China Markets Whipsaw as Trump Keeps Traders Guessing on Tariffs [Yahoo! Finance]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Most Read from Bloomberg How Sanctuary Cities Are Preparing for Another Showdown With Trump Texas HOA Charged With Discrimination for Banning Section 8 Renters What LA's Fires Mean for the City's Housing Shortage NYC Commuters Get New Way to Dodge Traffic: $95 Helicopter Rides Deadly Landslide of Garbage Displays Uganda's Missed Opportunity What seemed like a risk-on day quickly turned less so as the US president threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, while stopping short of detailing actions against China. Trump declined to say when he would impose additional levies on the Asian nation and said he would be having “meetings and calls” with President Xi Jinping. The Hang Seng China Enterprises Index briefly erased all gains before rebounding 0.7% as of 10:04 a.m. local time. The CSI 300 Index, a benchmark for mainland shares, pared most of its 0.6% rise. The offshore yuan weakened 0.3% against the dollar, retreating after a more than 1% rall
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News
- Ayub: Risk Assets Supported by Fed Easing Cycle [Yahoo! Finance]Yahoo! Finance
- Lion Global Investors Unveils First Insured Physical Gold Fund Vaulted in Singapore, Strengthening the Nation's Role as a Leading Gold HubPR Newswire
- Dollar perky, yen looks peaky as U.S. rate cut bets fade [CNBC]CNBC
- Yen slumps, dollar jumps as rate cut bets recede [CNBC]CNBC
- Oversea-Chinese Banking (OTCMKTS:OVCHY) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat