Asia-Pacific markets were mostly higher Thursday, as Wall Street rose overnight after U.S. President Donald Trump postponed tariffs on certain automakers.
In Japan, the Nikkei 225 index popped 286.69 points, or 0.8%, to 37,704.93.
Yields of Japanese government bond yields have surged, with the 10-year Japanese bond yield hitting its highest level since 2009, data from LSEG showed.
In Hong Kong, the Hang Seng index roared ahead 775.50 points, or 3.3%, to 24,369.71
South Korea’s consumer inflation for February rose 2% year on year, more than Reuters estimates of a 1.95% increase, and slower than the 2.2% gain in January.
CHINA
The CSI 300 in mainland China advanced 53.67 points, or 1.4% to 3,956.24, after Beijing on Wednesday announced plans to raise its fiscal deficit to “around 4%” of GDP, a rare increase that marks a meaningful shift in policy.
In other markets
In Taiwan, the Taiex index retreated 156.47 points, or 0.7%, to 22,715.43.
In Singapore, the Straits Times index moved higher 18.66 points, or 0.5%, to 3,917.06
In Korea, the Kospi gained 18.03 points, or 0.7%, to 2,576.16
In New Zealand, the NZX 50 recovered 16.78 points, or 0.1%, to 12,428.84.
In Australia, the ASX 200 fell 46.4 points, or 0.6%, to 8,094.71
