Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains.

Global stock markets were up—along with the dollar—with sentiment further buoyed by the prospect that the Trump administration will announce a trade-deal framework with the U.K.

Treasury Secretary Scott Bessent will meet Chinese officials this week in Switzerland to discuss trade matters.

President Donald Trump said he will raise the case of ex-media mogul Jimmy Lai as part of US trade talks with China, a move likely to antagonize Beijing just days before the two sides meet.

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will both travel to Geneva, Switzerlandare scheduled to meet later this week with Chinese representatives on trade and economic matters,

Treasury Secretary Scott Bessent will lead the U.S. negotiations on trade with China, an administration official said Wednesday. The confirmation, while not unexpected, signals the importance the administration is placing on the negotiations as President Donald Trump’s trade war with China begins wreaking havoc on U.