US EditionAsia-Pacific markets rise as China evaluates trade talks with the U.S.
- China's Commerce Ministry announced on May 2, 2025, that Beijing is evaluating offers from the U.S. To discuss tariffs and trade.
- This followed recent U.S. Initiatives where senior officials expressed willingness to negotiate and conveyed information through relevant channels.
- Meanwhile, U.S. Stock markets rose, led by strong earnings from Microsoft and Meta, with Wall Street’s S&P 500 index gaining 0.6% to 5,604.14 amid optimism about tariff negotiations.
- Microsoft’s revenue rose 13% fueled by cloud computing and AI, while Meta surpassed analyst targets and its shares increased 4.2%, supporting the market rally.
- Optimism over potential tariff reductions stemming from U.S.-China discussions helped alleviate fears of a slowing economy and boosted markets across the Asia-Pacific region, with Hong Kong’s main stock index rising sharply by nearly 2%.
12 Articles
12 Articles
Asian shares rise as China says it's considering U.S. overtures on Trump's tariffs
Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong's Hang Seng surged 1.8% to 22,518.32 while markets in Shanghai were closed for a public holiday. Taiwan's benchmark jumped 2.7%. An unnamed…
Asian shares rise as China considers US overtures on tariffs
HONG KONG — Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the US regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong’s Hang Seng surged 1.8 percent to 22,518.32 while markets in Shanghai were closed for a public holiday. Taiwan’s benchmark jumped 2.7 percent. An unnamed
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