Tokyo — Asian stocks were steady on Friday amid caution over developments in US-China trade negotiations, while the dollar perched near a five-month peak after the benchmark US treasury yield hit its highest in seven years. Spread-betters expected European stocks to open mixed, with Britain’s FTSE dipping 0.1%, Germany’s DAX rising 0.13% and France’s CAC little changed. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed. The index was headed for a 1% loss this week. Hong Kong’s Hang Seng rose 0.17% and Shanghai climbed 0.3% as some investors bet Beijing and Washington will reach a deal in the latest round of trade talks. Japan’s Nikkei rose 0.35%, South Korea’s Kospi was up 0.3% and Australian stocks dipped 0.2%. Wall Street ended slightly lower on Thursday as investors grappled with US-China trade tensions after US President Donald Trump said that China "has become very spoilt on trade". But helping ease some of the tension, Beijing had offered Trump a pa...
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