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Global Markets: Asian stocks offers muted cheer as China trade beats forecasts

Reuters  |  SYDNEY 

By Wayne ColeSYDNEY (Reuters) - Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks, though China trade data handily beat expectations in a welcome relief for the global economy.Beijing reported exports rose 9.1 percent in January on a year earlier, confounding forecasts of a fall, while imports dipped by a surprisingly slight 1.5 percent.As a result China's trade surplus also topped forecasts while imports from the U.S. plunged 41 percent, which might not please the White House.With Treasury Secretary ...

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First Published: Thu, February 14 2019. 09:39 IST
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