Asian markets settled mostly higher on Wednesday tracking Wall Street’s gains overnight and as a softer-than-expected US inflation data helped reduce concerns of a possible interest-rate hike by the Federal Reserve in the near term. South Korea's Kospi jumped over 6%, led by SK Hynix Inc after its American depositary receipts surged 27%. However, overall gains were limited after the release of weak China GDP data and amid growing concerns that the United States and Iran may return to an all-out war. After announcing a reversal of plan to charge a 20% toll on cargo passing through the Strait of Hormuz, US President Donald Trump warned that the United States would strike bridges and power plants next week unless Tehran returns to the negotiating table.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,955.58 | -11.55 | -0.29 |
| Hang Seng | 24,681.10 | 340.37 | 1.40 |
| Jakarta Composite | 6,041.97 | 2.45 | 0.04 |
| KLSE Composite | 1,713.76 | -6.18 | -0.36 |
| Nikkei 225 | 68,751.51 | 1,008.01 | 1.49 |
| Straits Times | 5,559.72 | 64.11 | 1.17 |
| KOSPI Composite | 7,284.41 | 427.58 | 6.24 |
| Taiwan Weighted | 45,631.59 | 893.64 | 2.00 |
