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Swelling trade hopes lift Asian markets

US and China expected to reach "phase one" deal; Straits Times Index rises 0.38 per cent or 12.23 points to 3,248.63

ASIAN markets ended higher on Tuesday, following a record-setting session for US markets as the US and China showed signs of nearing a trade war truce.

The "phase one" deal is expected to forestall tariffs scheduled for Dec 15, but according to the Financial Times, the Trump...

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