Most Asian markets traded higher on Monday morning as investors continue to watch developments on issues like the coronavirus pandemic. Shares in Taiwan led gains among the region’s major markets, as Taiex soared 2.69%, and Taiwan Semiconductor Manufacturing Company shares rose nearly 10%. South Korea’s Kospi also saw robust gains …
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The speech by United States Secretary of State Mike Pompeo criticizing China was an “angry regret” and an “extended ideological speech” that would do little to change Beijing’s behavior, said a former US diplomat in Asia. Specifically, Pompeo’s apparent attempt to unite the Chinese people against the Communist Party of …
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Australia announced Thursday that its budget deficit is expected to widen significantly as it fights a coronavirus outbreak that ended the economy’s nearly three-decade streak of growth, one of the longest in any country in the world. The country’s budget deficit is forecast to widen significantly to A $ 85.8 …
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There will be little progress on the phase one trade deal before the U.S. presidential election in November, former U.S. Ambassador to China Max Baucus said Tuesday. President Donald Trump signed the partial trade agreement with Beijing in January, but the coronavirus pandemic since then has affected China’s economy. There …
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