Asian stocks reversed early losses as traders juggled continuing doubts about the prospects for progress on trade with signs of China stimulus and moves to end the U.S. government shutdown. The yen slid as the Bank of Japan cut its inflation outlook. Shares in Hong Kong, China and Korea led the turnaround, even after all major U.S. benchmarks declined. White House adviser Lawrence Kudlow said that negotiations scheduled for next week will be “very, very important” and “determinative.” Meantime, the Senate scheduled a vote for Thursday on Democratic-backed legislation to reopen the government, the first sign of a possible way out of the shutdown. China’s central bank pumped liquidity into the banking system through a new tool . - Bloomberg

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