Tokyo stocks open lower amid US-China tensions | Malay Mail

The benchmark Nikkei 225 index fell 1.12 per cent or 255.66 points to 22,495.95 in early trade while the broader Topix index lost 1.04 per cent or 16.29 points to 1,556.67. — Reuters pic

The benchmark Nikkei 225 index fell 1.12 per cent or 255.66 points to 22,495.95 in early trade while the broader Topix index lost 1.04 per cent or 16.29 points to 1,556.67. “There are concerns that the US-China conflict could intensify further via a chain of retaliatory measures,” he said in a note, adding resurging coronavirus cases in some US states also weighed on sentiment.

China ordered the closure of the American consulate in Chengdu in retaliation for the United States shuttering Beijing’s diplomatic mission in Houston.

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Gold hits record high as US-China ties worsen, Asia stocks helped by tech | Malay MailTOKYO, July 27 — Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe haven assets, although sentiment was mixed with tech gains supporting some Asian stocks. MSCI’s ex-Japan Asia-Pacific index rose...
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Global stocks on defensive as US-China tensions spook investors | Malay MailTOKYO, July 27 — US stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United States fanned worries about worsening diplomatic ties between the world’s two largest economies. S&P500 futures dropped 0.2 per cent...
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