Asia Feels Chill From Sino-U.S. Tech Cold War 1

Asia Feels Chill From Sino-U.S. Tech Cold War

SYDNEY, May 23 (Reuters) – Asian stocks were stuck in debt on Thursday amid concerns the Sino-U.S. Late Wednesday, Reuters reported the U.S. Huawei-like sanctions on Chinese video surveillance firm Hikvision within the country’s treatment of its Uighur Muslim minority, relating to a person briefed on the problem. Week After the United States placed Huawei Technologies on a trade blacklist last, British chip developer ARM has halted relationships with Huawei in order to comply with the blockade. S&P warned in a particular report.

MSCI’s broadest index of Asia-Pacific stocks outside Japan eased 0.01% to hover just above a 16-week trough. Minutes of the U.S. Federal Reserve’s last meeting out on Wednesday underlined its readiness to show patience on plan “for some time” given the uncertain global outlook. The chance of an interest rate cut seemed to diminish as many Fed policy makers noticed recent weakness in inflation as “transitory”, though the latest escalation in the trade battle means markets remain wagering on an eventual easing.

There remains no end in sight to the trade dispute. Treasury Secretary Steven Mnuchin on Wednesday said it might be at least a month prior to the U.S. 300 billion in Chinese imports as it studies the impact on American consumers. British Prime Minister Theresa May came under intense pressure after her latest Brexit gambit backfired and fuelled demands her to quit. Prominent Brexit supporter Andrea Leadsom resigned from the government on Wednesday and British media reported May could declare her departure date as early as Friday.

  • Assets transported at revalued amounts under IAS 16 and IAS 38
  • From an economic point of view, India and China are relatively similar: Both are
  • 1Q = 02
  • Equity-financed lending activities,

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