STI picks up on rise in Asian equities
Straits Times Index snaps a string of losses this week to finish 0.4 per cent higher, or 11.34 points, at 3,054.53
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
ASIAN stocks rose on Thursday, buoyed by signs that China and the United States are taking the first steps to de-escalate their bitter trade dispute.
Beijing on Wednesday had sent a response to US demands for trade reform, as both countries resumed informal discussions ahead of a meeting between leaders of both countries.
The move could signal formal negotiations between the two superpowers in a trade war of attrition which so far has involved everything from soya beans to aluminium.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
