Asia stocks gain as Fed cuts, Trump-Xi meeting in focus


SINGAPORE: Asian stocks advanced on Thursday after the Federal Reserve cut interest rates and as U.S. and Chinese leaders met to thrash out a trade deal, while the yen weakened after the Bank of Japan kept rates on hold as expected.

MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.4%, while U.S. S&P 500 e-mini futures moved 0.4% higher after stocks on Wall Street posted a slim loss to snap a four-day winning streak.

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