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Stock impact report

Asia Markets: Asian markets fall as Trump offers no new trade-deal details [MarketWatch]

NEW WORLD DEV LTD S/ADR (NDVLY) 
NASDAQ:AMEX Investor Relations: nwd.com.hk/investor-relations
Company Research Source: MarketWatch
Asian markets fall as Trump offers no new trade-deal details Asian markets fell in early trading Wednesday after President Donald Trump offered no new details about progress toward a trade deal between the U.S. and China. In a speech in New York on Tuesday , Trump repeated his claim that a deal “could happen soon,” but added no specifics. Tariffs appear to be the sticking point, and Trump again threatened that “if we don’t make a deal, we’re going to substantially raise the tariffs.” Trump also raged against the Fed for not cutting rates as fast as he wanted, and touted U.S. economic data. Japan’s Nikkei NIK, -0.91% fell 0.8% and Hong Kong’s Hang Seng Index HSI, -1.76% slid 1.7%. The Shanghai Composite SHCOMP, -0.15% edged down 0.2% and the smaller-cap Shenzhen Composite 399106, +0.11% inched up 0.1%. South Korea’s Kospi 180721, -0.89% dipped 0.9% while benchmark indexes in Taiwan Y9999, -0.44% , Singapore STI, -0.61% and Indonesia JAKIDX, -0.29% declined. Aust Show less Read more
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