Global stocks rise as US-China trade talks loom

  • News Digest
LONDON

Feb 12, 2019-

World stock markets rallied Monday as US and Chinese officials in Beijing geared up for crunch trade talks aimed at averting fresh tariff escalations. European equities chased Asia higher as efforts to resolve the festering trade row get under way, but sentiment remains clouded by the prospect of another US government shutdown. London won a boost as a UK economic growth slowdown weighed on the pound, lifting stocks in multinationals that have earnings in foreign currency. The Brexit-facing British economy grew last year by 1.4 percent, data showed. That was the lowest level for six years and down from 1.8 percent in 2017. (AFP)

Published: 12-02-2019 11:31

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