Asian shares mostly dip despite S&P 500 adding to its record on Wall Street

Asian shares mostly dip despite S&P 500 adding to its record on Wall Street https://www.taxtmi.com/news?id=34651 Tariff policy risk weighed on Asian equity markets as investors reacted to US tariff rhetoric, contributing to foreign-exchange outflows and sentiment shifts. China's central bank kept its benchmark rate unchanged to preserve financial stability, while prior Fed easing and persistent high mortgage rates influenced credit and housing activity. A Chapter 11 bankruptcy filing by an electric-vehicle company, with planned asset sales and wind-down, highlighted how insolvency and restructuring events can amplify market movements. en-us Thu, 20 Feb 2025 13:01:03 +0530 Thu, 20 Feb 2025 13:01:03 +0530 TaxTMI RSS Generator Asian shares mostly dip despite S&P 500 adding to its record on Wall Street https://www.taxtmi.com/news?id=34651 Tariff policy risk weighed on Asian equity markets as investors reacted to US tariff rhetoric, contributing to foreign-exchange outflows and sentiment shifts. China's central bank kept its benchmark rate unchanged to preserve financial stability, while prior Fed easing and persistent high mortgage rates influenced credit and housing activity. A Chapter 11 bankruptcy filing by an electric-vehicle company, with planned asset sales and wind-down, highlighted how insolvency and restructuring events can amplify market movements. News - Thu, 20 Feb 2025 13:01:03 +0530 https://www.taxtmi.com/news?id=34651