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Asia stocks edge up, investors cautious on U.S.-China trade talks

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade negotiations, while the dollar was perched near a five-month peak against a basket of currencies thanks to the benchmark U.S. Treasury yield topping a seven-year high.MSCI's broadest index of Asia-Pacific shares outside Japan was 0.05 percent higher. The index was headed for a 1 percent loss this week.Japan's Nikkei rose 0.2 percent, South Korea's KOSPI was up 0.25 percent and Australian stocks edged up 0.05 percent.Wall Street ended slightly lower ...

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First Published: Fri, May 18 2018. 06:30 IST