Asian stocks higher after Wall Street falls for fifth day

41 views · Published 21 November 2018 · 2:07 · Indexed 10 October 2026

Channel: AP Archive · 2018 · News & Politics

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(15 Nov 2018) Developments in the Brexit negotiations "hardly caused a stir in Hong Kong", according to a market analyst. 
Stock analyst Francis Lun added that the Hong Kong market is most affected by events in China. 
Most Asian stock markets gained Thursday after Wall Street fell and Britain's Cabinet endorsed a draft agreement to leave the European Union.
Prime Minister Theresa May persuaded the British Cabinet to back an agreement to separate from the European Union, triggering the final steps toward Brexit. 
May said the decision is a "decisive step" toward finalizing the exit deal with the EU within days, though it was unclear whether Parliament will go along.
European Union chief Donald Tusk has called for a summit of leaders to take place on November 25 so they can endorse a draft Brexit deal that has been reached with the British government.

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