Reported consideration of limits on Chinese access to U.S. exchanges hits stocks

Reported consideration of limits on Chinese access to U.S. exchanges hits stocks”

That's according to sources, two of whom said the move would be part of a broader effort to limit US investment in Chinese companies. Europe's STOXX 600 index .STOXX fared better, adding 0.5% as London's bourse outperformed on a weaker pound and hopes grew of progress towards resolving the trade war. "China will not ever be (cowed) by threats, or subdued by pressure", he said.

"We welcome investment in the USA", the statement on Twitter read.

"The start of the impeachment inquiry adds a new element of uncertainties to markets, in addition to ongoing concerns about the U.S".

The two countries are locked in a tariff war and have been trying to set up new negotiations on trade reciprocity.

USA media reported around noon that White House officials were discussing curbs on US investors' portfolio flows into China, including possibly blocking all US financial investments in Chinese companies, according to Bloomberg. "It could happen sooner than you think", he told reporters in NY on Wednesday. London stocks .FTSE added 1%, with exporters buoyed by a weaker pound central bank policymaker hinted at a cut in United Kingdom interest rates.

The euro was pinned at its lowest level since May 2017, further helping export-oriented European stocks.

Trade talks between the United States and China are expected to be held October 10-11 after months of tit-for-tat moves by both sides which have weakened global growth and driven rollercoaster moves in markets.

"Around April, May time, the main sticking point was the enforcement mechanism - but we have retreated miles from that at this point".

However, according to the media reports, the Trump administration is unlikely to allow American firms to supply to Huawei Technologies in China.

The damage is already evident with Micron Technology Inc, a major Huawei supplier, which forecast first-quarter profit below Wall Street targets, pushing its share prices down 7 percent in after-hours trade.

That in turn hit chip-related shares in Asia such as Samsung Electronics, SK Hynix and Tokyo Electron.

In commodity markets, oil prices fell as concerns of slowing global demand growth and a faster-than-expected recovery in Saudi crude oil output eased worries over potential major supply disruptions.

Like this



29 September 2019
McLaren to switch from Renault to Mercedes power from 2021 season
Conversely, McLaren has not finished on the podium since its final season with Mercedes in 2014, and its winless run stretches back to 2012.

29 September 2019
Duke demolishes Virginia Tech after slow start in Lane Stadium
Getting back to the ACC championship game looks like a pipe dream for Virginia Tech after coming out flat in Week 5 . Duke football scored 31-straight points to throttle Virginia Tech in its home stadium, 45-10, Friday evening.

29 September 2019
YouTube Music will arrive preinstalled on Android devices
Each new phone coming with Android 10 and Android 9 out of the box, will swap the Google Play Music app for the YouTube Music app. If you are setting up a new Google Home speaker, you will have to choose YouTube Music as your default service during the setup.

29 September 2019
Virginia stuns Notre Dame with ideal onside kick to begin second half
But Paul Moala and Shayne Simon got more than a few snaps, with Moala losing track of his man on the first Virginia touchdown. Perkins was sacked eight times by a Notre Dame defense that had registered just four sacks total in its first three games.

29 September 2019
Hurts throws No. 6 Oklahoma past Texas Tech with ease, 55-16
Oklahoma got the ball back and was able to get a 33-yard field goal from Brkic as time expired in the first half and OU led 34-10. OU converted the turnover into a touchdown on a 28-yard run by Rhamondre Stevenson to make it 55-16 Sooners with 8:18 to play.

29 September 2019
Iran slams US for barring Zarif from New York hospital visit
Britain responded to Iran's release of the Stena Impero on Friday by accusing Tehran of trying to disrupt freedom of navigation. A British-flagged tanker that was detained by Iran for 10 weeks, docked in Dubai on Saturday, after a standoff that.

29 September 2019
An unrepentant Boris Johnson faces raucous U.K Parliament
Her comments were echoed by Paula Sherriff, the Labour MP who remonstrated with the Prime Minister, in the Commons chamber. But Johnson repeated his criticisms of the court ruling and accused MPs of "surrender", "sabotage", and "betrayal".

29 September 2019
INSIDE THE MIND OF A KILLER: Van attacker’s chilling confession
Minassian's lawyer declined to comment on the release of the video and transcript Friday. Minassian calls himself an "incel", short for " involuntary celibate ".

24 May 2019
Upcoming Online Slot Releases
Look out for Temple of Nugdes! Ancient Fortunes: Zeus Here is one last upcoming game, this time from the prolific Microgaming. This is mixed with a whole bunch of bonus features and extras, making for what will be a very popular game once it goes live.

27 March 2018
The Growth of Online Gaming and Betting Companies
Even though brick and mortar casinos make offers to gamblers, they do not come anywhere close to what is offered on the wide web. Alternatively, they can be used to learn about the game and the features it comes with as well as the strategies that work best.