Asia stocks wait on Sino-U.S. talks, China trade data [Reuters (UK)]
RAKUTEN GROUP INC S/ADR (RKUNY)
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Source: Reuters
Asia stocks wait on Sino-U.S. talks, China trade data | Reuters 3 Min Read SYDNEY (Reuters) - Asian stock markets started in a cautious mood on Thursday as investors hoped for progress in the latest Sino-U.S. tariff talks while bracing for China trade data that are expected to show further falls in both exports and imports. There was some hope another U.S. government shutdown would be averted as President Donald Trump edged toward backing a deal in Congress on funding for a border barrier. MSCI’s broadest index of Asia-Pacific shares outside Japan was all but flat, having just touched peaks last seen in early October. Japan’s Nikkei edged up 0.3 percent to its highest for the year so far as a weakening yen boosted export stocks. E-Mini futures for the S&P 500 added 0.1 percent. Chinese stocks were grabbing attention after the Shanghai blue chips index jumped 2 percent on Wednesday to levels last seen in late September. With Treasury Secretary Steven Mnuchin and Trade Representative Ro
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