Tokyo: Stocks fall on renewed US-China trade war fears

Singapore News News

Tokyo: Stocks fall on renewed US-China trade war fears
Singapore Latest News,Singapore Headlines
  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

[TOKYO] Tokyo stocks closed lower Monday on renewed fears of escalation in the US-China trade war and its impact on the global economy. Read more at The Business Times.

Tokyo stocks closed lower Monday on renewed fears of escalation in the US-China trade war and its impact on the global economy.[TOKYO] Tokyo stocks closed lower Monday on renewed fears of escalation in the US-China trade war and its impact on the global economy.

The benchmark Nikkei 225 index lost 0.41 per cent, or 84.18 points, to 20,620.19, while the broader Topix index was down 0.44 per cent, or 6.65 points, at 1,505.21. The United States and China imposing new tariffs on each other's exports on Sunday"overturned" last week's optimism on the trade talks, Masayuki Kubota, chief strategist at Rakuten Securities, said in a note.

"Fears of a global economic slowdown due to tit-for-tat sanctions are likely to continue for a while."Washington moved ahead Sunday with new tariffs on Chinese imports as it stepped up a high-pressure campaign aimed at coercing Beijing to sign a new trade deal.The additional tariffs affected a portion of the US$300 billion in goods from the Asian giant that so far had been spared.

Beijing said it will retaliate by targeting US$75 billion in US goods, beginning in part on September 1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTimes /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China, US kick off new round of tariffs in trade warChina, US kick off new round of tariffs in trade warChina and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, but U.S.
Read more »

China rebukes EU, US politicians for interfering on Hong KongChina rebukes EU, US politicians for interfering on Hong KongBEIJING (BLOOMBERG) - China accused some US and European politicians of interfering in its domestic affairs after they commented on Hong Kong demonstrations that were deemed as supportive of protesters.. Read more at straitstimes.com.
Read more »

China, US to collect additional tariffs on each other's goodsChina, US to collect additional tariffs on each other's goodsChina and the United States will begin imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war ...
Read more »

Bernie Sanders proposes cancelling US$81 billion US medical debtBernie Sanders proposes cancelling US$81 billion US medical debtU.S. presidential contender Bernie Sanders proposed a plan on Saturday to cancel US$81 billion in existing past-due medical debt for Americans, ...
Read more »

US, Taliban on 'threshold' of deal: US Afghan envoyUS, Taliban on 'threshold' of deal: US Afghan envoyUS and Taliban negotiators are 'at the threshold of an agreement' to end 18 years of conflict between them, Washington's top negotiator said Sunday as he concluded their latest talks. The foes have been meeting in Doha to conclude a deal under which the Taliban would give security guarantees
Read more »

Ghosn's lawyer says Tokyo prosecutor lacks impartialityGhosn's lawyer says Tokyo prosecutor lacks impartialityThe French lawyer of former auto titan Carlos Ghosn, currently under house arrest in Tokyo, has attacked Japanese prosecutors for an alleged lack of impartiality and questioned how his client can receive a fair trial. The former chief of both Renault and its Japanese partner Nissan is awaiting trial
Read more »



Render Time: 2025-02-19 06:19:15