China wants tariffs imposed by U.S. President Donald Trump to be removed but has not made the agricultural purchases the United States wants because swine flu has decimated its pork industry and eliminated the need for U.S. soybeans.
NEW YORK: World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third quarter, adding to concerns about the U.S.-China trade war's impact on global growth.
MSCI'S All-Country World index, which tracks the performance of equity markets in 47 countries, slid 0.11% while gold prices rose, moving further away from a three-month low hit on Tuesday.
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!
