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Economy

Eurozone bond yields fall

LONDON: Eurozone bond yields fell yesterday after US President Donald Trump threatened China with further tariffs if it fails to sign a trade deal, casting a shadow over the optimism that has hurt bond markets in recent weeks.Trump, on Tuesday, dangled the prospect of completing an initial trade deal with China “soon, ” but offered no new details on negotiations.

Business

Uptrend intact on mild consolidation

REVIEW: The bullish vibes from the trade truce struck between Washington and Beijing helped to reinforce the local market’s current uptrend.Global equities experienced a lift at the start of the week’s trading in the wake of the US promise to suspend further tariffs on Chinese goods while easing restrictions on Huawei.

Business

Technology sector downgraded to ‘neutral’ on dim second-half outlook

PETALING JAYA: The technology sector has been downgraded to “neutral” from “overweight” in view of a series of setbacks, mainly arising from the US-China trade tensions.