US Treasury Secretary Bessent arrives in South Korea for trade talks with Chinese Vice Premier He Lifeng
The arrival of US Treasury Secretary Bessent in South Korea for trade talks with Chinese Vice Premier He Lifeng signals a potential shift in economic discussions between the US and China.
PRE-MARKET TAIWAN & SINGAPORE STOCKS NEWS: Asustek (2357 TT) Q1 (TWD) net fell 23% Y/Y to 9.8bln, rev. rose 44% Y/Y to 194.05bln, while it expects revenue to remain strong this quarter
Japanese Finance Minister Katayama said regarding recent talks with US Treasury Secretary Bessent that the meeting was a good opportunity to confirm trust, adds Bessent didn't make any specific requests including finance
US Treasury Secretary Bessent arrives in South Korea for trade talks with Chinese Vice Premier He Lifeng
Israeli shelling reported in areas in west of Daraa, Syria
PBoC is expected to set USD/CNY mid-point at 6.7946 (prev. 6.8426)
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This diplomatic engagement could impact trade sentiment and influence currency movements, particularly in the USD and JPY, depending on the outcomes of the talks. Traders should monitor for any developments that may affect broader market stability or bilateral agreements.
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