Markets in Asia Pacific advanced on Thursday as investors awaited the meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G-20 summit.
In Japan, the Nikkei 225 regained 251.58 points, or 1.2%, to 21,338.17,
Shares of troubled Apple supplier Japan Display soared 18.33% after Japanese media reported that the tech giant would inject $100 million U.S. into the company.
The Japanese yen traded at 108.07 against the U.S. dollar after weakening from levels below 107.4 yesterday
In Hong Kong, the Hang Seng index jumped 339.44 points, or 1.4%, to 28,621.42.
The Australian dollar was at $0.6991 U.S. after rising from levels around $0.696 in the previous session.
CHINA
In Shanghai, the CSI 300 recouped 40.49 points, or 1.1%, to 3,834.82.
Stocks on Wall Street had traded higher for most of Wednesday’s session after Treasury Secretary Steven Mnuchin told various media outlets he thinks "there’s a path" for the U.S. and China to complete a trade deal. His comment came ahead of a highly-anticipated meeting between Trump and Xi at the G-20 summit in Osaka, Japan later this week.
Trump said Wednesday that a U.S.-China trade deal was possible, but noted he is "very happy with where we are now."
In other markets
In Korea, the Kospi index gained 12.47 points, or 0.6%, to 2,134.32
In Singapore, the Straits Times Index rebuilt 27.35 points, or 0.8%, to 3,328.60
In Taiwan, the Taiex Index picked up 121.35 points, or 1.1%, to 10,773.90
In New Zealand, the NZX 50 restored 23.17 points, or 0.2%, to 10,431.22
In Australia, the ASX 200 regained 25.83 points, or 0.4%, to 6,666.31
