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Asian Markets Swing As China-US Trade Euphoria Fades

Business Today LogoBusiness Today21h ago

Asian Markets Swing As China-US Trade Euphoria Fades - Business Today

Quick Summary:

Asian stocks fluctuated Wednesday (May 14), with investors struggling to track a strong day on Wall Street as euphoria over the China-US trade detente petered out.

Still, the dialling down of tensions with China saw JPMorgan Chase predict the US economy would grow this year, reversing its earlier forecast for a contraction caused by the tariffs.

His remarks were made aboard Air Force One as he headed off on his Gulf tour, with Saudi Arabia on Tuesday pledging US$600 billion worth of US investments in a range of sectors from defence to artificial intelligence.


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Article Details

Author / Journalist: Editor

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 04:18:26 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28700598

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About Business Today

Business Today Logo

Main Topics: InvestingBusiness

Official Website: businesstoday.com.my

Update Frequency: 10 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 15 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #73

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