A HDR evening shot taken at sunset of the Tokyo skyline.<\/p>\n
Fgm | E+ | Getty Images<\/p>\n
Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China’s President Xi Jinping were set to hold talks next week.<\/p>\n
U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late Friday and then travel to Japan and South Korea, meeting Xi next Thursday<\/a> after speaking at the Asia-Pacific Economic Cooperation CEO Summit, Reuters reported.<\/p>\n Japan’s benchmark Nikkei 225<\/a> index climbed 0.78%, while the Topix added 0.39%. Japan’s core inflation rate accelerated to 2.9% in September<\/a>, the first increase since May and in line with expectations from economists polled by Reuters.<\/p>\n This was higher than the 2.7% seen in August. The core inflation metric in Japan strips out the prices of fresh food but includes energy costs.<\/p>\n Headline inflation in Japan also climbed to 2.9% from 2.7% the previous month.<\/p>\n South Korea’s Kospi jumped 1.35% and the small-cap Kosdaq was 0.92% higher.<\/p>\n Australia’s ASX\/S&P 200 was trading 0.19% higher on open.<\/p>\n Futures of Hong Kong’s Hang Seng Index<\/a> pointed to a stronger open, trading at 26,139 against the index’s previous close of 25,967.98.<\/p>\n Overnight, the three major averages closed higher. The\u00a0S&P 500<\/a>\u00a0climbed 0.58% to close at 6,738.44, boosted by tech stocks, after a batch of strong earnings results.<\/p>\n The\u00a0Dow Jones Industrial Average<\/a>\u00a0traded up 144.20 points, or 0.31%, to finish at 46,734.61. The\u00a0Nasdaq Composite<\/a>\u00a0outperformed, rising 0.89% to settle at 22,941.80, seeing support from the gains in\u00a0Nvidia<\/a>,\u00a0Broadcom<\/a>\u00a0and\u00a0Amazon<\/a>. A nearly 3% jump in shares of fellow artificial intelligence player\u00a0Oracle<\/a>\u00a0also boosted sentiment.<\/p>\n \u2014 CNBC’s Sean Conlon, Pia Singh and Lim Hui Jie contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific…\n","protected":false},"author":2,"featured_media":17719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[8073,116,28,122,157,12,8070,3471,17153,112,7173,12662,1866,21,6132],"class_list":{"0":"post-247339","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asia-economy","9":"tag-breaking-news-markets","10":"tag-business","11":"tag-business-news","12":"tag-chicago","13":"tag-donald-trump","14":"tag-hang-seng-index","15":"tag-japan","16":"tag-karoline-leavitt","17":"tag-markets","18":"tag-nikkei-225-index","19":"tag-osaka","20":"tag-south-korea","21":"tag-united-states","22":"tag-xi-jinping"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/247339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=247339"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/247339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/17719"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=247339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=247339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=247339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}