BEIJING | Asian stocks rise on hopes for US-China trade progress

17Jan - by Editor - 0 - In STL.News

BEIJING—January 17, 2019—  Stocks in Shanghai, Hong Kong and Tokyo advanced Friday after investors saw signs of possible progress toward settling the U.S.-Chinese tariff war.

KEEPING SCORE: The Shanghai Composite Index rose 0.7 percent to 2,578.73 and Hong Kong’s Hang Seng gained 1.1 percent to 27,039.00. Tokyo’s Nikkei 225 added 1.3 percent to 20,622.24 and Seoul’s Kospi advanced 0.5 percent to 2,118.29. Sydney’s S&P-ASX 200 was 0.5 percent higher at 5,881.00 and benchmarks in Taiwan, New Zealand and Southeast Asia also rose.

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