Japan stocks end higher on hopes for U.S.-China thaw

10 Oct by Vitaliy Dadalyan

Japan stocks end higher on hopes for U.S.-China thaw

Japanese stocks bounced back from early losses to end higher on Thursday, helped by a flush of optimism over chances that the United States and China can scale back their trade war at high-level talks set for later in the day. The Nikkei index ended up 0.45% at 21,551.98, after shedding as much as 0.7% earlier in the day. Japanese shares were boosted by a New York Times report that U.S. President Donald Trump’s administration will soon issue licences allowing some U.S. companies to supply non-sensitive goods to Chinese telecommunications equipment maker Huawei Technologies Co Ltd.

Source:: Yahoo! Trucking News