Most Asian Markets Rise After Trump AI Pledge but China Tariff Woes Return

Daniel ROLAND / AFP

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

Software investment giant SoftBank soared more than nine percent—leading Tokyo-listed chipmakers higher—after the American president said it was included in a new $500-billion venture to build infrastructure for artificial intelligence in the United States.

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