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Japan stocks set to rise as investors watch U.S. coronavirus stimulus negotiations

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The Trump administration and Democrats made progress in negotiations on Tuesday but major differences remain, according to White House chief of staff Mark Meadows.

Shares of Cathay Pacific in Hong Kong will be watched following a report that the airline has agreed to scale back planned job cuts to around 6,000 worldwide and cut its Cathay Dragon sister brand.

The Trump administration and Democrats made progress in coronavirus stimulus negotiations on Tuesday but major differences remain, according to White House chief of staff Mark Meadows. On the coronavirus vaccine front, Moderna's CEO Stephane Bancel expects interim results from the firm's Covid-19 vaccine trial in November, according to The Wall Street Journal.

SINGAPORE — Stocks in Japan were set to open higher as investors continue to watch for developments on U.S.Futures pointed to a higher open for stocks in Japan. The Nikkei futures contract in Chicago was at 23,630 while its counterpart in Osaka was at 23,590. That compared against the

 

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