Asian shares fell on Tuesday as weak economic indicators and an intensifying Sin...
SHANGHAI - Asian shares fell on Tuesday as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds.
Investor focus has shifted to monetary policy this week with Australia’s central bank cutting its cash rate to a record low on Tuesday, and India tipped to ease on Thursday. The ECB holds its next policy meeting on Thursday and is expected to keep settings unchanged though there is growing speculation it could shift to a more dovish footing.
Defying the regional selloff, Australian shares finished 0.19% higher, boosted by the Reserve Bank of Australia’s decision to cut its cash rate to 1.25%, a record low, in what could be the first in a series of stimulus measures.Underscoring slowdown concerns, a factory survey on Monday showed U.S. manufacturing growth eased in May to its weakest pace in more than two-and-a-half years, defying expectations for a modest rebound.
News of U.S. government plans to investigate the tech giants dragged down tech shares on Monday, driving the Nasdaq 1.61% lower to 7,333.02. The drop took the index more than 10% lower than its May 3 closing record.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Asian shares fall as weak data inflames growth fearsAsian shares fell on Tuesday, following a volatile Wall Street session as weak e...
Consulte Mais informação »
U.S. stock futures, oil slide as trade wars stoke global recession fearsU.S. stock futures, Asian share markets and oil prices slipped to multi-month lo...
Consulte Mais informação »
U.S.-China tensions dominate gathering of Asian defense leadersChina’s defense minister on Sunday rejected U.S. allegations of aggressive behavior in Asia and vowed Beijing would take military action to defend its claims over Taiwan and the contested South China Sea.
Consulte Mais informação »
Asian stocks retreat as China-US jitters set inU.S. stocks fell broadly Tuesday as anxious investors shifted money into bonds, sending yields to their lowest level in nearly two years.
Consulte Mais informação »
Asian shares falter, bonds rally on global risk aversionAsian shares sank on Wednesday and bonds rallied as investor sentiment soured ov...
Consulte Mais informação »
35 Actors That Made People Say, 'FINALLY, Someone Who Looks Like Me!''It's very inspiring to hear others' stories and the different ways we relate to seeing others on screen.'
Consulte Mais informação »
Asian shares edge up but growth worries cap gainsShares in Asia inched higher and safe-haven assets gave up some overnight gains ...
Consulte Mais informação »
A Facebook group for Asian creatives made an Ariana Grande parody possibleThe parody mocks Grande’s misspelled tattoo, which was supposed to read “7 rings” in Japanese characters, but instead reads “small barbecue grill.” - NBCAsianAmerica
Consulte Mais informação »
From sky farms to lab-grown shrimp, Singapore eyes food futureSingapore produces about 10% of its food but as climate change and population growth threatens global food supplies, it aims to raise that to 30% by 2030 under a plan known as ‘30-by-30’. The challenge is space. More: via geddiejdk edgarpix
Consulte Mais informação »