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Global Markets: Stocks inch off three-week lows but little respite for emerging markets

Reuters  |  LONDON 

By Sujata RaoLONDON (Reuters) - Fresh sparring between Washington and Beijing over trade kept world stocks close to three-week lows on Wednesday, while a slight dollar pullback gave little respite to emerging markets, with the Indian rupee plumbing new record lows.The months-long escalation in tensions between the world's two biggest economies has shown no sign of letting up, as U.S. President Donald Trump said on Tuesday the United States was taking a tough stance with China. That cemented expectations that fresh levies on Chinese exports will soon be announced.Trump's comments came after ...

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First Published: Wed, September 12 2018. 16:29 IST
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