Asian markets rise on optimism about US-China trade war
TOKYO (AP) — Asian shares rose Tuesday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the U.S. and China.
Japan’s benchmark Nikkei 225 rose 1.1% in afternoon trading to 20,491.03. Australia’s S&P/ASX 200 added 0.6% to 6,481.60, while South Korea’s Kospi gained 0.7% to 1,930.54. Hong Kong’s Hang Seng inched up 0.1% to 25,707.14. The Shanghai Composite added 1.7% to 2,911.62.