Stocks drift, dollar slips on US-China standoff

Quick Summary:

SINGAPORE: Stocks ticked sideways on Tuesday while the dollar headed towards its largest monthly fall for years as investors braced for the trade war to be felt in earnings and economic data.

HSBC and big Chinese lenders report quarterly results on Tuesday, along with BP, Deutsche Bank, Adidas, Coca-Cola, General Motors and Visa.

Morgan analysts said in a note, but a drop in China shipments suggests a reckoning may be due soon.

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Category: EconomyBusiness

Markets: MalaysiaBelgiumCanadaChinaHong KongJapanPortugalSingaporeSpain

Topics: /Business/Business News Trading Equities Securities Stock Markets Asia

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 11:12:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

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News ID: 28278238

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