Asia-Pacific markets traded mostly in rise on Thursday tracking gains on Wall Street and driven by easing concerns over a global trade war, after the US and China adopted more restrained tariff measures,

Asian shares were mostly lower Wednesday as markets mulled the impact of tariffs being imposed by the United States and China. The Hang Seng dropped 0.6% to 20,659.41, while the Shanghai Composite lost 0.

Asian markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.