Stocks, Yuan Rise on U.S.-China Trade Optimism: Markets Wrap

Equity benchmarks rose in Japan, Hong Kong and South Korea, and the Aussie ticked higher. News that Canada granted bail to the chief financial officer of China’s Huawei Technologies Co. -- arrested at the behest of the U.S. -- helped bolster sentiment. President Donald Trump added to the positive mood, telling Reuters he’d consider intervening in the case if it helped get a China deal, and would meet with President Xi Jinping if needed to advance trade talks.

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