Asian markets ended mostly higher on Tuesday as the US and Japan kicked off their first round of trade talks in Washington aimed at creating a bilateral trade framework. Bank of Japan Governor Haruhiko Kuroda reportedly said that ‘some sort of protectionism’ around global trade is the biggest threat to global economic growth. Chinese shares ended higher after data showed housing prices in 70 major Chinese cities increased an average of 10.6 percent year-on-year in March, signaling an economic rebound. Further, Japanese shares settled higher as the yen held close to 2019 lows against the dollar and NTT Docomo Inc. announced its new mobile phone charge plans.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 3,253.60 | 75.81 | 2.39 |
Hang Seng | 30,129.87 | 319.15 | 1.07 |
Jakarta Composite | 6,481.54 | 46.39 | 0.72 |
KLSE Composite | 1,629.46 | -1.87 | -0.11 |
Nikkei 225 | 22,221.66 | 52.55 | 0.24 |
Straits Times | 3,332.04 | 6.18 | 0.19 |
KOSPI Composite | 2,248.63 | 5.75 | 0.26 |
Taiwan Weighted | 10,927.85 | 52.25 | 0.48 |
