Asian markets ended mostly higher on Tuesday as investor jitters over trade eased after US President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Meanwhile, US President Donald Trump has threatening to slap huge new tariffs on China if his counterpart Xi Jinping doesn't attend the upcoming G20 meeting. Chinese stocks ended higher after Beijing said it would allow local governments to use proceeds from special bonds as capital for major projects including highways, gas and power supply and railways. Further, Japanese shares finished higher as the yen's retreat against the dollar helped lift exporters.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,925.72 | 73.59 | 2.58 |
Hang Seng | 27,789.34 | 210.70 | 0.76 |
Jakarta Composite | 6,305.99 | 16.38 | 0.26 |
KLSE Composite | 1,651.20 | -4.27 | -0.26 |
Nikkei 225 | 21,204.28 | 69.86 | 0.33 |
Straits Times | 3,209.58 | 21.47 | 0.67 |
KOSPI Composite | 2,111.81 | 12.32 | 0.59 |
Taiwan Weighted | 10,607.76 | 41.29 | 0.39 |
