Asian stocks sink as US-China trade tensions spark technology rout

Investing.com-- Most Asian stocks fell on Thursday, with losses centered around technology and chipmaking shares as the threat of more U.S. restrictions on China ramped up concerns over a renewed trade war between the countries.

The Bloomberg report said that the U.S. is considering stricter trade restrictions on China if companies including Tokyo Electron and ASML Holding NV ADR , which is also considered a bellwether for the chip industry, clocked stronger-than-expected earnings on Wednesday, as it benefited from AI-fueled demand.fell 0.3%, retreating from record highs as a substantially stronger-than-expected reading on the labor market pushed up concerns over higher interest rates in the country.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asian stocks drift higher with China trade, inflation in focusAsian stocks drift higher with China trade, inflation in focus
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Asian stocks fall amid China-EU trade jitters; inflation in focusAsian stocks fall amid China-EU trade jitters; inflation in focus
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Asian stocks rise with Nikkei at record highs, China lags on trade fearsAsian stocks rise with Nikkei at record highs, China lags on trade fears
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Asian stocks dip as China trade risks persist; more rate cues awaitedAsian stocks dip as China trade risks persist; more rate cues awaited
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Asian stocks fall as Micron sparks tech losses, China data weighsAsian stocks fall as Micron sparks tech losses, China data weighs
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Morning Bid: Asian stocks at 2-year high; China, Indonesia set ratesMorning Bid: Asian stocks at 2-year high; China, Indonesia set rates
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »