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Trade deal hopes boost Asian markets

STI achieves muted gains of 0.34% but benchmark indices in China, South Korea and New Zealand add more than 1% each

REGIONAL markets gained on Monday, lapping up the possibility of a US-China trade deal as negotiations between the two countries appeared to advance over the weekend.

The US called off a tariff hike planned for this week as China agreed to purchase between US$40 billion and US$50 billion...

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