Asian stocks rally as US-China trade talks spark optimism; US jobs data lifts sentiment; Hang Seng jumps 1.4%
Monday, 9 June 2025 () Asian stocks surged on Monday, fueled by optimism surrounding US-China trade talks in London and robust US jobs data. Despite a contraction in Japan's economy and slowing export growth in China, markets in Tokyo, Seoul, and Hong Kong experienced gains. Wall Street also saw a rally, with the S&P 500 approaching its all-time high.
China says its exports to the US have plummeted ahead of trade talks
China's total exports rose less-than-expected year-on-year, while exports to the US dropped sharply.
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Monday, 9 June 2025 ()
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