tokyo trading: Australia's S&P/ASX 200 XJO, -0.17% added 0.4%. Japan's benchmark Nikkei 225 NIK, 0.60% advanced 1.8%. The country said its core machinery orders dropped 0.1% in December from the previous month, beating forecasts of a 1.1% decline, according to Market Watch. Shares rose in Taiwan Y9999, 1.18% and throughout Southeast Asia. South Korea's Kospi SEU, 1.09% jumped 0.7% and the Shanghai Composite index SHCOMP, 0.20% rose 2.6%. Hong Kong's Hang Seng HSI, 1.01% was 1.6% higher. Among individual stocks, Uniqlo owner Fast Retailing 9983, 0.08% jumped in Tokyo trading, as did Bridgestone 5108, 0.57% and Japan Steel 5631, 0.34% . Oil producers CNOOC 0883, 1.16% and Petro China 0857, 1.34% rose in Hong Kong, along with tech companies Sunny Optical 2382, 3.03% and Tencent 0700, 1.25% . Samsung 005930, 2.07% rose in Korea, as did Taiwan Semiconductor 2330, 2.40% in Taiwan. We feel we have made headway on very, very important and difficult issues, U.S. Trade Representative Robert Lighthizer said, in a meeting with Chinese President Xi Jinping. Oil companies such as Woodside Petroleum WPL, 0.78% Beach Energy BPT, 1.01% and Santos STO, 1.02% jumped in Australia After the markets closed on Friday, China and the U.S. announced plans to resume trade negotiations in Washington, fueling hopes that both countries were edging toward a deal.
(news.financializer.com). As
reported in the news.
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