Most Japanese shares rose as investors looked past trade tension between the U.S. and China and focused on the strength of the global economy.
Topix little changed at 1,703.78 as of 9:40 a.m. in Tokyo; gainers outpace decliners by almost two to one while Nikkei 225 added 0.3% to 21,362.92. Yen added 0.1% to 106.47 per dollar; fell 0.7% on Tuesday.
Electronics and automakers were the biggest boosts to the Topix index. The yen held onto most of its losses against the dollar on Tuesday amid a risk-on mood in U.S. markets fueled by speculation that President Donald Trump’s policies won’t disrupt global trade and growth. Traders also awaited China’s response after the U.S. issued its list of products proposed for tariffs.