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 »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 …
Read More »Chinese military threat on the rise, warns Taiwan foreign minister
TAIPEI (Reuters) – China is stepping up military readiness to overtake Taiwan, the island’s foreign minister, Joseph Wu, said Wednesday after a recent surge in Chinese exercises near the island that Beijing considers its own. Taiwan Foreign Minister Joseph Wu speaks to the media during a press conference in Taipei, …
Read More »Tensions between the United States and China affected the actions; gold and silver soar
LONDON / SINGAPORE (Reuters) – The euro traded to an 18-month high on Wednesday as financial markets continued to bask in the glow of the EU funds recovery agreement, while a boom in precious metals led to recent gains in the silver at 20% and gold at a maximum of …
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