent. Blue-chip […]
The yen strengthened versus its peers on Tuesday, as investors took refuge in safe-haven assets after the U.S. Justice Department charged China’s Huawei Technologies Co Ltd with fraud, ratcheting up U.S.-Sino trade tensions. The United States has filed criminal charges against Huawei, escalating its fight against the Chinese tech giant and potentially complicating efforts by […]
