Tokyo — Asian stocks shook off initial modest losses and edged up on Monday, ahead of a historic US-North Korea summit that investors hope might pave the way to ending a nuclear standoff on the Korean peninsula.Stocks wobbled in early trade after US President Donald Trump raised fresh fear of a global trade war when he backed out of a joint Group of Seven communiqué at the weekend, in a blow to the group’s efforts to show a united front.The S&P 500 futures were almost flat after dropping as much as 0.3%. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped early but was last up 0.25%. Hong Kong’s Hang Seng gained 0.3% while the Shanghai composite index fell 0.3%. South Korea’s Kospi added 0.5%, and Japan’s Nikkei climbed 0.7%."What took place at the G7 weekend was within the scope of earlier expectations. And while the countries disagreed on trade, they did seem to show a unified front on the North Korean issue, so there is also a positive element from the G7 affecting...
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