Asian markets settled mostly higher on Wednesday tracking Wall Street’s gains overnight after data showed consumer inflation rose less than expected in April, while investors are awaiting more clarity on ongoing trade talks. China lifted a ban on airlines taking delivery of Boeing planes after the United States and China reached a temporary truce in their trade war. The United States said it will reduce the ‘de minimis’ tariff on low-value Chinese goods, according to an executive order. Hong Kong shares gained, led by tech shares, while investors shifted their focus to corporate earnings. Although, Japanese shares declined as investors booked profits from a recent rally.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,403.95 | 29.08 | 0.85 |
| Hang Seng | 23,640.65 | 532.38 | 2.25 |
| Jakarta Composite | 6,979.88 | 147.08 | 2.11 |
| KLSE Composite | 1,583.51 | 1.12 | 0.07 |
| Nikkei 225 | 38,128.13 | -55.13 | -0.14 |
| Straits Times | 3,871.05 | -10.00 | -0.26 |
| KOSPI Composite | 2,640.57 | 32.15 | 1.22 |
| Taiwan Weighted | 21,782.87 | 452.73 | 2.08 |
