India, July 8 -- Asian stocks ended mostly higher on Tuesday as U.S. President Donald Trump gave an additional three-week grace period for tariff negotiations after unveiling new tariff rates for 14 trading partners.
The dollar fell, while gold was steady as investors weighed Trump's new tariff threats and global growth risks. Oil traded lower after a decision by OPEC+ to restore more idled capacity.
China's Shanghai Composite Index climbed 0.7 percent to 3,497.48, with banks rallying as investors hunted for yield. Hong Kong's Hang Seng Index jumped 1.1 percent to 24,148.07.
A weaker yen lifted Japanese stocks, with the Nikkei 225 Index closing up 0.3 percent at 39,688.81, led by chip-related stocks. The broader Topix Index settled 0.2 p...