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Asia Markets: Asian markets rise on renewed hopes of trade truce emerging from G-20 meeting

Asian markets gained in early trading Thursday, as investors focused on optimistic signs ahead of Saturday’s meeting between Presidents Donald Trump and Xi Jinping at the G-20 summit.

The meeting is undoubtedly the economic highlight of the summit, held in Osaka, Japan, on Friday and Saturday. Investors hope that the presidents will move toward resolving a trade dispute that has raised business costs and weighed on global financial markets.

Trump has said he was prepared to place tariffs on $300 billion more in Chinese imports, covering everything China ships to the United States, if the talks with Xi don’t end in progress.

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