On Tuesday, most Asian stocks increased as investors processed news regarding President Trump’s less severe tariff plans. This relief comes alongside lingering doubts over targeted tariffs, which are set to impact about 15 countries.

Regional Market Highlights:

• China:
  While there was a rebound driven by advancements in domestic AI, profit-taking in major tech stocks caused Hong Kong’s Hang Seng index to fall by 2%.
• Japan:
  Japanese indices reflected mixed performance, with the Nikkei 225 rising by 0.7% due to export-oriented stocks benefiting from a weaker yen.
• Australia & Other Markets:
  Australia’s ASX 200 saw an uptick of 0.4%, and Singapore’s Straits Times surged to record highs.

Investor sentiment appears buoyed by these developments; however, the road ahead remains bumpy with mixed indicators clouding the economic outlook.