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[hfe_template id='11223'] [ad_1] Asian stocks edged up and US equity-index futures erased losses Friday after China said it’s evaluating possible trade talks with the US. The MSCI Asia Pacific Index gained 0.1% after China’s Ministry of Commerce said it’s evaluating negotiations. Japanese shares gained 1.1% on positive comments from Japan’s chief trade negotiator. Futures contracts for the S&P 500 reversed earlier losses to gain 0.2%. News of trade talks between China and the US helped reverse weak sentiments after disappointing results from Apple Inc. and Amazon Inc. had hurt sentiments early Friday. Strong tech earnings had largely driven optimism on Wall Street along with expectations that trade deals will offer many countries a reprieve from the highest tariffs unveiled April 2. Traders will turn their attention to the US jobs report that releases Friday, the last piece of significant data this week. “Results from Amazon and Apple are a bit of a damper on the mar...

[hfe_template id='11223'] [ad_1] Hong Kong and China stocks reversed earlier declines on Friday and narrowed the week's losses, thanks to rally led by chip shares and potential state buying, despite the escalating trade war with the U.S. The Hang Seng Index jumped more than 2% in afternoon trading, reversing an earlier fall of as much as 1.2%. The tech subindex climbed 3%. Chipmakers were among the biggest winners, with Hua Hong Semiconductor rallying as much as 20% and peer SMIC climbing more than 9%. On the mainland, the Shanghai Composite Index and the blue-chip CSI 300 Index also reversed losses to climb 0.6% and 0.5% respectively. The CSI Semiconductor Industry Index led gains onshore with a jump of more than 4%. Live Events The gains in the afternoon session have helped both Hong Kong and mainland markets to recover some ground from a heavy selloff earlier in the week. U.S. President Trump paused most of his "reciprocal" tariffs on Wednesday, thou...