China Market Update: Semiconductor Stocks Soar, Tariff Deadline Extended (Again)

China Market Update: Semiconductor Stocks Soar, Tariff Deadline Extended (Again)

Asian equities were mostly higher overnight on the US’ decision to extend the tariff “deadline” once again (shocking), as Indonesia and Japan outperformed, while Korea and Thailand underperformed.

Trump extends tariff deadline for China by three months

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U.S., China extend tariff deadline

Reciprocal duties between the U.S. and China are suspended until Nov. 10.

Semiconductor Stocks Soar, Tariff Deadline Extended (Again) - China Last Night

Key News Asian equities were mostly higher overnight on the US’ decision to extend the tariff “deadline” once again (shocking), as Indonesia and Japan outperformed, while Korea and Thailand underperformed. Hong Kong and Mainland markets were both higher overnight, though the Hang Seng Tech Index closed lower by the end of the session on mixed performance from internet name, though technology hardware names largely did well. Alibaba’s Hong Kong-l…

Oil gains as China, US extend pause on higher tariffs

Brent crude futures gained 14 cents, or 0.2%, to $66.77 a barrel, while U.S. West Texas Intermediate crude futures rose 8 cents, or 0.1%, to $64.04 Oil prices rose on Tuesday as China and the US extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and crimp fuel demand in the world’s two biggest oil consumers. Brent crude futures added 14 cents, or 0.2%, to $66.77 a barrel by 0643 GMT…

Oil Steadies as US, China Announce Tariff Extension - Energy News, Top Headlines, Commentaries, Features & Events

Summary U.S., China extend tariff pause to November Eyes on U.S. inflation data due later on Tuesday Trump-Putin talks on Friday cloud oil outlook (Reuters) – Oil prices were broadly steady on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would hit ...