Asia stocks set for positive start to the week; China's May trade data ahead

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China's trade data for May is expected to be out at 11:00 a.m. HK/SIN on Monday.

Finance ministers from the Group of Seven over the weekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings.SINGAPORE — Shares in Asia-Pacific looked set for a positive start to kick off a new trading week.

Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 29,200 while its counterpart in Osaka was at 29,140. That compared against theAustralian stocks also looked set for a positive start. The SPI futures contract sat at 7,300, against theIn other developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that

 

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Who buys Asian stocks expect Asian central banks anyway...

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