Virus fears and US-China tensions weigh on Asian stocks

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Even an unexpected rebound in China’s economy failed to calm the markets

Pedestrians walk past an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan. Picture: REUTERS/KIM KYUNG-HOON

MSCI’s broadest index of Asia-Pacific shares outside Japan slid by 0.83%, while Tokyo’s Nikkei fell 0.49%. US S&P 500 e-mini stock futures declined by 0.33%. Risk appetite took a hit due to worries about a wide-ranging dispute between the US and China over the control of advanced technologies and the protection of civil liberties in Hong Kong.

“However, the downside is limited due to very low interest rates and a brighter outlook for China’s economy.” US secretary of state Mike Pompeo on Wednesday said Washington would impose visa restrictions on Chinese firms such as Huawei Technologies that he accused of facilitating human-rights violations. President Donald Trump’s administration is also expected to take action in coming weeks to address perceived security risks posed by TikTok and WeChat, two popular Chinese mobile apps, a White House official said on Wednesday.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

World stocks fall on US-China tension and Covid-19 lockdownsTension grew between the US and China after the US rejected China’s disputed claims to offshore resources in most of the South China Sea
La source: BDliveSA - 🏆 12. / 63 Lire la suite »