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Asia markets trade mixed as US-China talks end with no breakthrough [CNBC]

KOREA ELECTRIC POWER (KEP)  More Company Research Source: CNBC
PDF Akio Kon | Bloomberg | Getty Images Visitors look at screens displaying stock indices at the Tokyo Stock Exchange in Tokyo, Japan, on Tuesday, July 24, 2018. Asia markets traded mixed on Friday as investors reacted to an escalating trade war between the U.S. and China , a shakeup in leadership in Australia and inflation data from Japan . Australia's ASX 200 rose 0.34 percent in afternoon trade following news that the country's treasurer, Scott Morrison, will become the new prime minister after incumbent Malcolm Turnbull was ousted. Morrison won a three-way battle for the Liberal Party leadership, beating former Home Affairs Minister Peter Dutton and Foreign Minister Julie Bishop. The Australian dollar rose from an earlier low of $0.7235 to around $0.7285 at 1:21 p.m. HK/SIN, but it was lower than levels above $0.7350 that it had reached earlier in the week. Analysts attributed the recent moves in the Aussie dollar to the [Read more]

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