Nikkei rises on hopes for progress in trade talks at G20 [Reuters]
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Source: Reuters
Nikkei rises on hopes for progress in trade talks at G20 - Reuters 2 Min Read * Companies with large exposure to China in demand * Japan Display jumps on report Apple will inject $100 mln By Ayai Tomisawa TOKYO, June 27 (Reuters) - Japan’s Nikkei rose on Thursday on hopes for progress in U.S.-China trade talks as investors cautiously awaited the outcome of the G20 summit. The Nikkei share average rose 0.9% to 21,267.60 points by midmorning. Overall sentiment improved, with cyclical stocks and companies with large exposure to China in positive territory ahead of a meeting between U.S. and Chinese leaders at the G20 summit in Osaka this weekend. U.S. President Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree. Trump also raised the possibility that he may impose a lower, 10% duty on a $300 billion list o
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