Singapore stocks: STI resumes Wednesday afternoon down 0.3% at 3,340.21

US-CHINA trade talks may be underway, but US President Donald Trump's comments on trade kept expectations of progress between the two economies at bay ahead of the Federal Reserve’s anticipated rate cut.

Elsewhere in the Asia-Pacific, shares in Australia, China, Hong Kong, Japan, Malaysia and South Korea were all trading lower. Across the market, decliners were slightly ahead of advancers 158 to 148. The benchmark index had 23 of the STI's 30 components trading in the red. The local banks were mixed. DBS Group Holdings was S$0.22 or 0.8 per cent higher at S$26.71. Meanwhile, United Overseas Bank was flat at S$26.80 and OCBC Bank dipped S$0.03 or 0.3 per cent to S$11.68.

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Trade jitters running high at US companies ahead of new US-China talksNEW YORK (REUTERS) - Worries about the US-China trade war are running high during the current US quarterly reporting season, with companies as diverse as Juniper Networks and O'Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm.. Read more at straitstimes.com.
La source: The Straits Times - 🏆 8. / 63 Lire la suite »

Trade jitters running high at US companies ahead of new US-China talksWorries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »