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US looks set to blacklist more Chinese companies: ASX poised to open lower

23 May 2019 – Following weak leads from US markets, the ASX looks set to open lower this morning. US stocks fell yesterday as trade tensions between China continued to rumble. The White House is said to be taking an intense look at blacklisting more Chinese technology companies. Agribusiness Webster (ASX:WBA) reported a NPAT of $2.12m compared to $3.77m for the prior corresponding period.

Source: Finance News Network

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