Asian stocks traded mixed in Wednesday’s trade (May 7, 2025) as the US and China are heading for formal trade talks this week, raising hopes of de-escalating the ongoing trade war. The key MSCI Asia ex Japan index traded with gains of 0.28 per cent.
Chinese markets led the gains after the central bank slashed the key policy rate to support the economy, while at the same time lowering the amount of cash banks were required to keep in reserve.
Meanwhile, Hong Kong’s Hang Seng was up 1.1 per cent, while South Korea’s Kospi also traded higher by 0.33 per cent.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.