Huawei is one of the world’s largest makers of smartphones and telecommunications network equipment.MSCI’s ex-Japan Asia-Pacific index fell 1.7 percent. Huawei is a key client of Chinasoft.Markets had initially brightened after U.S. and Chinese leaders agreed a temporary trade truce at a meeting on Saturday. But the mood has quickly soured on scepticism that the two sides can reach a substantive deal on a host of hugely divisive issues within the tight 90-day time frame set out.The benchmark Treasury 10-year yield fell 1.8 basis points to 2.903 percent, near Tuesday’s three-month low of 2.885 percent. U.S. markets were closed on Wednesday to mark the death of former President George H.W. West Texas Intermediate (WTI) crude futures were at $52.63 per barrel at 0248 GMT, down 26 cents, or 0.5 percent, from their last close.

Source: Egypt Today December 06, 2018 03:22 UTC