Asia markets rise as dealers nervously await start of trade talks | Malay Mail

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HONG KONG, Oct 10 — Asian markets rose today but investors moved cautiously as they sifted through conflicting reports about the outlook for upcoming China-US trade talks. Global investors have been broadly upbeat in recent weeks that the meeting in Washington between top-level representatives...

Thursday, 10 Oct 2019 12:54 PM MYT

Global investors have been broadly upbeat in recent weeks that the meeting in Washington between top-level representatives would see at least some progress. Tensions were already showing this week after the US unveiled restrictions on 28 Chinese entities over human rights violations in Xinjiang province and imposed visa restrictions on some officials, while a report said the White House was considering curtailing US investment in the country.

On regional markets Shanghai and Hong Kong each rose 0.4 per cent while Tokyo went into the break 0.5 per cent higher. Sydney and Singapore each added 0.1 per cent, with Manila and Jakarta also higher.In foreign exchanges, the dollar was lower against most other currencies after minutes from the Federal Reserve’s September policy meeting showed it was growing concerned about the impact of Trump’s trade war.

 

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Amid acrimony and low expectations, US-China trade talks to resume | Malay MailWASHINGTON, Oct 10 — As they prepared to return to the negotiating table today, top Chinese trade officials faced a blitz of aggressive US maneuvers, with expectations for a grand bargain between both sides approaching zero. President Donald Trump — who has taken the global economy on a...
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