A- A A+
Last Updated : May 27 2020 8:10PM     Screen Reader Access
News Highlights
Congress weakening fight against COVID 19 pandemic says Law Minister Ravi shankar Prasad            Compulsory Hotel quarantine period for Indians, returning from abroad, reduced to 7 days from 14 days; Centre asks states to ensure refund of extra charges            ICMR ramps up testing, gives approval to 624 laboratories across India approved till now to conduct Covid-19 tests            Air Force operationalises 2nd Squadron of indigenous Combat Aircraft-Tejas            New areas inundated in Assam due to incessant rains; Several rivers flowing above danger level           

Business News

May 14, 2019
1:07PM

Asian shares fall to three-and-a-half month low

@Reuters
Asian shares fell to a three-and-a-half month low amid US-China trade war. 

Chinese markets that were pummeled in early trade trimmed losses amid signs of state support. 

The losses were contained after conciliatory comments from U.S. President Donald Trump. 

Both the Shanghai Composite and the blue-chip CSI300 opened down one per cent, but recovered some of these losses. 

Australian shares lost 0.9 per cent while Japan’s Nikkei stock index slid 0.8 per cent, touching its lowest since mid-February.

Earlier, Donald Trump said he is holding fire on taxing the remaining 325 billion Dollars of Chinese goods. He also announced that he will meet with Chinese President Xi Jinping next month. 

His comments came after China announced yesterday higher tariffs on 60 billion Dollars of U.S. goods, effective 1st of June. The measure is in retaliation for Washington’s decision last week to hike its own levies on 200 billion Dollar in Chinese imports.

Meanwhile, China blamed US policies for creating what it called an existential crisis at the World Trade Organization, WTO. 

Beijing urged reform of the WTO to help it withstand the pressure from Washington. 

In a document posted on the WTO website yesterday, China cautioned that a range of recent unilateralist and protectionist practices had undermined the authority and efficacy of the WTO.
 

   Related News

Live Twitter Feed

Listen News

Morning News 27 (May) Midday News 27 (May) News at Nine 26 (May) Hourly 27 (May) (1800hrs)
समाचार प्रभात 27 (May) दोपहर समाचार 27 (May) समाचार संध्या 26 (May) प्रति घंटा समाचार 27 (May) (1900hrs)
Khabarnama (Mor) 27 (May) Khabrein(Day) 27 (May) Khabrein(Eve) 26 (May)
Aaj Savere 27 (May) Parikrama 27 (May)

Listen Programs

Market Mantra 27 (May) Samayki 27 (May) Sports Scan 23 (Mar) Spotlight/News Analysis 27 (May) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 10 (May) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar)
  • Money Matters 22 (Mar)
  • International News 22 (Mar)
  • Press Review 23 (Mar)
  • From the States 23 (Mar)
  • Let's Connect 22 (Mar)
  • 360°- Ek Parivesh 23 (Mar)
  • Know Your Constitution 30 (Jan)
  • Ek Bharat Shreshta Bharat 22 (Mar)
  • Sanskriti Darshan 23 (Mar)
  • Fit India New India 23 (Mar)
  • Weather Report 21 (Mar)
  • North East Diaries 22 (Mar)
  • 150 Years of Bapu 22 (Mar)
  • Sector Specific Discussions 22 (Mar)