Asian equity benchmarks are trading in green on Wednesday after the United States decided to ease some tariffs on Chinese goods, fueling hopes for a trade deal between the two nations. Japan's Nikkei traded higher with the softer safe heaven yen in line with the positive cues from Wall Street overnight. Besides, an upbeat Japan’s core machinery orders data in June also buoyed sentiments.
Nikkei 225 rose 192.42 points or 0.94% to 20,647.86, Straits Times up 7.09 points or 0.23% to 3,153.82, Hang Seng gained 135.33 points or 0.54% to 25,416.63, KOSPI Index increased 14.34 points or 0.74% to 1,940.17, Taiwan Weighted surged 95.82 points or 0.92% to 10,458.48, Jakarta Composite up 40.15 points or 0.65% to 6,251.11, Shanghai rose 21.79 points 0.78% to 2,819.05, and FTSE Bursa Malaysia KLCI jumped 7.84 points or 0.49% to 1,600.72.
