Business

Asian Stocks Rebound as Investors Assess Impact of Trade War

Asia stocks rebounded as concerns over the possibility of full-scale trade war between the world’s two biggest economies eased. Chinese equity markets reopened after a long weekend.

The MSCI Asia Pacific Index gained 0.8 percent 172.97 as of 12:16 p.m. in Hong Kong, led by gains in healthcare stocks. All of major markets from Japan to South Korea gained except for the Philippines.