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Wednesday, October 23, 2019

Tag: US-China trade talks

Ringgit opens slightly lower against US dollar

At 9.05am, the ringgit stood at 4.1930 against the greenback from yesterday’s close of 4.1910.

China dismisses Trump agri purchase claim, says honouring pledges

Beijing offered tariff breaks on US agricultural products to some importers in another goodwill gesture to the US during the short-lived trade truce.

Chinese companies relocating operations to Malaysia amid trade war

It comes amid a global trade dispute intensified by recent US tariffs slapped onto Chinese imports.

US could decide on licenses for companies to sell to Huawei...

The licensing decisions would give much-needed clarity to American companies that do business with Huawei.

Bursa Malaysia opens flat

It is not good news as Bursa Malaysia's index opened 6.03 points weaker at 1,626.77 as trade talks between the United States and China continue to add on uncertainty to the global economy.

Worst Yuan drop since 2016 catches options traders off guard

'Investors will remain bearish on the yuan, as they reprice in trade-war risks because the new developments are a reversal of previous positive progress.'

US-China trade talks nearing decisive moment, says official

US Treasury Secretary is trying to finalise a deal that President Donald Trump has demanded to repair what he calls an unfair and unbalanced relationship.

Wall Street gains on US-China trade optimism

The benchmark S&P is now just about 4% away from its record closing high in September.

Trump is said to push for China deal with market gains...

Donald Trump is hoping for success after the Hanoi summit ended in failure and is thus, turning his attention to US stock market performance.

US, China said near deal that could end most US tariffs

Sources say Chinese officials want US levies on Chinese goods removed to finalise any deal.

US said to ready final China trade deal as hawks urge...

Plans for a US-China summit in mid-March are made complicated by Xi Jinping's tight schedule.

US, China are said to discuss chicken as trade talks progress

China wants to ship chicken-made products to the US in return for reopening its market for American poultry.

Oil edges up to US$65 as Opec seen rebuffing Trump pressure

US sanctions against Opec members Iran and Venezuela have also contributed to the gains.

China stocks fall as some doubt strong rally can last

Trading turnover totalled 1.07 trillion yuan (US$160 billion), exceeding Monday's 1.04 trillion yuan - the highest level in more than 3 years.

Trump: ‘Signing summit’ with Xi for US-China deal possible soon

High-level US and Chinese negotiators met in Washington through the weekend, working toward a deal that would end a tit-for-tat tariff battle that began in mid-2018.

Oil holds near 3-month high as US extends truce with China

Oil has rallied about 26% this year as production curbs by Opec and its allies eased concerns over a supply glut.

Gold gains as dollar sags against yuan on China tariffs delay

Gold prices will be firmly supported as economic uncertainties and geopolitical risks increase, say analysts.

US to delay China tariff increase, says Trump

The 7-month-old trade war has rattled global markets and prompted stark warnings about the risks to the world economy.

Gold prices rise on trade talk optimism, Fed stance limits gains

The dollar index against a basket of six major currencies is set to decline about 0.3% this week, which could be its biggest weekly fall in a month.

US, China haggle over toughest issues in trade war talks

The 2 sides are starting to sketch out an agreement on structural issues, drafting language for six memorandums of understanding on proposed Chinese reforms.

Oil extends gains after muted increase in US crude stockpiles

Opec+'s production cuts have successfully removed oversupply and driven up oil prices.

US, China said to work on multiple memorandums for trade deal

The MoUs cover areas including agriculture, non-tariff barriers, services, technology transfer and intellectual property.

Tokyo stocks close higher for third straight session

Tokyo shares open higher after Wall Street stocks scrape out narrow gains on strong Walmart earnings and continued optimism over the trade talks.

US said to seek stable yuan as China trade talks progress

Pledge of yuan stability has been discussed in US-China talks and both sides have agreed it will be in the final deal.