Day: May 16, 2019

May 16
Asian shares slip as U.S. sanctions on Huawei threaten fresh tensions with China

Asian shares struggled to find their footing on Thursday as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain Sino-U.S. trade ties. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]