Breaking News

You are here » Indian-Commodity  :  International & World Stock  :  Asian markets trade mostly in green in early deals

20-Aug2018

Asian markets trade mostly in green in early deals

Asian markets are trading mostly in the green in early deals on Monday tracking the firm cues from Wall Street on optimism that U.S.-China trade talks will resolve their escalating trade dispute. The US Trade Representative's office said on Friday it doubled the length of tariff hearings on the next $200 billion worth of Chinese goods to six days from the previously planned three due to overwhelming demand from companies to testify. The hearings will be held August 20-24 and on August 27. However, the Japanese market is trading modestly in red terrain in choppy trade as a stronger yen dragged exporters' shares lower. On the economic front, Japan will provide July data for convenience store sales later in the day.

Straits Times increased 7.59 points or 0.24% to 3,217.03, Jakarta Composite soared 93.12 points or 1.58% to 5,876.92, Hang Seng surged 244.25 points or 0.89% to 27,457.66, KOSPI added 0.08 points to 2,247.13 and Shanghai Composite was up by 2.96 points or 0.11% to 2,671.93.

On the flip side, Nikkei 225 decreased 64.05 points or 0.29% to 22,206.33 and Taiwan Weighted was down by 1.22 points or 0.01% to 10,689.74.


Related News

View all news

US markets end higher after Fed releases minutes

The US markets ended higher on Wednesday after the minutes of the latest Federal Reserve meeting, which provided further insight into the central bank's decision to change the forward guidance language......

US markets end marginally higher on Tuesday

The US markets ended marginally higher on Tuesday as another round of US-China trade talks began in Washington. President Donald Trump said the US-China trade talks are going very well and once again hinted......

US markets end significantly higher on optimism about US-China trade talks

The US markets ended significantly higher on Friday amid increasing hopes for a US-China trade deal. As per the report, officials from both the US and China will continue trade talks next week in Washington,......

Top News

View all news

Syndicate Bank enters into partnership with Srei Equipment Finance

Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......

Tata Motors to supply 80 Electric buses to West Bengal Transport Corporation

Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......

BEL signs teaming agreement with Hughes India for Helicopter Satcom Solutions

Bharat Electronics (BEL) and Hughes India have entered into a Teaming Agreement for design, development, supply, installation, integration and commissioning of Satellite Communication solutions for helicopters......