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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ China buys mostly weak Asian markets

China buys mostly weak Asian markets



Shares were basically lower in Asia on Tuesday, departing from Monday's rally, triggered by news that President Donald Trump pushed the deadline for increasing tariffs on imports from China to give time for more negotiations.

However, after a report in the Hong Kong newspaper South China Morning Post, it was reported that Wang Zhaoxing, deputy chairman of the Banking Management Board, said that the risks of a steep rise in debt were limited

SHCOMP, -0.67%

added 0.4% while the Nikkei 225 index in Japan

NIK, -0.37%

lost 0.4%. Hang Seng Index in Hong Kong

HSI, -0.74%

declined by 0.6%. South Korea

SEU, -0.27%

declined by 0.2%. Taiwan Base Index

Y9999, + 0.01%

was flat, whereas Singapore

STI, -0.35%

stocks fell.

Australian ASX 200

XJO, -0.94%

declined by 0.9%, as oil prices and other commodities were hit by energy companies such as Santos

STO, -2.55%

and oil search

OSH, -1.19%

.

Among the individual stocks, the producer of Inpex oil

1605, -3.84%

fell in Tokyo trade, and Mitsubishi UFJ

8306, -0.27%

and Hitachi

6501, -0.80%

also declined. AAC

2018, -13.79%

plunged into Hong Kong

0883, -2.16%

after Apple

AAPL, + 0.73%

The supplier warned that net profit in the first quarter could fall by 75%. CNOOC and Galaxy Entertainment

0027, -2.11%

also declined. Samsung

005930, -1.27%

and SK Hynix

000660, -0.27%

slipped in Korea.

Overnight, the stocks closed modestly higher after they lost most of the return on the early stock caused by the Trump administration's decision to stop increasing the $ 200 billion fine imposed on Chinese imports on March 2. it prevents the escalation of a damaging trade war between the two largest economies in the world. Fighting US complaints that Beijing is stealing technology or pressure on the company to pass it on.

But many questions remain about the prospect of an agreement that would unleash tariffs already spread by the two sides to billions of dollars each other. Tramp's controversial comments on the state of negotiations add to uncertainty, said Mr Jingyi of the IG.

"As such, we continue to consider trade issues through a non-transparent screen and make an assumption from the shadow of President Donald Trump. , – Pan said in comments.

S & P 500 Index

SPX, + 0.12%

was added 0.1% to 2,796.11. Dow Jones Industrial Indicator

DJIA, + 0.23%

purchased 0.2% to 26,091.95, and Nasdaq Composite

COMP, + 0.36%

increased by 0.4% to 7,554.46. Russell's 2000 Index

RUT, -0.08%

The smaller companies decreased by 0.1% to 1 588.81.

In other places of Asia, South Korea Kospi

SEU, -0.27%

decreased by 0.3%, and Sensex in India

1, -0.31%

decreased by 0.6% against the backdrop of growing tension with Pakistan. Shares were lower in Southeast Asia

A Pakistani military spokesman tweeted that Indian planes moved to Pakistan, and then "released a payload in a hurry," but said that there were no victims. The Indian side did not have an immediate comment [US19659002]. crude oil

CLJ9, -0.36%

gave up 32 cents to $ 55.16 a barrel in electronic commerce at the New York Mercantile Exchange. She lost 3.1 percent to pay at $ 55.48 a barrel in New York after Trump criticized the rise in oil prices in the early morning. Brent Oil

LCOJ9, -0.05%

decreased by 4 cents to $ 64.72 per barrel.

USDJPY, -0.25%

declined to 110.83 yen from 111.04 yen on Monday. The

EURUSD, -0.0440%

strengthened to $ 1,1376 from $ 1,1356.

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