Today's top business headlines: - Trade war fears linger on Wall Street - US budget deficit rises 27% through July - Report: Starbucks' pumpkin spice latte returns this month - Nike launches subscription service for kids
US stock futures are lower after a rough start to the week. The Dow closed down nearly 400 points, or 1.5%, on Monday. The S&P 500 and the Nasdaq fell 1.2%.Stocks in Asia followed suit on Tuesday. Hong Kong's Hang Seng tumbled 2.1% as protesters targeted the city's international airport for a second day. Japan's Nikkei fell 1.1%.In Europe, Britain's FTSE 100 shed 0.5% in early trading.
The global growth outlook has weakened in part because of escalating trade tensions between the United States and China, Singapore's Ministry of Trade and Industry said.A recession looks unavoidable for Singapore, Sian Fenner, lead Asian economist for Oxford Economics, wrote in a research note.3. Argentina's rout: Emerging markets are back in the headlines after a surprise result in Argentina's primary election sent the country's currency and stocks plunging on Monday.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stocks Edge Lower Amid Hong Kong Protests, Trade WoesU.S. stock futures edge down as escalating tensions between Chinese authorities and protesters in Hong Kong add to investors’ global trade concerns. China has vowed a merciless crackdown on demonstrators.
Baca lebih lajut »
Cramer: Hong Kong protests 'more serious' than US-China trade war for global marketsThe White House issued a statement this morning about the protests in Hong Kong saying 'this is between Hong Kong and China.'
Baca lebih lajut »
Goldman Sachs economists say fears rise that U.S.-China trade war leading to recessionGoldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war le...
Baca lebih lajut »
Wall Street slides ahead of opening bell as fears mount over drawn-out trade warStock futures fell on Monday, as investors shunned risky bets on fears that a drawn-out trade war between the US and China would significantly hamper global growth.
Baca lebih lajut »
Wall Street set to open lower as trade war stokes fears of recessionWall Street was set to open lower on Monday, as investors shunned risky bets on ...
Baca lebih lajut »
Asia stocks set to trade lower as Dow falls below 26,000 amid geopolitical fearsStocks in Asia were set to trade lower on Tuesday following an overnight plunge on Wall Street stateside that saw the Dow Jones Industrial Average plunging more than 350 points.
Baca lebih lajut »