Asian shares at seven-month high, while safe havens lose ground
Equities enjoy support from signs of goodwill between China and the US, as the countries prepare to sign a truce in their trade war
14 January 2020 - 07:03
Singapore — Asian shares hit a seven-month high, China’s yuan jumped and safe-harbour assets slipped on Tuesday, amid signs of goodwill between China and the US, as the world’s two biggest economies prepared to sign a truce in their trade war.
The US treasury department on Monday said China should no longer be designated a currency manipulator — a label it applied as the yuan dropped in August...
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