Asian markets sigh with relief over ease in nuclear tensions

Asia's stock markets cheered with hope that North Korea nuclear tensions might be easing.

The thaw in relations between the US and the north korean pennisula gave a little boost to markets in the region.

Hong Kong's Hang Seng ended 1.1% higher and China's mainland indexes also made small gains.

Seoul's Kospi index also closed at 1.1% ahead and Japan's Nikkei finished trading with a minor lift of 0.5% after making early gains of 2.5%.

China’s January trade with North Korea fell to its lowest level since June 2014, the latest sign that China has kept up pressure on its neighbor in line with UN trade sanctions.

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By: Euronews (56244.30)

Tags: Other News

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