Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world's two biggest economies dulled risk appetite.
SYDNEY - Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world’s two biggest economies dulled risk appetite.
Japan’s Nikkei jumped 1.5% after the Nikkei newspaper reported the country was considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic.“Nevertheless, focus is likely to be on China’s National People’s Congress, as discussions of political and economic policies continue,” ANZ analysts wrote in a note.
The proposal drew the ire of Hong Kong residents who defied social distancing rules and protested on streets while the United States warned Beijing’s move could lead to U.S. sanctions. The two superpowers have also clashed over Hong Kong, human rights, trade and U.S. support for Chinese-claimed Taiwan.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
This Asian Sauce Start-Up Is My New Shortcut to Quick and Flavorful MealsThai larb, a Vietnamese BBQ, and Filipino Sisig sauces so good I'd like gallon jars of each.
Lire la suite »
Citigroup, HSBC, and other Asian banks accelerate digital upgrades amid the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Lire la suite »
China records no new coronavirus cases for the first time since the pandemic beganChina recorded no new coronavirus cases on Friday — the country's first clear day since the respiratory illness emerged in the city of Wuhan late last year.
Lire la suite »
America’s latest salvo against Huawei is aimed at chipmaking in ChinaGeographic complexity has made it hard for America's government to stop chipmakers' kit from reaching Huawei—hence the new focus on chipmaking tools
Lire la suite »
China has betrayed Hong Kong, former HK governor saysChina has betrayed the people of Hong Kong so the West should stop kowtowing to Beijing for an illusory great pot of gold, said Chris Patten, the last governor of the former British colony.
Lire la suite »
Virus cases drop to zero in China but surge in Latin AmericaTOKYO (AP) — The coronavirus pandemic continued to drop in much of Asia on Saturday even as the outbreak surged in Latin America, as the world grappled with balancing the urge to restart economies...
Lire la suite »