Asian markets rise as reports boost hopes for trade deal

Asian markets mostly rose Monday on growing optimism for a trade deal between China and the United States after reports said the two sides were close to a breakthrough. The Wall Street Journal said negotiations last month had narrowed key differences and an agreement could be ready for signing at a summit between Donald Trump and Xi Jinping in late March. The newspaper, as well as Bloomberg News, also said Beijing had tentatively agreed to lower tariffs or ease certain restrictions, work quicker to open up its auto market and increase its purchases of US goods.

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