Nikkei Gains as US-China Trade Talks Ease Tariff Concerns

Published on 10/27/2025 at 02:57 am EDT
(MT Newswires) -- Japanese shares ended higher on Monday as signs of easing U.S.-China trade tensions lifted risk appetite, after top officials from both countries outlined a draft deal for leaders Donald Trump and Xi Jinping to review later this week in South Korea.
The Nikkei 225 rose 2.46%, or 1,212.67 points, to end at 50,512.32.
U.S. Treasury Secretary Scott Bessent said trade talks in Kuala Lumpur removed the threat of 100% U.S. tariffs on Chinese imports set for Nov. 1 and that China will likely delay its rare earth licensing rules by a year.
He said both sides reached a "successful framework" ahead of Trump and Xi's meeting at the APEC summit in South Korea, with plans to extend the tariff truce and resume U.S. soybean purchases. U.S. Trade Representative Jamieson Greer said the talks also aimed to boost access to Chinese rare earths and reduce the trade gap.
On the corporate front, Sony, which rose 0.9%, has ruled out acquiring Warner Bros. Discovery, Nikkei Asia reported, citing CEO Hiroki Totoki. He said large Hollywood deals are not part of Sony's current strategy, with the company instead focusing on its anime and gaming businesses.
Toyota Tsusho, which ended 2.1% higher, injected 8.19 billion yen into its Ghana-based unit, Toyota Tsusho Manufacturing Ghana Co. Limited, lifting its capital to 9.38 billion yen. The unit, which assembles vehicles in Tema, is fully owned by subsidiary CFAO SAS.
i-mobile, which ended 2.3% higher, said donor activity on its Furunavi hometown tax platform surged through September, boosted by last-minute demand before rule changes, higher prices, and increased promotions. The company said it will comply with new regulations effective October while supporting local aid projects in Osaka and Ibaraki.

Sumber : MT Newswires