Asian markets settled mostly higher on Wednesday, tracking Wall Street’s gains overnight and as US bond yields dipped ahead of FOMC meeting and US PCE data and digested US President Donald Trump’s latest comments. Japanese markets gained as Donald Trump announced a major $500 billion AI infrastructure project in US in collaboration with SoftBank, Oracle, and OpenAI, while yen slipped after reports suggested the Bank of Japan remains on track to raise interest rates on Friday. However, Chinese and Hong Kong shares fell on signs of rising tensions between the world's largest economies after US President Donald Trump threatened tariffs on the EU and China to address trade imbalances and combat fentanyl trafficking.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,213.62 | -29.00 | -0.90 |
| Hang Seng | 19,778.77 | -327.78 | -1.66 |
| Jakarta Composite | 7,257.13 | 75.31 | 1.04 |
| KLSE Composite | 1,587.80 | 7.34 | 0.46 |
| Nikkei 225 | 39,646.25 | 618.27 | 1.56 |
| Straits Times | 3,781.21 | -14.16 | -0.37 |
| KOSPI Composite | 2,547.06 | 29.03 | 1.14 |
| Taiwan Weighted | 23,525.41 | 225.40 | 0.96 |
