Market Pulse - Asia
Beijing bites back at Trump with tariffs on $16bn of goods
China hit back at looming US tariffs on Wednesday, with the country's commerce ministry in Beijing announcing its intention to impose 25% import duties targeting $16bn-worth of US goods.
Asia report: Markets mixed as US confirms next round of China tariffs
Markets in Asia finished in a mixed state on Wednesday, as Chinese markets fell after a solid rebound on Tuesday amid ongoing reactions to global trade tensions, largely instigated by Washington.
Asia report: Solid rebound sends most markets higher
Markets in Asia were mostly higher on Tuesday, as investors reacted to a strong session on Wall Street overnight and seemingly shrugging off the latest trade concerns in the ongoing war of tariffs between Washington and Beijing.
China FX reserves indicate PBoC keeping powder dry
China's foreign exchange reserves increased last month, suggesting the People’s Bank of China was holding back from using its funds to help support the falling yuan.
Asia report: Markets finish mixed as traders react to China tariff news
Markets in Asia finished their sessions in a mixed state on Monday, with an early surge tempered by a reaction to reports China was preparing a new round of tariffs on US goods in an ongoing trans-Pacific trade spat.
Asia report: Markets mixed as trade tensions tighten
Markets in Asia finished in a mixed state on Friday, as investors continued to weigh up trade concerns amid ongoing tension between Washington and Beijing.
Asia report: Markets lower as White House tariff talk heats up
Markets in Asia finished lower on Thursday, taking their lead from a mixed finish on Wall Street overnight as concerns about a trans-Pacific trade war stepped up a notch.
Huawei jumps ahead of Apple in smartphone sales
Huawei has claimed the second position in smartphone shipments in the second quarter, jumping ahead of the Apple iPhones and just behind Samsung even though the Chinese manufacturer is not offered by major US carriers.
Asia report: Markets mixed as Washington and Beijing continue to talk trade
Markets in Asia finished in a mixed state on Wednesday, as investors sifted through the latest developments in the ongoing trade dispute between Washington and Beijing.
US administration ratchets up pressure on China, proposes 25% tariff on $250bn-worth of exports
America has ratcheted up the pressure on China even as representatives for the US Secretary of the Treasury and Chinese vice-premier Liu He are reportedly holding contacts aimed at trying to restart trade talks.