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The Independent UK
The Independent UK
National
Yuri Kageyama

Asia shares climb after China and the US say they have a framework for seeking a trade deal

Japan Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares mostly rose Wednesday after China and the U.S. said they had reached agreement on a framework for following up on the trade truce reached last month in Geneva.

Japan's benchmark Nikkei 225 surged 0.5% in morning trading to 38,385.37. Data from the Bank of Japan data showed wholesale inflation slowed in May, meaning there might be less pressure for the central bank to raise interest rates in its next policy board meeting.

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