Asia trades higher as US-China talks resume

Wednesday, 20. February 2019 04:32

Asian markets traded higher on Wednesday after the United States and China kicked off fresh trade negotiations in Washington. US President Donald Trump said the talks are "complex" and hinted at extending the March 1 deadline for a deal. He also stated that his administration is in "no particular rush" regarding the denuclearization of North Korea, ahead of his second summit with North Korean leader Kim Jong-un.

The Japanese Nikkei 225 added 0.61% at 4:19 am CET. South Korean Kospi Composite increased by 1.15% at 4:00 am CET.

The Shanghai Composite rose 0.16% at 4:19 am CET, while the Shenzhen Composite was up just 0.06% at 4:20 am CET. Hong Kong's Hang Seng advanced 0.54% at 4:23 am CET.

Australia's S&P/ASX 200 lost 0.49% at 4:22 am CET.

The dollar traded 0.21% higher against the yen and sold for 110.8355 at 4:24 am CET.

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Breaking the News / DJ