Asian markets settled mostly higher on Thursday after a US federal trade court blocked President Donald Trump's 'Liberation Day' import tariffs from going into effect. Chinese shares gained, despite reports that the US government has imposed new export restrictions on a range of goods shipped to China. Japanese shares rose as a weaker yen lifted exporters. Seoul shares rallied, led by gains in tech shares following strong earnings from US chip giant Nvidia Corp. Meanwhile, the Bank of Korea cut its interest rates for the fourth time in the current easing cycle and flagged more cuts ahead amid heightened political uncertainty in the country and renewed concerns over Trump's sweeping tariffs.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,363.45 | 23.52 | 0.70 |
| Hang Seng | 23,573.38 | 315.07 | 1.34 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,518.98 | -4.50 | -0.30 |
| Nikkei 225 | 38,432.98 | 710.58 | 1.85 |
| Straits Times | 3,916.84 | 4.92 | 0.13 |
| KOSPI Composite | 2,720.64 | 50.49 | 1.86 |
| Taiwan Weighted | 21,347.30 | -10.42 | -0.05 |
