Asian stocks bounce in relief as Trump delays China tariffs [Reuters]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
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Source: Reuters
Asian stocks bounce in relief as Trump delays China tariffs - Reuters 5 Min Read TOKYO (Reuters) - Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. The tariff news largely offset a raft of disappointing China data for July. The yen JPY= rose on the news about weak China's industrial production and other data. Wall Street stocks soared overnight as U.S. President Donald Trump backed off his Sept. 1 deadline for 10% tariffs on the remaining Chinese imports, delaying duties on cellphones, laptops and other consumer goods in the hopes of blunting their impact on U.S. holiday sales. The surge in U.S. stocks lifted MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS by 0.9%. The Shanghai Composite Index .SSEC advanced 0.6% while Hong Kong's Hang Seng .HSI , which has been hurt by disruptions from large anti-government prote
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MUFG
Sec Filings
- 3/27/24 - Form 6-K
- 3/7/24 - Form 6-K
- 3/1/24 - Form 6-K
- MUFG's page on the SEC website