Most Asian markets rise after China’s rate cut, as investors await further news on trade
News flash on Reuters: China’s foreign ministry says no one should underestimate China’s will to safeguard its sovereignty and Hong Kong’s stability.
On the latest clashes in Hong Kong, Erlam says:
The stand-off between the protesters and the police has become increasingly violent this last couple of weeks and, worryingly, it’s difficult to see how this ends without further clashes and bloodshed.
At this point, the economy is the least of the concerns for both residents and observers. But a place once viewed as being stable and peaceful is looking increasingly less appealing for investors who may continue to pull cash out the longer this goes on and more fierce it becomes.