TOKYO: Global stocks tumbled and the safe haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks.
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.31per cent while Japan's Nikkei slip 0.11per cent. Without significant progress, Trump is set to hike the tariff rate on US$250 billion worth of Chinese goods to 30per cent from 25per cent next Tuesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks fall by the most in a week as US-China standoff escalatesAsian stocks fell the most in a week on Wednesday as the United States and China's ever-expanding dispute over trade and foreign policy showed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asian stocks swoon on signs of prolonged US-China standoffAsian stocks fell the most in a week on Wednesday as the United States and China's broadening dispute over trade and foreign policy showed little ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea: Stocks rise over 1% on Samsung's profit outlook; trade talks eyed[SEOUL] South Korean shares climbed on Tuesday, boosted by Samsung Electronics after it forecast better-than-expected profit, easing fears over the country's exports, ahead of high-level Sino-US trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
European stocks recover on US-China trade deal talks optimismLONDON: European stock markets rebounded on Wednesday (Oct 9), helped by reports that China would accept a partial trade deal with the US in key ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks gain ahead of trade talksNEW YORK: Wall Street stocks shrugged off two weak sessions and won solid gains on Wednesday (Oct 9) on more upbeat sentiment ahead of key ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »