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Asian Stocks Mixed as Traders Await G-20 Summit; U.S.-Iran Tension in Focus By Investing.com



© Reuters.

Investing.com – Asian stocks were mixed in morning trade on Monday as traders remaining cautious ahead of the G-20 summit later this week, where U.S. President Donald Trump and his Chinese counterpart Xi Jinping are expected to discuss trade-related issues, China's gaining 0.2% at 10:30 PM ET (02:30 GMT), while the dropped 0.2%. Hong Kong's climbed 0.4%.

Trump and Xi are expected to be on the sidelines of the G-20 summit in an effort to restart trade talks that broke down last month. The two-day summit gets underway on Friday.

However, just a few days ahead of the summit, the U.S. Put five more Chinese tech entities on a trade blacklist, raising uncertainty of whether a trade deal could be struck.

Trump and his administration persists with continuing the trade war. The U.S. Must pay all tariffs on China if it trades on trade, the newspaper said. Down under, Australia's slipped 0.1

%

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