Asian Markets Rise as Trump and Xi Prepare for Key Talks

Asian stocks climb ahead of Trump-Xi meeting, with tech gains and trade talks in focus. Oil prices dip amid regional tensions.

Editorial Desk

September 21, 2026 One Min Read

POLICY WIRE — Hong Kong, China — Asian stock markets rose on Monday as investors closely watched developments ahead of the upcoming meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.

Treasury Secretary Scott Bessent reported that discussions with Chinese officials were successful, signaling potential progress on trade and artificial intelligence issues. The positive sentiment extended to technology stocks, with South Korea’s Kospi index climbing 1.8% and major tech firms like Samsung and SK Hynix seeing significant gains.

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Oil prices fell early Monday as vessel traffic increased through the Strait of Hormuz, though tensions in the region remained high. Meanwhile, the U.S. dollar strengthened against the Japanese yen, and bond yields continued to rise as inflationary pressures persisted.

Reporting by Policy-Wire (PW)

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Editorial Desk

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