Chinese shares, however, bucked the bearish trend, with the CSI300 index rising 1.1% despite the trade row escalation. Providing some tailwind to mainland markets was a pledge by China's State Council to boost support for the economy.
TOKYO: Global stock prices fell on Monday after the United States and China imposed new tariffs on each other's goods, reinforcing investors' worries over slowing global growth, with no clear end in sight for the trade war.
The E-mini futures for US S&P500 fell as much as 1.06% in early trade and last stood down 0.39% while U.S. Treasuries futures prices rose a tad.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
