Asia stock markets today: live updates

Asia stock markets today: live updates

Trump says Indonesia trade deal features 19% tariff; Jakarta yet to confirm Traffic moves through the buildings in downtown Jakarta, Indonesia. Bloomberg | Bloomberg | Getty Images President Donald Trump on Tuesday said he reached a preliminary trade deal with Indonesia, which will set a 19% tariff on the Southeast Asian country’s U.S. exports. “We will pay…

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Asia stock markets today: live updates

Asia stock markets today: live updates

China’s second-quarter GDP grows 5.2%, topping market expectations China’s economy grew at a slower clip in the second quarter, slightly beating expectations as trade tensions with the U.S. rattled an economy already mired in deflation and a years-long housing downturn. China’s gross domestic product expanded by 5.2% in the second quarter, according to China’s National…

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Asia stock markets today: live updates

Asia stock markets today: live updates

Singapore’s economy grows 4.3% in second quarter, beating expectations Singapore’s economy grew at 4.3% year over year in the second quarter of the year, accelerating from 3.9% in the first quarter and beating expectations. The advance figure was higher than the 3.5% forecasted by Reuters. On a quarter-on-quarter basis, Singapore’s GDP grew by 1.4%, a…

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Asia stock markets today: live updates

Asia stock markets today: live updates

Jackal Pan | Moment | Getty Images Asia-Pacific markets rose after U.S. President Donald Trump announced steep tariffs on 14 trading partners, including Japan and South Korea. Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the letters Trump posted on…

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