Asian stocks fall while the United States accuses China of meddling in elections
Asian stocks fall while the United States accuses China of meddling in elections
Asian markets were mostly lower on Friday after US Vice President Mike Pence claimed China he had meddled with his middle term choiceTo destabilize the Trump administration, which Beijing has denied.
KEEPING THE MARKER: JapanThe Nikkei 225 benchmark fell 0.8 percent to 23,783.72, and the Kospi in South Korea It fell 0.3 percent to 2,267.51. The Hang Seng of Hong Kong fell 0.1 percent to 26,596.21. AustraliaThe S & P / ASX 200 gained 0.2 percent to 6,185.50. Shares fell in Taiwan, Singapore and Indonesia. The markets in the Chinese continent were closed for a national holiday.
WALL STREET: A massive sale of US Treasury bonds, particularly those with a longer term, sent much higher interest rates on Thursday. Fears that higher interest rates may eventually slow economic growth by making loans more expensive weigh heavily on major US indices. The S & P 500 index dropped 0.8 percent to 2,901.61, and the Dow Jones Industrial Average lost 0.7 percent to 26,627.48. The Nasdaq compound fell 1.8 percent to 7,879.51. The Russell 2000 index of shares of smaller companies was 1.5 percent lower at 1,646.91.
MEASUREMENT IN CHINA: The Vice President of the USA. UU., Mike Pence, accused China of taking public and secret measures to interfere in the next midterm elections in the US. UU This includes directing Chinese tariffs to industries in the states that are crucial to Trump, intimidating academics and forcing American companies to speak out against the Trump administration, he said. Chinese Foreign Ministry spokeswoman Hua Chunying said Pence's accusations were "unfounded."
ALLEGED CHIP HACK: Shares in Lenovo Group and ZTE Corp. collapsed in Hong Kong after Bloomberg reported that China had inserted small chips into servers and computer equipment manufactured for the United States to steal its technology secrets, citing corporate and government sources . Apple and Amazon dismissed the report. Lenovo said that Super Micro was not a provider "in any capacity." But its shares fell to 20 percent on Friday, recovering part of that to finish with 16 percent. ZTE was out of 11 percent.
ANALYST TAKE: "The feelings of risk remain fragile, especially with overnight news about China's small chip and the harsh words of US Vice President Mike Pence about China's alleged interference in politics. from the USA, "said Selena Ling, chief economist at OCBC Bank.
ENERGY: US benchmark crude added 51 cents to $ 74.84 per barrel in electronic transactions on the New York Mercantile Exchange. The contract lost 2.7 percent to reach $ 74.33 per barrel in New York. Brent crude, used to quote international oils, rose 47 cents to $ 85.05 per barrel. It dropped 2 percent to $ 84.58 per barrel in London.
COINS: The dollar fell to 113.85 yen from 113.86 yen. The euro fell to $ 1.1513 from $ 1.1515.
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SOURCE LINK ERESVIRAL.COM https://www.beviral.online
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