Japan stocks end higher on hopes for U.S.-China thaw
TOKYO, Oct 10 (Reuters) - Japanese stocks bounced back from early losses to end higher on Thursday, helped by a flush of optimism over chances that the United States and China can scale back their trade war at high-level talks set for later in the day.
The Nikkei index ended up 0.45% at 21,551.98, after shedding as much as 0.7% earlier in the day.
Japanese shares were boosted by a New York Times report that U.S. President Donald Trump’s administration will soon issue licences allowing some U.S. companies to supply non-sensitive goods to Chinese telecommunications equipment maker Huawei Technologies Co Ltd.
This could be seen as a concession to China that would make it easier to resolve the trade row.
Trump’s administration effectively blacklisted Huawei in mid-May, alleging it is invo ...