Asian shares waver ahead of Trump-Xi meet at Osaka G-20

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Shares were wavering in Asia on Monday as investors watched for movement in the China-U.S. trade dispute ahead of a meeting between Presidents Donald Trump and Xi Jinping planned for later this week in Osaka, Japan, at the Group of 20 summit.

Japan's Nikkei 225 index gained 0.2% to 21,302.38 while in Hong Kong the Hang Seng also added 0.2% to 28,538.39. The Kospi in South Korea edged 0.1% higher 2,128.69. Australia's S&P ASX 200 lost 0.1% to 6,643.30 and the Shanghai Composite index declined 0.1% to 2,999.30. Shares fell in Southeast Asia and Taiwan.

The move by the U.S. Commerce Department could complicate talks with Xi aimed at de-escalating the tariffs war between the world's two biggest economies. "That said, neither had things taken any significant step for the worse within the market," she said. The S&P 500 index dipped 0.1% to 2,950.46. The Dow Jones Industrial Average dropped 0.1% to 26,719.13. The Nasdaq composite fell 0.2% to 8,031.71.

 

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