European shares rose to fresh one-month highs and safe-haven assets like gold and the yen fell on Thursday after US-China talks were flagged for October, raising hopes their trade war will de-escalate before it further damages the world economy.
US trade negotiators return to China this week for a fresh round of talks in a new city, but experts warn a change of air is unlikely to quickly solve an impasse between the world's two biggest economies.
South Korea’s exposure to a stressed global manufacturing supply chain has knocked its currency — Asia’s most risk sensitive — to over two-year lows as investors use it as a proxy to bet on the economic costs of a protracted US-China trade war.
The US and China appear to be close to ending a tariff fight that hurt financial markets and dented economic activity worldwide, but that's not going to stop the slowdown already seen in the global economy, experts said on Monday.
Japan has cut its assessment of exports in January for the first time in three months due to the trade war between the US and China in a warning that the fallout is spreading to the world’s third-largest economy.
The United States and China swapped barbs over trade, investment and regional security at an Asia Pacific Economic Co-operation (APEC) summit on Saturday, as growing fault lines among members suggested little prospect of consensus at the weekend meeting.