Asian markets rise despite uncertainty over U.S.-China trade talks
Asian markets rose in early trading Monday as investors awaited an update on the state of ongoing trade negotiations between the U.S. and China. A report over the weekend said the proposed summit between President Donald Trump and China’s President Xi Jinping to sign a agreement ending the trade war may be pushed back to June as the deal is taking longer than originally hoped to finalise. Japan’s Nikkei NIK, +0.58% advanced 0.6% and Hong Kong’s Hang Seng Index HSI, +0.72% rose 0.9%. In mainland China, the Shanghai Composite SHCOMP, +1.26% gained 1.1%, about the same as the smaller-cap Shenzhen Composite 399106, +1.33% . South Korea’s Kospi SEU, +0.03% was about flat, while benchmark indexes in Taiwan Y9999, +0.40% , Singapore STI, +0.39% and Indonesia JAKIDX, +0.75% rose slightly. Australia’s S&P/ASX 200 XJO, +0.08% rose slightly. Read more @ https://www.marketwatch.com/story/asian-markets-rise-despite-uncertainty-over-us-china-trade-talks-2019-03-17?siteid=rss&rss=1
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