This is C온라인카지노사이트's live blog covering Asia-Pacific markets.

Hong Kong markets jumped over 2%, leading gains in Asia-Pacific where markets were mostly higher after reports that U.S. Treasury Secretary Scott Bessent and trade representative Jamieson Greer are set to meet with their Chinese counterparts this week.

Japan's benchmark added 0.22% while the Topix rose 0.38%. South Korea's Kospi added 0.32% while the small-cap Kosdaq lost 0.7%.

Australia's benchmark climbed 0.17%.

Hong Kong's rose 2.07% after China's central bank and financial regulators announced sweeping plans to cut key interest rates in an effort to shore up growth in the face of trade worries.

Mainland China's CSI 300 climbed 1.01%.

Bessent and Greer are set to hold talks with Chinese officials in Switzerland this week to address trade and economic issues.

The discussions in de-escalating the trade tensions ignited by Trump, who last month raised tariffs on Chinese goods to 145% while easing levies on most other countries. In response, China .

as investors monitored the latest updates on U.S. trade negotiations and looked toward the  interest rate announcement expected Wednesday afternoon.  added 280 points, or 0.7%.  popped 0.8%, while  rallied 1%.

Overnight stateside, the three major averages closed lower. The  lost 389.83 points, or 0.95%, to close at 40,829.00. The  shed 0.77% and settled at 5,606.91, and the  dipped 0.87% to end at 17,689.66. All three of the major averages posted back-to-back declines.

— C온라인카지노사이트's Hakyung Kim and Pia Singh contributed to this report.

Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues

Treasury Secretary  and U.S. trade representative Jamieson Greer will meet with their  counterparts in Switzerland this week to discuss economic and trade matters, their offices .

The meetings appear to be a major first step for Washington and Beijing to potentially resolve an ongoing  ignited by President Donald Trump.

Trump last month  on Chinese imports to 145% while scaling back so-called reciprocal tariffs on almost all other U.S. trading partners. , which is one of the U.S.'s largest trading partners, retaliated with steep tariffs on U.S. goods.

Read the full story .

—Kevin Breuninger

Market could hit new lows even if Trump dials back China tariffs, Paul Tudor Jones says

Billionaire hedge fund manager Paul Tudor Jones said on C온라인카지노사이트's "" that the stock market could for the year, even if President Donald Trump backs down from the current levels of tariffs on China.

"For me, it's pretty clear. You have Trump who's locked in on tariffs. You have the Fed who's locked in on not cutting rates. That's not good for the stock market," he said.

"We'll probably go down to new lows, even when Trump dials back China to 50%," the hedge fund manager added.

The S&P 500's lowest close this year was 4,982.77 on April 8.

— Jesse Pound