By 7:45am , ASX futures were up 41 points or 0.6 per cent.AUD: 67.24 US cents, 55.06 British pence, 61.27 euro cents, 72.26 Japanese yen, $NZ1.07Europe: FTSE 100 +0.3pc at 7,167, DAX +1pc at 12,094, CAC +0.8pc at 5,499, Euro Stoxx 50 +0.8pc at 3,459
"You don't want to ignore headlines," said Michael Lorizio, senior fixed income trader at Manulife Investment Management. The excitement of Wall Street investors reached fever pitch after Bloomberg reported that Beijing was open to making a"small" deal and buying more US farming products ahead of its high-level trade talks with the Trump administration in Washington this week.
That was particularly the case given Beijing is not willing to concede major sticking points including the protection of intellectual property and a pullback in government subsidies for state firms.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX to fall as as hopes for US-China trade talks diminishAustralian shares are expected to fall sharply in early trade as hopes for a breakthrough in US-China trade talks continue to fade. There is no hope stop using fake narratives
Source: abcnews - 🏆 5. / 83 Read more »
US restricts visas to China officials over Uighur 'repression'The US has imposed visa restrictions on Chinese government and Communist Party officials it believes responsible for the detention or abuse of Muslim minorities in Xinjiang province.
Source: SBSNews - 🏆 3. / 89 Read more »
Taiwan fears China's 'authoritarian' threat could turn the Pacific into another South China SeaAfter losing two more diplomatic allies to China, Taiwan's foreign minister Joseph Wu fears to witness a second South China Sea in the Pacific. its a strategic move to cut off foreign ties with many countries or at least downgrade it China is looking for dominance like Japan b4 WW2 Japan had less than 100mils China has got 1.4bils they need more fish n oil at sea so they want to be top dog in d Pacific
Source: abcnews - 🏆 5. / 83 Read more »
It has become ‘bad for business’ to criticise China | Sky News AustraliaSky News host Andrew Bolt says it has become a “pathetic” trend among companies and governments alike, primarily in the West, to not criticise China because it has become “bad for business”. \n\nMr Bolt said the 'West' is “part of the problem”, and has become “too weak, too dozy and too greedy to stand up to this fast-growing menace”.\n\n“The dictator in Beijing must be laughing….as President Xi Jinping crushes all dissent and flexes China's power,” he said. \n\nMr Bolt was critical towards the Australian government for not responding by providing “the kind of armed forces we need… as the defence minister admits that China and technology are not waiting for Australia”.\n\nImage: Getty I guess FauxMo is not anti globalism like he'd like his followers to believe. Andrew himself is at times pathetic,,he should be on whinging radio,,just as bad for doing nothing!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
China slams Apple's decision to allow police tracking app for Hong Kong protestersChinese media lashes out at Apple Inc over an app that tracks the movement of police around Hong Kong. It is pointless blocking apps that have simple functionality that can be webpage based. China is just a big stupid bully. But it's ok for China to spy on all its citizen. Cry me a fucking river Good job Apple 👍 HongKongProtesters
Source: abcnews - 🏆 5. / 83 Read more »
‘No country has done more with emissions reduction policy than us’ | Sky News AustraliaSky News host Chris Kenny has taken a swipe at ex-Prime Minister Malcolm Turnbull, dismissing his “sneering” on the Morrison government’s climate policy as something you would expect from “the left side of politics”. \n\n“Turnbull mocks these people [the Conservative Party] suggesting they don't know Edmund Burke from Tony Burke, this is the sneering we expect from the left side of politics, you know, our opponents aren't as smart as us,” Mr Kenny said.\n\n“Turnbull says their actions have thwarted climate and energy policy, leading to higher prices and higher emissions.”\n\nMr Kenny then rounded on the former PM, pointing out that he lost his leadership of the Liberal Party twice over climate change policy, adding that “there is not a country on the planet that has done more on emissions reduction policy at greater cost to its constituents and its economy.\n\n“There just isn't. The activists and leftists are yet to counter or refute that critical point.”\n\nImage: News Corp Australia Nobody with an IQ over 3 gives a flying fruitloop what Kenny thinks or says. Second worse labour leader after Shorten. Diatribe, like the lock out Laws, get rid of people figures look good, privatise energy & close down base load power the figures look good, however at the same time tourism & retail mini plutocracies decline, & the necessity for a Nation struggling to develop increases poverty,,
Source: SkyNewsAust - 🏆 7. / 78 Read more »