Asian markets were trading higher in early deals on Wednesday tracking positive cues from US markets. US President Biden said it is still possible to reach a deal with Senator Joe Manchin to push the $2 trillion Build Back Better bill through Congress. Japanese shares traded higher after the minutes of the Bank of Japan's October 27-28 meeting showed that board members agreed to take additional easing steps as necessary to support economic recovery. Hong Kong's Hang Seng index rose nearly half a percent as tech stocks gained ground, tracking a rally in U.S.-listed Chinese tech stocks in overnight New York trading.
Nikkei 225 rose 30.49 points or 0.11% to 28,548.08, Straits Times added 2.67 points or 0.09% to 3,087.75, Hang Seng surged 107.55 points or 0.47% to 23,078.88, Taiwan Weighted increased 48.31 points or 0.27% to 17,837.58, KOSPI advanced 6.93 points or 0.23% to 2,981.96, Jakarta Composite gained 15.55 points or 0.24% to 6,569.86 and Shanghai Composite was up by 0.28 points or 0.01% to 3,625.41.
