Asian Stocks Rally As US-China Trade War Eases, US Dollar Holds Gains

Quick Summary:

Asian stocks surged on Tuesday, May 13, joining the global rally, while the US dollar retained most of its gains after a temporary halt in the US-China trade war brought relief to markets.

Investors were optimistic following the announcement of a 90-day truce between the two largest economies, easing recession fears.

Chinese stocks saw modest gains in early trading, while Singapore’s Straits Times Index (STI) climbed over 1.5%.

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Article Details

Category: InvestingBusiness

Markets: MalaysiaChinaJapanSingaporeTaiwan

Topics: Asian market Markets Asian stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 02:52:31 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 623 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 28655051

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