Asian markets end in green on Thursday

13 Sep 2018 Evaluate

Asian markets ended in green on Thursday on account of reports that a fresh round of talks between the US and China, the world's two largest economies are likely in the near future. Reports suggested that the US is in the early stages of proposing talks a new round of trade talks with China. The US Treasury Secretary Steven Mnuchin has sent an invitation for talks to senior Chinese officials, proposing a meeting in the next few weeks. The news raised hopes that trade tensions between the world's two largest economies will ease. Only last week, the US President Donald Trump threatened to impose tariffs on all $500 billion worth of imports from China. Following Trump's remarks, China was reported to be seeking World Trade Organization permission to impose trade sanctions on Washington. Further, Japanese core machine orders for the month of July boosted Japan's stock market. The Cabinet Office said that core machine orders in Japan were up a seasonally adjusted 11.0 percent on month in July on Thursday - coming in at 918.6 billion yen. That beat expectations for a gain of 5.5 percent following the 8.8 percent slide in June.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	2,686.58	30.47	1.13
Hang Seng	27,014.49	669.45	2.48
Jakarta Composite	5,858.27	60.12	1.03
KLSE Composite	1,792.60	7.35	0.41
Nikkei 225	22,821.32	216.71	0.95
Straits Times	3,132.88	8.23	0.26
KOSPI Composite	2,286.23	3.31	0.14
Taiwan Weighted	10,727.23	4.66	0.04

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