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U.S. And China Are Set To Continue Trade Negotiations In D.C. This Week

(MSNBC)


Asia markets saw gains on Monday morning, with trade talks between the U.S. and China set to continue in Washington this week after high-level meetings in Beijing concluded on Friday.


Japan's Nikkei 225 jumped 1.56 percent in early trade, while the Topix also advanced 1.50 percent. Shares of Fast Retailing, the company behind the Uniqlo chain of apparel stores, gained more than 1.8 percent


Meanwhile, the Kospi in South Korea gained 0.66 percent as industry heavyweight Samsung Electronics saw its stock gain 1.19 percent.


Australia's ASX 200 was higher by 0.57 percent in morning trade as most sectors saw gains.The heavily-weighted financial subindex rose more than 0.3 percent as shares of the county's so-called Big Four banks advanced. Australia and New Zealand Banking Group gained 0.3 percent, Commonwealth Bank of Australia rose 0.25 percent, Westpac climbed up by 0.44 percent and National Australia Bank added 0.45 percent. Read more

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