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Markets shrug as more shots fired in tariffs war

REVIEW: The confirmation that US President Donald Trump was moving ahead with tariffs on US$200bil of Chinese imports was bound to make waves on the global markets.

Bursa closes higher for third straight day, Chinese markets rally

KUALA LUMPUR: Bursa Malaysia saw third consecutive day of gains as it was lifted by a rally in global stocks following a change in sentiment over the current state of the world's economy.

Local equity extends gains on mounting optimism

KUALA LUMPUR: Bursa Malaysia extended its gains in a broad-based rally as confidence grew that countermeasures to cushion the impact of the trade war would offset the negatives.

Meituan up 5% on debut in positive signal for HK IPOs

Counter is valued at US$55bil after strong first-day showing

Meituan’s stock market performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and previous multi-billion dollar IPOs that have struggled to hold above their issue price, such as smartphone maker Xiaomi and China Tower.

Bursa ends higher as most Asian markets hold steady

KUALA LUMPUR: Asian markets held firmly to gains from the previous session as optimism grew following the announcement of the tariffs exchange in the Sino-US trade conflict.

Bursa gets lift from regional sentiment, banks

KUALA LUMPUR: Asian stocks had another good session on Wednesday as investors pinned their hopes that Chinese stimulus measures would help to cushion the impact of the tariffs conflict.

Spectre of new US tariffs

Analysts expect worsening trade war to cause slowdown in the global and emerging nations economy too.

“The negative effects may not be seen immediately, perhaps by end-2018 or beginning next year. But, the risks have elevated not only for the United States and China, but also globally.  “For Malaysia, the gross domestic product (GDP) growth in 2019 is likely to be slower than this year, on the back of worsening trade hostilities between the United States and China,” Socio Economic Research Centre executive director Lee Heng Guie told StarBiz yesterday

Bursa dips as regional markets retrace earlier losses


KUALA LUMPUR: Bursa Malaysia was put off by the announcement of the new US trade tariffs but avoided larger losses as other Asian markets shrugged off the negative news.

Asian shares slugged by new US tariff threat

SYDNEY: Most Asian share markets slid on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.

Asian shares tripped up by new U.S. tariff threat (Update)

SYDNEY: Most Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1 percent, snapping three straight sessions of gains.  Shanghai blue chips fell 0.8 percent, while the Hang Seng shed 0.9 percent. EMini futures for the S&P 500 were off 0.2 percent.  U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters.

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