Tag: nikkei index

US and China call a trade war truce at G20 Summit, causing a rise in world markets

Over a steak dinner last weekend at the G20 Summit in Buenos Aires, Argentina, the United States and China called a trade war truce. US President Donald Trump said that there would be no additional tariffs on goods from China, while Chinese leader Xi...

Malaysia manufacturing sees declines in new orders

Despite a rebirth of manufacturing output growth for the past 23 months, Malaysia saw declines in new orders and in hiring which weighed on the overall performance of goods producers. Commenting on the Malaysian Manufacturing PMI survey data, Samuel Agass, Economist at IHS Markit, which...