Most Asian markets rise on hopes for Bill to avert US shutdown

Quick Summary:

HONG KONG: Asian investors fought Friday (Mar 14) to grind out gains at the end of a painful week for markets as they welcomed signs US lawmakers will avert a government shutdown but remained fearful over Donald Trump's trade war.

Wall Street has been hammered, with the S&P 500 slipping into a correction Thursday having fallen more than 10 per cent from its recent peak - a record high touched just last month.

"A government shutdown, combined with existing trade tensions and tariffs, could exacerbate market volatility.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFranceHong KongSouth KoreaPanamaUkraineUnited States

Topics: Trade Investors Shutdown Recent Cent Tariffs Hong Markets Friday Trump Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 11:20:19 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 741 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26975975

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 40 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 39 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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