Asian shares gained for the fourth successive month in December as appetite for ...
- Asian shares gained for the fourth successive month in December as appetite for regional shares improved after the U.S. and China agreed on a preliminary deal to end their 17-month long trade war.
FILE PHOTO: A board shows stock information at a brokerage office in Beijing, China January 2, 2020. REUTERS/Jason Lee The MSCI’s broadest index of Asia-Pacific shares .MIAP00000PUS gained 4.2% in December, compared with the month’s gains of about 3.4% for the MSCI’s global share index .MIWD00000PUS.The United States and China agreed on a deal on Dec. 13 that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods. The deal is expected to be signed on Jan 15.
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