Asian shares slide as China deflation pressure deepens

NAMPA / DPA

2025-01-09

Beijing (dpa-AFX) - Most Asian stocks fell on Thursday as investors reacted to US President-elect Donald Trump's tariff threats, a buoyant dollar and disappointing Chinese inflation data. The US dollar was underpinned by rising Treasury yields amid expectations that Trump's fiscal and tariff policies may add to price pressures and keep US interest rates higher for longer. Gold ticked higher in Asian trade after hitting a near four-week high in......

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