Tokyo — Asian stocks rose in step with their global peers while safe-haven bonds retreated on Tuesday, as signs that Sino-US trade hostilities might be easing helped restore investor confidence after the previous session’s rout.

Supporting the market mood, US President Donald Trump on Monday flagged the possibility of a trade deal with China and said he believed Beijing was sincere in its desire to reach an agreement. Global markets had been roiled at the start of the week by new tariffs from the world's two largest economies...

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