Asian stocks advanced on Friday as hints of progress in the U.S.-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown.
MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2%, while Japan's Nikkei rose 0.4%.
Sentiment was also supported by U.S. President Donald Trump’s announcement that his administration would unveil a tax overhaul plan aimed at middle-income households next year.
The United States on Thursday welcomed China's renewed purchases of U.S. farm goods while maintaining the threat of U.S. tariff hikes as the world's two largest economies prepared the ground for talks aimed at breaking the logjam in their trade war.
Source : Reuters