Asean markets up on trade deal hopes; Philippines leads


Southeast Asian stock markets ended higher on Tuesday, with Philippines leading gains, as hopes of a resolution in the long drawn US-China trade dispute revived investor spending.

SINGAPORE: Southeast Asian stock markets ended higher on Tuesday, with Philippines leading gains, as hopes of a resolution in the long drawn US-China trade dispute revived investor spending.

US President Donald Trump struck an optimistic tone on a trade deal with China on Monday, while White House adviser Larry Kudlow said tariffs on Chinese goods scheduled for December could be withdrawn if talks go well.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asean , HLFG , trade talks

   

Next In Business

Ringgit retreats vs US$ ahead of personal consumption expenditure reading
Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI opens lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
US stocks fall as weak GDP growth spreads rate-cut gloom
Oil settles higher on weak US GDP growth, supply concerns
AI memory boom propels SK Hynix’s numbers
Boeing CEO upbeat on cash goal, quality review

Others Also Read