TOKYO - Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a US presidential impeachment bid ebbed.
Lifting investor mood, Trump said a deal to end a nearly 15-month trade war with China"could happen sooner" that people think, which would remove a huge shadow over the global economic outlook. "It feels like the markets are looking to rally. It seems the markets haven't caught on to the fact these headlines about trade bounce around from one day to the next."
Analysts tempered their optimism over a resolution to the trade war because Trump's public comments often send mixed signals. Dallas Federal Reserve President Robert Kaplan said the odds of a recession in the next 12 months are relatively low, another reason for investors to shift more money into equities.
Source: News Formal (newsformal.com)
Singtel edges out Grab in attracting deposits as digital banks: CGS-CIMB
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:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia-Pacific's new climate reality: China Daily contributorIn the article, the writer says that Asia-Pacific can make a start by increasing social protection in the face of natural disasters.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Asia stocks rattled as Trump impeachment bid raises new risksTOKYO (REUTERS) - Asian stocks fell on Wednesday (Sept 25) after US lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world's largest economy.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Trump warns China over trade and Hong KongUNITED NATIONS: US President Donald Trump put China on notice at the United Nations on Tuesday (Sep 24) over its handling of the Hong Kong crisis, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says trade deal with China could happen sooner than people thinkU.S. President Donald Trump said on Wednesday that a deal to end a nearly 15-month trade war with China could happen sooner than people think and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks gain as Trump more upbeat on China talksNEW YORK: Wall Street stocks rose on Wednesday (Sep 25) following upbeat comments from Donald Trump on China trade talks as investors largely ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stocks gain as Trump more upbeat on China talksNEW YORK (AFP) - Wall Street stocks rose on Wednesday (Sept 25) following upbeat comments from Donald Trump on China trade talks as investors largely shrugged off the just-announced impeachment investigation of the US president.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »