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Japan stocks end higher on hopes for U.S.-China thaw



  • Source: Reuters - - Read: 0

    Summary:

     

    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 ...

     

     

    Read Full News: https://www.reuters.com/article/japan-stocks-closer/japan-stocks-end-higher-on-hopes-for-us-china-thaw-idUSL3N26V13U


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