TOKYO - US stock futures tumbled and the safe haven yen and the Swiss franc gained in early Asian trade on Thursday after a media report that the United States and China had made no progress in deputy-level trade talks earlier in the week.
S&P500 mini futures slumped 1.1 per cent and Chicago-traded futures imply a fall of 0.4 per cent for Japan's Nikkei . The Chinese yuan dropped 0.4 per cent in offshore trade to 7.1685 per dollar, touching its lowest level in five weeks. Chinese government officials told Reuters that Beijing has lowered expectations for significant progress from this week's trade talks with the United States, upset by the blacklisting of Chinese companies.
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.
US indexes tumble as visa restrictions fuel US-China trade worriesNEW YORK (REUTERS) - US stocks ended down sharply and near the day's lows on Tuesday (Oct 8) as news that the United States has imposed visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell suggesting openness to further interest rate cuts.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China plans to restrict visas for U.S. visitors with 'anti-China' linksChina is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals, as relations between the countries sour. China's Ministry of Public Security has for months been That the tit for that. USA should learn, they are no more the best. The whole country is in a mess.7
Source: YahooSG - 🏆 3. / 71 Read more »
China plans to restrict visas for US visitors with 'anti-China' linksSINGAPORE: China is planning tighter visa restrictions for US nationals with ties to anti-China groups, people with knowledge of the proposed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US visa move against China casts pall over talks to end trade warThe United States said on Tuesday it had imposed visa restrictions on Chinese officials for the detention or abuse of Muslim minorities, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hopes for a deal dim as US-China trade talks get underway in tense atmosphereProspects for progress in US-China trade talks dimmed on Monday after Washington blacklisted Chinese companies over Beijing's treatment of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says there is a 'really good chance' of US-China trade dealPresident Donald Trump said on Wednesday there was a very good chance that the United States and China will reach a trade agreement.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »