News
        Asian shares fell to a four-month low


 bearing in stock

if you are interested in it , Get free samples :sales@edabearings.com

Asian stock markets fell to a four-month low on Friday, with crude oil prices plunging. Concerns that Sino-US trade disputes are evolving into deeper strategic disputes have prompted investors to turn to hedge assets.
The MSCI Mingsheng Asia-Pacific (excluding Japan) index fell 0.2% to a four-month low and is expected to fall for the third consecutive week, down 1.0% since this week.
China's stock market rebounded slightly, with the Shanghai Composite Index. SSEC up 0.2%, the Shanghai and Shenzhen 300 Index. CSI300 up 0.3%, and the Hong Kong Hang Seng Index. HSI up 0.2%.
Nikkei index. N225 fell 0.7%.
On the U.S. stock market, the Dow Jones industrial index. DJI closed down 1.1% on Thursday; the S&P 500 index. SPX fell 1.2%; the Nasdaq index. IXIC fell 1.6%. Investors sold growth stocks and boom stocks, and energy and technology stocks led the decline, fearing that the escalating trade war between the United States and China would hinder global economic growth.
U.S. President Trump said Thursday that the dispute between the United States and China's telecommunications giant Huawei may be resolved within the framework of the U.S. -China trade agreement, describing Huawei as "very dangerous".
Huawei is the largest telecom network equipment manufacturer in the world. Last week, the U.S. government, citing national security, effectively banned American companies from doing business with Huawei.
The U.S. Department of Commerce said Thursday it is proposing a new regulation to impose countervailing duties on products from countries that undervalue their currencies against the U.S. dollar. This is another move that may impose higher tariffs on Chinese products.


PREVIOUS:British Prime Minister Teresa May is expected to announce her resignation on Fri        NEXT:China's soybean imports rose in April