Friday 13 December 2019
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wn.com - 29 days ago

Asian markets mixed after Wall Street high

BEIJING (AP) — Asian stock markets were mixed Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve’s chairman said it is likely to leave its benchmark interest rate unchanged. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Investors were wary after The Wall Street Journal reported Chinese negotiators were reluctant to commit to the size of purchases of U.S. farm goods in an interim agreement aimed at ending a tariff war. President Donald Trump said last month Beijing would buy up to $50 billion of soybeans and other American farm goods. Chinese officials have never confirmed that. Investors are cautions “seemingly on the lack of...


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