Asian stocks swoon on signs of prolonged US-China standoff

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

TOKYO - Asian 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 sign of coming to an end, weighing on global economic growth.

– Asian 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 sign of coming to an end, weighing on global economic growth.

Oil prices extended declines as US visa restrictions on Chinese officials and the addition of more Chinese companies to a US trade blacklist weighed on already slim hopes that Washington and Beijing could reach a truce at trade negotiations this week. US stock futures rose 0.22% in Asia, but sentiment was weak after the S&P 500 ended 1.56% lower on Tuesday in response to the US visa restrictions.

The US moves cast a pall over US-China trade talks in Washington, where deputy negotiators met for a second day to prepare for the first minister-level meetings in more than two months on Thursday and Friday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 25. in US

United States United States Latest News, United States United States Headlines