Price History of Dollar Hits One-Week High on Trade Truce
Price history of dollar reaches one-week high as trade truce spurs dampening safe-haven assets. Click here now! – Wibest Broker
Asian stocks trading
Asian Shares Weaken, Gold Advances on Trump-Xi Conflict
On Friday, Asian shares slipped. Meanwhile, markets became more uncertain whether the highly anticipated meeting between US President Donald Trump and Chinese President Xi Jinping could result to better trade relations. Signs of rising risks to global growth came out with uncertainty over whether the talks will result into progress in ending the year-long trade …
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Huawei silently Launches 5G Lab in Korea
HUAWEI – Huawei silently launched its first fifth-generation (5G) service development center in South Korea. This comes amid the still-looming US-China trade war. This comes after the United States banned Huawei, which is also the world’s biggest telecom equipment maker. The banning of Huawei in the US puts it effectively trapped between two fighting economic …
United States and China To Divide Tech World
United States and China’s trade war can develop into two different sets of technologies. Click here for more! – Wibest Broker
Huawei Suspended from Google’s Business following Trump’s Blacklist
HUAWEI – On Sunday, news reports broadcasted the suspension of Google’s business with Huawei, such as transferring hardware, software and technical services, as the Chinese technology company was attacked by the U.S. government and warned to be blacklisted around the world. On the flip side, services that involve open-source licensing are unrestrained. A Google spokesperson …
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Huawei Struggles as Trump Declare National Emergency
On Wednesday, President Donald Trump announced a national emergency. The declaration is due to threats of China against American technology. And this will affect Huawei’s business transactions in the U.S. The move was made via executive order. After that, Commerce Secretary Wilbur Ross, with a consultation with other top officials, received the approval to stop …
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Trump Tariff Threat Sends Asian Market into Disarray
ASIAN MARKET – U.S President Donald Trump on Sunday threatened to increase tariffs on $200 billion worth of Chinese goods from current 10% to 25% by Friday a further $325 billion “shortly.” The tweet comes days ahead of the final round of U.S-China trade talks on Wednesday when the Chinese delegation is expected to jet …
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Huawei, Apple not in Talks over 5G Chipsets
HUAWEI – On Tuesday, Rotating Chairman Ken Hu said one of the world’s biggest smartphone makers known as Huawei Technologies haven’t had discussions with Apple with regards to providing them with 5G chipsets. At the headquarters of Huawei in Shenzhen, Southern China, Hu made a remark, while the company’s annual globe analyst summit was held. …
Stock Exchanges: Stocks Reach 9-Month High
STOCK EXCHANGES – On Monday, while strong Chinese export and bank loan data enhanced the confidence in the global economy and hopes on the US-China trade talks are approaching a final lap, Asian shares nearly kicked its highest within 9 months. Risk appetite has also been boosted, helping the dollar gain against major currencies. Since …
Asian Market: Asian Stocks Advance
ASIAN MARKET- On Tuesday, after the rally on the previous day, Asian markets strengthened in the morning trade. Both China’s Shanghai Composite and Shenzhen Component strengthened 0.2% on trading. At the same time, Hong Kong’s Hang Seng Index rose 0.1%. After poll’s displayed the country’s manufacturing activity unexpectedly rebounded in March, almost 3% of Chinese stocks ascended on Monday. …
Share Market News: Stocks Tumble on Another Brexit Vote
SHARE MARKET NEWS – Asian stock markets weakened on Wednesday on the pessimistic mood prevailing among markets as the British pound waited for yet another crucial parliamentary vote on Brexit. Sentiment has been dominantly risk-off after British lawmakers trampled Prime Minister Theresa May’s European Union separation deal. The decision compelled the parliament to decide within …
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Asian Market: Stocks Higher after MSCI Announcement
ASIAN MARKET – Asian stocks were higher on Friday after index publisher MSCI announcement which said it would increase the weighting of Chinese mainland shares in its benchmarks that measure stock performances globally. Meanwhile, the dollar benefited from robust economic data. The MSCI index said that it would increase four times the weightings of China’s …
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Asian Market: China Stocks Rise after Trump Tariff Delay
ASIAN MARKET – Asian stocks experienced a China-led rise on Monday after US President Donald Trump announced that he would delay planned hikes in tariffs on Chinese imports. Negotiations between the two economic superpowers have made “substantial progress,” Trump said. Last Sunday, Trump tweeted announced that he would delay the scheduled tariff hikes supposed to …
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Huawei gains more against Samsung & Apple’s market as price difference matters
According to the latest research, China’s Huawei gains more share of the smartphone market against Samsung and Apple. Consumers turn to Huawei phones since Samsung and Apple’s premium models are with high price. A tech research firm – Gartner release a market data report on Thursday. The report reveals Huawei shares on smartphone market increases …
Huawei gains more against Samsung & Apple’s market as price difference matters Read More »
JP Morgan Chase: Asian Shares Up, Risk Down
Traders and investors to expect “best” profit from Asian stocks as negative views subside in the first half of 2019. Mixo Das, Asia equity strategist at J.P. Morgan says, “We’re expecting more upside in the first half … I think the best part of the returns you’ll have in Asian equities will be in the …
