SYDNEY (Reuters) - Asian shares extended their losses on Monday as a sharp escalation in the Sino-U.S. trade war kept finiancial markets on edge, while the Japanese yen and bonds held near recent peaks as nervous investors stuck with perceived safe havens.
TOKYO (Reuters) - Oil prices fell on Monday amid concerns about weaker crude demand after U.S. President Donald Trump said he would impose tariffs on more Chinese imports, potentially ramping up a trade war between the world’s two largest economies.
TOKYO (Reuters) - Global stocks took another beating on Friday with investors piling into safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.
TOKYO (Reuters) - The Japanese yen hit a more-than-one month high against the dollar and multi-year peaks against antipodean currencies on Friday after U.S. President Donald Trump broke a truce in the Sino-U.S. trade war, bolstering demand for safe-havens.
TOKYO (Reuters) - Oil prices rose around 1% on Friday, steadying after an overnight plunge following U.S. President Donald Trump’s move to impose more tariffs on Chinese imports, intensifying a trade war that has hit global growth.
TOKYO (Reuters) - The dollar rose to a two-year peak against the euro and jumped to a two-month high versus the yen on Thursday as U.S. Federal Reserve Chairman Jerome Powell ruled out a lengthy easing cycle after delivering the first rate cut since the financial crisis.