Trade war, earnings remain in focus
DEVELOPMENTS in the US-China trade war and corporate earnings are set to continue to sway trading this week.
Global investors have been cheered in recent days by hopes of a first-phase deal that would include a tariff rollback, but subsequent comments from US President Donald Trump may reduce some of the optimism.
A successful first-phase deal will be a positive factor for sentiment and financial conditions, Bank of Singapore (BOS) strategists had said in a report early on Friday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife directors offer differing views on future oversight if board is rejigged
Tesla lays off more staff in software, service teams, Electrek reports
Robinhood Crypto gets Wells notice from US SEC
Morgan Stanley strategists see inflation as key for path of US stocks
US: Wall Street opens higher as rate-cut hopes linger
Tyson raises outlook as lower costs boost chicken segment