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Latin Times
Latin Times
Business

Markets Rise After Trump AI Pledge But China Tariff Fears Return

Asian equity markets tracked losses in the S&P 500 and Dow. (Credit: 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 10 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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