Asian stocks reach record highs after US extends trade war truce with China
Japanese and Australian equities hit fresh highs after Trump signs executive order to continue talks for 90 days
Japanese and Australian equities hit fresh highs after Trump signs executive order to continue talks for 90 days

US leader postpones new tariffs on world’s biggest exporter for another 90 days

Agreement removes threat of full-blown trade war between Washington and Brussels

Wall Street stocks roar back from April’s sell-off, buoyed by resilient economy and share buybacks

Equities rally in chipmaker-heavy Japan, South Korea and Taiwan

Escalation is averted for now, but underlying source of friction remains

Chinese artificial intelligence advances and the effects of Trump’s trade war have boosted markets outside the US