Asian stocks rise as US, China resume talks

Friday, 20. September 2019 07:33

Markets in Asia traded higher on Friday as the United States and China resumed face-to-face trade negotiations at a deputy level set to lay the groundwork for next month's high-level talks. China's delegation arrived in Washington on Thursday for two-day talks with the US Trade Representative's office, reportedly set to focus on intellectual property and agricultural issues with Chinese officials set to visit farms in Montana and Nebraska next week. Elsewhere, investors digested inflation data from Japan.

The Nikkei 225 rose 0.22% at 7:30 am CET. The dollar lost 0.15% against the yen to sell for 107.8585 at 7:31 am CET.

Hong Kong's Hang Seng added 0.13% at 7:31 am CET. In mainland China, the Shanghai Composite increased by 0.23% at 7:30 am CET and the Shenzhen Composite gained 0.15% at 7:17 am CET.

Korea's Kospi climbed 0.39% at 7:12 am CET and Australia's S&P/ASX 200 was up 0.35% at 7:32 am CET.

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Breaking the News / NP