Asian Markets Mixed As U.S.-China Trade Tensions Weigh
Thursday, 16 May 2019 () Asian stock markets are mixed on Thursday despite the positive cues overnight from Wall Street after media reports indicated U.S. President Donald Trump plans to delay imposing the auto tariffs by up to six months. Worries about U.S.-China trade tensions continued to weigh on investor sentiment on news that Trump has signed an executive order that is seen as targeting Chinese tech giant Huawei.
According to Reuters, the top markets on Wall Street plunged as trade tensions between Washington and Beijing intensify. A week after President Donald Trump threatened to impose additional tariffs on Chinese goods, China's finance ministry levied $60 billion of additional tariffs on US goods. By the...
As China ramps up the trade battle rhetoric, businesses in the import/export hub of Zhengzhou are feeling the pain of ongoing tensions with the U.S. - where, as Pascale Davies reports, the likelihood..
Asian stock markets, led by China and Hong Kong, closed mostly lower on Friday despite the overnight gains on Wall Street for a third straight session amid... RTTNews Also reported by •Seattle Times •Newsday •Reuters
Investors bet most Asian currencies will come under further pressure, a Reuters poll showed, with trade tensions between the United States and China firmly... Reuters India Also reported by •RTTNews •Newsday