Thursday, 1 October 2020

Tag Archives: Asian markets

Asian markets tumble as Wall St tech rout spreads

HONG KONG: Technology and energy firms were among the big losers as Asian investors ran for the exit Wednesday following another rout on Wall Street, with vaccine and post-Brexit trade deal fears adding to the perfect storm. US traders returned from a long weekend to resume the selling that sent ...

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Asian Markets In Retreat On Trade Uncertainty

HONG KONG: Asian markets sank again as investors grow increasingly pessimistic about the outlook for China-US trade talks, while a closely watched recession indicator hit a level not seen since just before the financial crisis. The pound remained under pressure after Prime Minister Boris Johnson forced an extended suspension of ...

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Asian markets turn lower, pound holds up against dollar

HONG KONG: Asian markets edged down as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall Street was closed for a holiday investors are keeping tabs ...

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Asian markets build on trade optimism, pound faces pressure

HONG KONG: Asian markets enjoyed more gains as investors are cheered by the more conciliatory noises from China and the US on trade, while uncertainty over Brexit continued to pressure the pound. While the tariffs row between Beijing and Washington is far from being resolved, there is a lot more ...

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Asian markets bounce back on US-China trade talks

HONG KONG: Asian markets opened higher 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 ...

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Asian markets rise as China and US agree to avert trade war

BEIJING: Asian markets rallied Monday and the dollar extended gains after the US and China said they had agreed to hold off imposing tariffs, averting a potentially damaging trade war . After high-level talks in Washington the two economic superpowers revealed a deal had been hammered out, ending months of ...

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