August 11, 2020

Asian markets extend gains with eyes on trade talks, stimulus

Hong Kong (AFP) – Asian markets extended gains Tuesday as concerns about the China-US trade pact eased, while investors remain optimistic US lawmakers will eventually hammer out a new stimulus for the crippled economy despite talks struggling.There was also some relief that China did not include any members of Donald Trump’s administration in a group of 11 Americans hit with sanctions in retaliation to a similar US move last week linked to the Hong Kong row.And while Europe battles a worrying pick-up in cases after weeks of lockdown easing, there are signs the virus is slowing in major states …


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