ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Asian stocks end lower after volatile day

Markets pare losses after Trump says Chinese want to return to negotiations

This signboard shows Tokyo stocks down more than 512 points soon after the market opened on Aug. 26 as traders reacted to the big tumble on New York exchanges on Aug. 23. (Photo by Kei Higuchi)

TOKYO -- Stocks in Asia sank on Monday in response to escalating U.S.-China trade tensions, as investors scrambled to safety in the Japanese currency and government bonds.

The markets gyrated as U.S. President Donald Trump tweeted and spoke about his interactions with the Chinese leadership. He told reporters on Monday morning that Beijing is seeking to return to the negotiating table, renewing hopes for an easing of the trade tensions between the two countries. "They want to make a deal," he was quoted as saying by U.S. media. "That’s a great thing."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more