Business & Investment

Asian Stocks Up, China and US talked about economic issues by

© Reuters.

Gina Lee – Asia Pacific stock prices almost rose on Tuesday morning. On October 26, China met with US Treasury Secretary Janet Yellen on a video call about macroeconomic conditions and bilateral relations.

Japan surged 1.80% by 10:32 pm (Greenwich Mean Time 2:32 am), while South Korea rose 0.55%.

In Australia, it rose 0.17%. It will be released on Wednesday.

Hong Kong decreased by 0.24%

China is on the lookout for COVID-19 outbreaks, with China rising 0.13% and falling 0.05%. In addition, Modern Land China Co. has become the latest developer of real estate that missed debt repayment, following the China Evergrande Group.

In the United States, the debate over price pressure continues. Former Treasury Secretary Lawrence Summers said the gap between Treasury and Federal Reserve Board comments and corporate and consumer experience has widened in recent months.

“I actually believe that the gap between the Treasury and Fed statements and the daily experiences of businesses and consumers on inflation has widened in recent months. The Federal Reserve Board sees the reality of inflation. They are unlikely to handle it well until they are fully aware, “Summers said on Twitter (NYSE :).

In addition, US Democrats approached President Joe Biden’s trillion-dollar economic agenda agreement on Monday. The House of Representatives could pass a $ 550 billion infrastructure bill this week.

Disclaimer: Fusion media We inform you that the data contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and forex prices are offered by market makers, not exchanges, so prices may not be accurate and may differ from actual market prices. In other words, price is an indicator and is not suitable for trading purposes. Therefore, Fusion Media is not responsible for any transactional losses that may occur as a result of using this data.

Fusion media Alternatively, anyone involved in Fusion Media will not be liable for any loss or damage resulting from relying on the data, quotes, charts, trading signals and other information contained on this website. Please be fully informed about the risks and costs associated with financial market transactions. This is one of the most risky forms of investment possible.

Asian Stocks Up, China and US talked about economic issues by Asian Stocks Up, China and US talked about economic issues by

Back to top button