 "trade war")
Signs of movement in the US-China trade stand-off and a bumper interest rate hike in emerging market (EM) trouble spot Turkey sent global shares higher on Thursday, as risk appetite returned.
News that US President Donald Trump’s administration had sent feelers to Beijing for a new round of trade talks rallied Asian stocks after several torrid weeks, which included the region’s longest losing streak since 2000.
Shanghai, Tokyo and Jakarta stocks all gained around 1 per cent and Hong Kong's Hang Seng closed up 2.5 per cent as China’s yuan also edged higher.
Europe followed, with 0.2-0.6
News that US President Donald Trump’s administration had sent feelers to Beijing for a new round of trade talks rallied Asian stocks after several torrid weeks, which included the region’s longest losing streak since 2000.
Shanghai, Tokyo and Jakarta stocks all gained around 1 per cent and Hong Kong's Hang Seng closed up 2.5 per cent as China’s yuan also edged higher.
Europe followed, with 0.2-0.6
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