Asian markets rise on US-China trade optimism; Hong Kong's Hang Seng up 0.8%; oil prices dip
Wednesday, 11 June 2025 () Asian stocks experienced a surge following a fresh agreement between the US and China, aimed at de-escalating trade tensions. Japan's Nikkei 225 climbed by 0.5%, while Hong Kong's Hang Seng rose by 0.8%. The Shanghai Composite also saw a 0.5% increase. This progress has fueled optimism for a broader resolution after months of tariff disputes.
President Trump has announced the finalization of a major trade agreement with China, declaring "It's done." The deal includes upfront rare earth mineral supplies from China, a long-standing sticking point in talks. Surprisingly, China will face only 10% tariffs, while the U.S. will impose 55% on...
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Hong Kong trade delegation visits Qatar to strengthen bilateral relations
A total of 35 memoranda of understanding spanning trade, innovation and other areas were signed, hoping to advance strategic..
Credit: euronews (in English) Duration: 01:13Published
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Wednesday, 11 June 2025 ()
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