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Asian stocks gain on hopes of progress in US-China trade talks

Updated : March 29, 2019 10:24 AM IST

MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5 percent while Japan's Nikkei added 1 percent.
The mood was brightened after US officials said China has made proposals in trade talks with the United States on a range of issues that go further than it has before, including on forced technology transfer.
The 10-year US bond yield edged up to 2.391 percent from a 15-month low of 2.352 percent touched on Thursday after an almost relentless fall since the Fed's dovish tone last week had investors more worried about the economic outlook.

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