SYDNEY - Asian shares were stuck in the red on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war between the world’s two largest economies.
After the United States placed Huawei Technologies on a trade blacklist last week, British chip designer ARM has halted relations with Huawei in order to comply with the blockade. The chance of a rate cut seemed to diminish as many Fed policy makers saw recent weakness in inflation as “transitory”, though the latest escalation in the trade war means markets are still wagering on an eventual easing.
The mood on Wall Street was cautious with the Dow ending Wednesday down 0.39%, while the S&P 500 lost 0.28% and the Nasdaq 0.45%. Prominent Brexit supporter Andrea Leadsom resigned from the government on Wednesday and British media reported May could announce her departure date as early as Friday.
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First In Asia: Marriage Equality Comes To TaiwanJust days after Taiwan's legislature passed a bill legalizing same-sex marriage for the 1st time anywhere in Asia, the tiny island nation is about to register the 1st gay and lesbian weddings in its history Shame on humans!! Here in Zimbabwe we said No to this Nonsense. Even our former President Robert Mugabe despite his wrongs, we regarded him highly for taking this stance (read story about Sodom and Gomorah) Is there any real news?
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Asia markets slide amid US-China trade jittersTreasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution to the U.S.-China trade war. China needs to make more Fleshlight ! adammoretto1 ❗️ Fight bears or not ? Global bears surely need trade war.
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Oil traders try to ship dirty Russian crude to AsiaTrading companies Vitol and Unipec are sending around 700,000 tonnes of contamin... Dirty Russian Crude. Kinda says it all. 'Dirty' how?
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Taiwan approves same-sex marriage in first for AsiaTaiwan's parliament legalised same-sex marriage on Friday in a landmark first for Asia as the government survived a last-minute attempt by conservatives to pass watered-down legislation. Lawmakers comfortably passed a bill allowing same-sex couples to form 'exclusive permanent unions'
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Taiwan becomes first in Asia to legalize same-sex marriageTaiwan’s legislature voted Friday to legalize same-sex marriage, a first in Asia and a boost for LGBT rights activists who had championed the cause for two...
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