Asian markets traded mostly higher in early deals on Wednesday, buoyed by the strong rally in technological sector stocks with its global counter partners and on easing concerns over artificial intelligence (AI) disruptions. Renewed optimism ahead of highly anticipated quarterly results from AI bellwether Nvidia, scheduled for later on Wednesday, also buoyed position taking. Meanwhile, global trade conflict eased after the US Supreme Court voided key tariff measures, while India’s Commerce Ministry bolstered optimism by signalling a return to the negotiating table. Japan’s Nikkei soared with the support from a sharp weakening of the yen, after the Bank of Japan Governor Kazuo Ueda, Prime Minister Sanae Takaichi reportedly expressed disapproval of the central bank's plans for further interest rate hikes.

Nikkei soared by 1,481.91 points or 2.59% to 58,803.00, Hang Seng rose by 199.68 points 0.75% to 26,790.00, Taiwan weighted jumped by 510.30 points or 1.47% to 35,211.12, KOSPI Index surged by 170.35 points or 2.85% to 6,139.99, Jakarta Composite enlarged by 42.22 points 0.51% to 8,323.05, and Shanghai Composite lifted by 43.05 points or 1.05% to 4,160.46.

On the flip side, Straits Times down by 6.78 points or 0.14% to 5,014.01, and FTSE Bursa Malaysia KLCI index dipped by 0.54 points or 0.03% to 1,753.47.