Asian stocks jump as historic Trump-Kim summit begins

US dollar also spiked

Asian equities rallied in overnight trading as US President Donald Trump and North Korean Leader Kim Jong Un met in Singapore, the first time leaders from the two countries have held face-to-face meetings.

Japan's Nikkei 225 and Topix indices both rose 0.4% to 22,902 points and 1,794 points respectively, while Hong Kong's Hang Seng index climbed 0.5% to 31,213 points. The US dollar was also on the rise following the beginning of the summit, up 0.2% to ¥110.295 against the yen, a currency which typically tends to slide when geopolitical risk cools. Liontrust's Williams: Why Korea is on the podium for our fund's exposure Following years of threats from North Korea and more recently from Trump, the two nations have finally agreed to meet at the diplomatic table with the US pushing for N...