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U.S., Asian shares climb amid trade hopes; dollar slips

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - Stocks in the United States and Asia rallied on hopes for improving trade relations between the U.S. and China, while the U.S. dollar weakened for a fourth straight session against a basket of currencies.U.S. President Donald Trump pledged on Sunday to help ZTE Corp "get back into business, fast" after a U.S. ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes trade talks this week.Growing trade tensions have worried investors, with concerns about a global trade war feeding into increased ...

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First Published: Mon, May 14 2018. 21:06 IST