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Asian stocks drop, yuan slides as trade war escalates

  • 📰 BusinessTimes
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[SYDNEY] Stocks in Asia fell with US equity futures, while the yen and Treasuries climbed, after trade talks ended without a resolution and China said the US must remove all extra tariffs. The yuan retreated. Read more at The Business Times.

[SYDNEY] Stocks in Asia fell with US equity futures, while the yen and Treasuries climbed, after trade talks ended without a resolution and China said the US must remove all extra tariffs. The yuan retreated.

"At the moment the market is being relatively sanguine on this breakdown in negotiations," Eleanor Creagh, Sydney-based Australia market strategist at Saxo Capital Markets, said on Bloomberg TV.

 

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