Chinese President Xi says talks are the only right way to resolve disputes and that there are no winners in a trade war, according to Xinhua
President Xi's emphasis on dialogue to resolve disputes and his assertion that trade wars offer no benefits signals a potential easing of tensions.
PRE-MARKET INDIAN STOCKS NEWS: Earnings from Bharti Airtel & Tata Motors Commercial Vehicles
Japan sells JPY 454.4bln 30-yr JGBs; b/c 3.49x (prev. 3.12x), and average yield 3.842% (prev. 3.697%)
Chinese President Xi says talks are the only right way to resolve disputes and that there are no winners in a trade war, according to Xinhua
[MARKET ANALYSIS] Asia-Pac stocks trade mixed as participants await any developments from the Trump-Xi summit, which began in Beijing
Samsung Electronics (005930 KS) proposes to resume trade talks for May 16th, according to the labour union
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This could have positive implications for global trade sentiment and risk appetite, potentially supporting currencies like the USD and JPY while also offering a favorable backdrop for equity markets.
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