Asian Shares Mixed as U.S. Says Trade Deal With China Ready



Asian shares meandered in a narrow range on Friday despite another session of record highs on Wall Street. There was little apparent reaction Friday after U.S. Treasury Secretary Steven Mnuchin said that a preliminary trade deal with China was ready for signing in early January. Mnuchin told CNBC that he was “very confident” the deal would help rebalance trade and open Chinese markets to more American products and services. Japan’s Nikkei 225 index edged 0.1% lower to 23,840.41 and the S&P ASX 200 in Australia lost 0.3% to 6,816.30. The Shanghai Composite index shed 0.2% to 3,012.02. Hong Kong’s Hang Seng index climbed 0.3% to...

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