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Asian Stocks Edge Higher Amid Thin Holiday Trading With Most Markets Closed
Business Standard
|April 19, 2025
Asian stocks notched up small gains as investors largely adopted a wait-and-watch approach on tariff negotiations before taking long-term bets.
The Nikkei-225 gauge in Japan advanced 1 per cent. Shares in mainland China were little changed, paring earlier losses that were caused by a US plan to impose levies on Chinese vessels docking at its ports. The New Zealand dollar extended a decline from a five-month high. Most of the other markets in the region were shut for the Good Friday holiday.
Traders are focused more on developments in country-specific discussions, seeking clues on how the tariffs will pan out. After the "big progress" in the Japan-US talks, President Donald Trump said he's "very confident" of a deal with the European Union. Questions surround the status of China talks after Beijing indicated it has several conditions for agreeing to talks with the administration.
This story is from the April 19, 2025 edition of Business Standard.
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