Asia markets rise on talk Biden to roll back some China tariffs

The Straits Times LogoThe Straits Times1 mo ago

Asia markets rise on talk Biden to roll back some China tariffs

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July 05, 2022 11:20 AM - Most Asian markets rose on growing speculation US President Joe Biden is about to roll back some of the Trump-era tariffs on Chinese goods.

"A demand recovery in China could potentially offset weakness in developed economies as central banks tighten monetary policy".

Japan's Nikkei index was up 0.8 per cent at the midday break while Hong Kong's Hang Seng gained 0.3 per cent and South Korea's Kospi index rose 1.1 per cent.

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Article Details

Category: Economy

Topics: Reports China Markets Index Months Inflation Tariffs Rose Cent Biden Industrial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-05, 11:20:05

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 4 minutes read

Article Length: 678 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 30357

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About The Straits Times

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Main Topics: Economy

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Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #25

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