ADVERTISEMENT

Asia stocks gain on hopes for eased US-China tension


  • Markets
  • Friday, 18 Jan 2019

Following Wall Street's lead, MSCI's broadest index of Asia-Pacific shares outside Japan added 0.25 percent. The index has gained nearly 1 percent this week.  Australian stocks rose 0.6 percent, as did South Korea's KOSPI while Japan's Nikkei gained 0.7 percent.

Following Wall Street's lead, MSCI's broadest index of Asia-Pacific shares outside Japan added 0.25 percent. The index has gained nearly 1 percent this week. Australian stocks rose 0.6 percent, as did South Korea's KOSPI while Japan's Nikkei gained 0.7 percent.

TOKYO: Asian stocks gained early on Friday, as hopes for a thaw in the U.S.-China trade conflict fed investor appetites for risk assets.

The Wall Street Journal reported on Thursday that U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30.

Markets , Corporate News

   

ADVERTISEMENT