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Asian markets wobble as US, China trade jibes over trade

Asian shares wobbled Monday after U.S. and Chinese officials traded jibes in their widening clash over trade and technology. WT24 Desk Asian shares wobbled Monday after U.S. and Chinese officials traded jibes in their widening clash over trade and technology, AP reports. China’s Shanghai Composite lost 0.3% to 2,890.08 after surveys showed a deteriorating manufacturing outlook in May. Japan’s Nikkei ...

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China blames US for trade dispute, ‘unacceptable demands’

WT24 Desk Beijing — China issued a report Sunday blaming the United States for a trade dispute and said it won’t back down on “major issues of principle”, AP reports. The statement from the Cabinet spokesman’s office said that China has kept its word throughout 11 rounds of talks and will honor its commitments if a trade agreement is reached. ...

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Stock markets slump as trade war tensions spike

WT24 Desk NEW YORK – Global stocks tumbled Friday, with investors fleeing equities for safe-haven assets following the latest salvos on international trade. With US President Donald Trump announcing new tariffs on all Mexicanimports and China warning it would create a list of “unreliable” foreigncompanies, investors piled into low-risk assets, sending the yield on 10-yearGerman government bonds to a record ...

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Sensex rallies 300 points in early trade, Nifty crosses 12,000 mark

After hitting a high of 40,119.81, the 30-share index was trading 271.12 points, or 0.68 per cent, higher at 40,103.09. WT24 Desk The benchmark BSE Sensex reclaimed the 40,000 mark, rallying nearly 300 points in early trade Friday led by gains in banking and IT stocks amid positive domestic cues and strong foreign fund inflow, PTI reports. After hitting a ...

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Asian stocks mostly fall on Wall Street slide, trade fears

WT24 Desk Tokyo — Asian shares were mostly lower Thursday after another round of selling on Wall Street amid investor worries about a trade war, AP reports. Japan’s benchmark Nikkei 225 dropped 0.4% to 20,913.68. Australia’s S&P/ASX 200 slipped 0.8% to 6,385.60. South Korea’s Kospi edged up 0.5% to 2,032.49. Hong Kong’s Hang Seng was down 0.5% at 27,092.83, while ...

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Asian stocks retreat as China-US jitters set in

WT24 Desk Singapore — Asian shares slipped Wednesday on expectations that a trade dispute between China and the United States would simmer and possibly weigh on growth, AP reports. With a lull in economic releases closer to home, investors digested President Donald Trump’s comments that the country was “not ready” for a trade deal with China. Trump spoke to reporters ...

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Sensex rises over 100 pts; Nifty above 11,900

Market mood has been euphoric since the BJP-led National Democratic Alliance won the general elections. WT24 Desk Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade on Tuesday amid positive domestic and global cues and unabated foreign fund inflow, PTI reports. The 30-share index was trading 98.04 points, or 0.25 per cent, higher at 39,781.33. Similarly, the ...

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Asian stocks rise after gains in Europe

WT24 Desk HONG KONG – Asian markets pushed higher Tuesday, following up on a positive performance by European shares overnight as investors breathed a sigh of relief over populists’ failure to take over the European parliament after weekend elections, AFP reports. Although voters shifted allegiances in the EU elections on Sunday, the above-average turnout did not translate to a populist ...

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Sensex jumps over 100 points in early trade, Nifty nears 11,900

The market is witnessing a board-based rally expecting better outlook for the economy in the next one-two quarter, experts said. WT24 Desk The benchmark BSE Sensex jumped over 100 points in early trade Monday driven by gains in banking stocks amid unabated foreign fund inflow, PTI reports. The 30-share index was trading 128.27 points, or 0.33 per cent, higher at ...

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