Asia stocks inch up but gains capped by fresh Sino-U.S. trade worries
Asian shares caught the tail of a Wall Street rally on Friday, helped by China's better-than-expected export figures but fresh concerns about Sino-U.S. trade ties are likely to limit gains in the region. Weighing on risk appetite was a report from Bloomberg that Washington is delaying a decision about licenses for U.S. firms to restart trade with Huawei Technologies [HWT.UL]. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> rose 0.2% but was on track to lose 2.3% for the week.
Published:8/8/2019 8:43:22 PM