Asian Markets Decline After Trump-Xi Meeting

Reported about 10 hours ago

Asian shares and oil prices fell after President Trump's meeting with Chinese leader Xi Jinping, despite Trump describing the talks as positive. Investors expressed skepticism, with major indexes in Japan and China declining, while South Korea's Kospi index saw modest gains. Trump announced a reduction in tariffs on Chinese goods and noted progress in trade discussions, but details from the Chinese side remain unclear. Overall, U.S. stocks also fluctuated after the Federal Reserve's recent rate cuts aimed at bolstering the job market.

Source: YAHOO

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