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Hong Kong Stocks Fall as US-China Tensions Flare up Again
9 Articles
9 Articles
Continental China's squares remain closed for festivities
Stocks Fall on Weak Manufacturing and Trade Risks: Markets Wrap
Wall Street investors parsing economic data, trade and geopolitical news sent stocks wavering. Bonds fell as the dollar headed toward its lowest since 2023. Among policymakers scheduled to speak was Federal Reserve Chair Jerome Powell, who didn’t comment on the rate outlook.
Hong Kong Leans Into Headwinds - China Last Night
Key News Asian equities were lower following President Trump’s threat to increase steel and aluminum tariffs to 50% on June 4th, last week’s escalation of US rhetoric on trade, semiconductors, technology, and international students. US Defense Secretary Hegseth’s speech at the Shangri-La Dialogue in Singapore (with Chinese government officials in the room, though their defense chief didn’t attend) was overshadowed by concerns about an escalation…
WALL STREET.— Global stocks began the new month under pressure due to a resurgence of trade tensions and geopolitical uncertainty, which weakened the appetite for risk among investors. S&P 500’s futures fell by 0.6%. European and Asian stock exchanges also retreated. The dollar dropped by 0.5%, widening its run of consecutive monthly losses to five. Treasury bond yields went up the entire curve, with the 10-year rate increasing four basic points…
Macau Business
terradaily.comMost stocks fall as Trump fires fresh volley in trade war
Stocks mostly sank with the dollar on Monday after Donald Trump last week lobbed a fresh trade missile by doubling tariffs on steel and aluminium and accused China of violating last month’s agreement to slash tit-for-tat levies. The US president’s comments were followed by claims by his commerce secretary that Beijing had been slow to implement the deal, which helped rally markets last month and fanned hopes for a lasting detente between the wor…
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