A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.U.S. Treasury Secretary Janet Yellen touches down in Beijing on Thursday for a three-day visit just as trade tensions between the world's two superpowers ratchet up another notch, while a Malaysian interest rate dec
U.S. Treasury Secretary Janet Yellen touches down in Beijing on Thursday for a three-day visit just as trade tensions between the world's two superpowers ratchet up another notch, while a Malaysian interest rate decision tops the region's economic calendar.
Foxconn's results may help lift the gloom, after the firm on Wednesday forecast a brighter third quarter ahead of peak shopping season at the end of the year. But that is only relative to a near 14 per cent drop in Q2 revenue year-on-year. However well - or otherwise - Yellen's visit goes, there will be no quick fix. Former Vice Commerce Minister Wei Jianguo said the controls are"just a start".
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China adviser warns chipmaking export curbs are 'just a start', as Yellen visit loomsBEIJING/SHANGHAI: China's export controls on metals used in making semiconductors are 'just a start', an influential trade policy adviser said on Wednesday (Jul 5), as it ramps up a tech fight with the US d
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Yellen's China visit aims at 'new normal' with BeijingWASHINGTON: US Treasury Secretary Janet Yellen's first trip to China will focus on recalibrating ties between the world's two largest economies, as military communications remain frozen and Beijing's
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Putin reassures Asian allies of Russia's stability after mutinyMOSCOW: President Vladimir Putin told Asian leaders on Tuesday (Jul 4) that the Russian people were more united than ever, in his first appearance at an international forum since a short-lived mutiny last month. 'The Russian people are consolidated as never before,' Putin told a virtual meeting of the Shan
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Asian shares fall on growth concerns, focus shifts to Fed minutesSYDNEY : Asian shares fell on Wednesday after a slowdown in China's services activity dented sentiment and as markets turned their focus to the release of Federal Reserve minutes and a key U.S. jobs report later in the week.Market conditions were subdued following the Independence Day public holiday on Wa
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Morning Bid: China PMI eyed as US trade war rumblesA look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.The most important Asian economic indicator from a pretty packed calendar on Wednesday, and biggest potential market-mover, will be China's services purchasing managers index report for June, which comes amid the lat
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Commentary: China’s answer to Top Gun is a flat spinHardly the blockbuster to match the American movie starring Tom Cruise, Chinese film Born To Fly is more dreary vanity flight than rousing nationalist paean, says this independent international relations analyst.
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