Category: Stock Market
Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. Late Wednesday, Reuters reported the U.S. administration was considering Huawei-like sanctions on Chinese video surveillance firm Hikvision over the country’s […]
Asian stocks struggled for traction on Wednesday, as relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about an intensifying trade war between the world’s two largest economies. Asian Stocks In opening European trade, the pan-region Euro Stoxx 50 futures were down 0.03%. Germany’s DAX futures were up 0.01% and […]
Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.35%. Japan’s Nikkei fell 0.4%. The blue-chip CSI300 index rose 1.0%. In New York, […]
Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America. Asian Shares Australian shares underpinned the market’s firmer mood, jumping 1.7%. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.6%. […]
Asian shares were trying to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered a respite from the interminable Sino-U.S. trade saga. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]
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 […]
Asian stocks bounced from a 3-1/2-month low on Wednesday as a slight softening in rhetoric from U.S. President Donald Trump helped ease worries about the U.S.-China tariff war and on expectations Beijing could release more economic stimulus. Asian Stocks “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is […]
U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate. Asian Shares Investors are bracing for threatened “countermeasures” from China in retaliation for Washington’s tariff increase on Friday […]
Asian shares staggered up from five-week lows on Tuesday but remained fragile after U.S. President Donald Trump’s latest threat to raise tariffs on Chinese goods shocked financial markets and fueled worries that trade talks may be derailed. Asian Shares Trump tweeted on Sunday that he would raise tariffs on $200 billion worth of Chinese goods […]
Asian shares tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.9 percent. Chinese blue-chips lost more […]