Losses in Chinese shares set the tone for Asian markets
Asian equities pare gains after Beijing vows retaliatory sanctions against the US, while the euro rises to a four-month high
15 July 2020 - 07:29
Sydney — Asian shares pared gains on Wednesday, led by losses in Chinese stocks, after Beijing vowed retaliatory sanctions against the US, while the euro rose to a four-month high on the prospect of stimulus ahead of a crucial EU summit.
US President Donald Trump on Tuesday ordered an end to Hong Kong’s special status under US law to punish China for what he called “oppressive actions” against the former British colony, prompting a warning from China...
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