Reported 1 day ago
Asian stocks lost early gains following optimism about reduced tariffs that previously buoyed US markets. Technology shares, particularly in China, faced significant drops, with Xiaomi Corp. seeing a decline after a large share sale. While markets initially reacted positively to potential tariff exemptions, concerns about ongoing trade tensions and their economic impact remain. Investors are advised to take a longer-term view as financial conditions evolve amid these developments.
Source: YAHOO