Asian shares surged in early Thursday trading, with Japan's benchmark jumping more than 2,000 point almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump's decision to back off on most of his tariffs.
Analysts had expected the regional comeback given that US stocks had one of its best days in history on a euphoric Wall Street Wednesday, where investor hopes had run high that Trump would tone down the tariffs.
Japan's benchmark Nikkei 225 jumped 8.8% in morning trading to 34,510.86, zooming upward as soon as trading began.
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