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Asia Markets: Asian markets rise after Trump postpones deadline for trade deal

Most Asian stock markets rose Monday after President Donald Trump said he would postpone a March 1 deadline for a U.S. tariff hike on Chinese imports following weekend talks on a battle over Beijing’s technology ambitions.

The Shanghai Composite Index SHCOMP, +3.32% gained 3.3% and the smaller-cap Shenzhen Composite 399106, +4.08% jumped 4%. Tokyo’s Nikkei 225 NIK, +0.46% added 0.5%. Sydney’s S&P-ASX 200 XJO, -0.06% and Seoul’s Kospi SEU, -0.14% were both about flat. Hong Kong’s Hang Seng HSI, +0.24% advanced 0.2%. Taiwan Y9999, +0.48% also gained while New Zealand NZ50GR, +0.38% declined.

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