NEW YORK (Reuters) – Asian markets will open mostly lower on Friday as China promised to retaliate against a US order to close one of its consulates, and US equity markets fell on bleak data about their market. labor. FILE PHOTO: A security guard wearing a face mask stands near …
Read More »Asian stocks fluctuate as investors weigh hopes of stimulus against Sino-US tensions
SHANGHAI (Reuters) – Asian stocks fluctuated on Thursday as investors weighed hopes of further stimulus to support pandemic-affected economies against a dramatic rise in tensions between the United States and China. FILE PHOTO: A security guard wearing a face mask stands near the Bund Financial Bull statue and a screen …
Read More »Coronavirus sends Australia to its biggest budget deficit in decades
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 …
Read More »GLOBAL MARKETS: Shares drop as closure of China’s consulate fuels Sino-US tensions
* MSCI Asia ex-Japan -0.3%; Nikkei futures drop 0.6% * Investors fear further escalation of tensions between the United States and China * A global stimulus is observed that provides structural support for risky assets – Saxo * Trump says closure of other consulates is possible * Asian Stock Markets: …
Read More »Asian stocks plummet as Chinese consulate closure fuels Sino-US tensions
SHANGHAI / NEW YORK (Reuters) – Asian stocks fell on Thursday as investor concerns over mounting tensions between Washington and Beijing outweighed hopes of further stimulus, after the United States ordered the closure of the Chinese consulate. in Houston amid allegations of espionage. FILE PHOTO: A security guard wearing a …
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