Asia Markets: Asian markets gain as investors weigh latest economic data [MarketWatch]
PetroChina Company Limited (PTR)
US:NYSE Investor Relations:
petrochina.com.cn/ptr/tzzgx/tzzgx.shtml
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Source: MarketWatch
Asian markets gain as investors weigh latest economic data Asian markets were generally higher in early trading Monday, as investors continued to digest recent economic data. On Sunday, a new report showed China’s trade with the U.S dropped sharply in August, as new tariffs by both sides were announced. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data showed Sunday. Exports to the United States, China’s biggest market, sank 16% to $44.4 billion. More tariffs went into effect on Sept. 1, and the next round of tariffs on Chinese goods is scheduled to take effect Oct. 15. Last week, the U.S. and China said they have agreed to renew trade negotiations in early October. On Monday, the Japanese government released revised economic growth data for the April-June quarter. The Cabinet Office said gross domestic product, or GDP — the total value of a nation’s goods and services — had grown at an annual rate of 1.3% . That was slightly lower than
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