{"id":12214,"date":"2023-05-22T15:41:20","date_gmt":"2023-05-22T19:41:20","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/asian-stocks-mixed-amid-u-s-china-optimism-debt-ceiling-woes\/"},"modified":"2023-05-22T15:41:21","modified_gmt":"2023-05-22T19:41:21","slug":"asian-stocks-mixed-amid-u-s-china-optimism-debt-ceiling-woes","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=12214","title":{"rendered":"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Investing.com — Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by uncertainty over raising the U.S. debt ceiling as negotiations to avoid a default continued.<\/p>\n

China\u2019s and indexes rose 0.1% and 0.4%, respectively, while Hong Kong-listed Chinese stocks pushed the up 1.3%.<\/p>\n

President Joe Biden said during the Group of Seven summit in Japan that he expects relations between the U.S. and Beijing to improve \u201cvery shortly,\u201d and that the G7 had also decided on a united approach to China.<\/p>\n

His comments somewhat improved sentiment toward Chinese markets, which were reeling from two straight weeks of losses after a slew of disappointing economic readings for April.<\/p>\n

An improvement in Sino-U.S. relations could invite foreign investors back into China, offering the country a much-needed source of capital as it struggles with a post-COVID economic rebound.\u00a0<\/p>\n

The People\u2019s Bank of China kept its steady near historical lows on Monday, but slowing growth in the country saw markets positioning for an eventual cut this year.\u00a0<\/p>\n

Other China-exposed stock markets also advanced, with South Korea\u2019s up 1%.<\/p>\n

But broader Asian markets were mixed as U.S. lawmakers flagged little progress towards reaching a deal to raise the debt ceiling. Biden is set to continue talks with Republican lawmakers later on Monday.<\/p>\n

Australia\u2019s index fell 0.3%, while the index lost 0.1%.<\/p>\n

Japan\u2019s and rose about 0.1% each, hovering around more than 30-year highs following a stellar rally over the past two weeks. But gains now appeared to be running out of steam, with softer-than-expected data pointing to continued weakness in Japan\u2019s key manufacturing sector.<\/p>\n

Thailand\u2019s tumbled 1% and was the worst performer among its Asian peers for the day, as markets awaited the formation of a new government after the pro-democracy opposition unexpectedly defeated the incumbent military-backed bloc in elections held last week.<\/p>\n

Growing concerns over a U.S. debt default, which could have dire consequences for the global economy, rattled broader Asian markets. Treasury Secretary Janet Yellen said the government faces a mid-June deadline to reach a deal.<\/p>\n

U.S. stock futures were also largely muted in anticipation of more cues on a deal.<\/p>\n

\u00a0<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com — Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by uncertainty over raising the U.S. debt ceiling as negotiations to avoid a default continued. China\u2019s and indexes rose 0.1% and 0.4%, respectively, while Hong Kong-listed Chinese stocks pushed the up 1.3%. […]<\/p>\n","protected":false},"author":1,"featured_media":6518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-12214","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nAsian stocks mixed amid U.S.-China optimism, debt ceiling woes | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=12214\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=12214\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-22T19:41:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-22T19:41:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXNPEB8R00J_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=12214#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=12214\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes\",\"datePublished\":\"2023-05-22T19:41:20+00:00\",\"dateModified\":\"2023-05-22T19:41:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=12214\"},\"wordCount\":383,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=12214#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=12214\",\"url\":\"https:\/\/ifintechworld.com\/?p=12214\",\"name\":\"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-22T19:41:20+00:00\",\"dateModified\":\"2023-05-22T19:41:21+00:00\",\"description\":\"\u00a9 Reuters. Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=12214#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=12214\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=12214#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes | iFintechWorld","description":"\u00a9 Reuters. Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=12214","og_locale":"en_US","og_type":"article","og_title":"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes | iFintechWorld","og_description":"\u00a9 Reuters. Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by","og_url":"https:\/\/ifintechworld.com\/?p=12214","og_site_name":"iFintechWorld","article_published_time":"2023-05-22T19:41:20+00:00","article_modified_time":"2023-05-22T19:41:21+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXNPEB8R00J_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=12214#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=12214"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes","datePublished":"2023-05-22T19:41:20+00:00","dateModified":"2023-05-22T19:41:21+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=12214"},"wordCount":383,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=12214#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=12214","url":"https:\/\/ifintechworld.com\/?p=12214","name":"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-22T19:41:20+00:00","dateModified":"2023-05-22T19:41:21+00:00","description":"\u00a9 Reuters. Investing.com -- Most Asian stocks were mixed on Monday as optimism over a potential improvement in U.S.-China relations was largely offset by","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=12214#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=12214"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=12214#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Asian stocks mixed amid U.S.-China optimism, debt ceiling woes"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/12214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12214"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/12214\/revisions"}],"predecessor-version":[{"id":12215,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/12214\/revisions\/12215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/6518"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}