Trump-Xi meeting: Asian stock markets surge after confirmation; US-China trade tensions expected to ease

Oct 24, 2025 - 17:30
Trump-Xi meeting: Asian stock markets surge after confirmation; US-China trade tensions expected to ease

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Asian markets rallied Friday, buoyed by the upcoming Trump-Xi meeting, easing trade war fears. Japan's Nikkei surged on tech gains and inflation data, while South Korea's Kospi hit a record. Wall Street also climbed, driven by oil price spikes following US sanctions on Russia and strong corporate earnings. Gold prices dipped slightly.

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