Asia shares edge higher on China recovery
People’s Bank of China sets daily midpoint for yuan trading, which determines the limits for its onshore movement, at level that that beats market expectations
12 August 2019 - 07:56
Shanghai — Gains by Chinese equities and the yuan’s stronger-than-expected daily fixing helped lift a broad gauge of Asian shares above water on Monday, but firm gold prices underscored investor worries over risks from a prolonged Sino-US trade war.
MSCI’s broadest index of Asia-Pacific shares outside Japan shook off early losses to eke out a 0.02% gain...
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