Most markets rise as China-US truce extended, inflation in focus

A display showing the Nikkei share average is pictured inside a financial building in Tokyo, Japan, August 12, 2025. REUTERS/Kim Kyung-Hoon

HONG KONG: Asian markets mostly rose Tuesday (Aug 12) as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

Donald Trump's widely expected trade announcement avoids the reimposition of sky-high levies and allows officials from Washington and Beijing to continue talking into November to settle their standoff.