Major stock market indexes in the Asia-Pacific region traded higher on Thursday after United States President Donald Trump temporarily suspended his reciprocal tariffs on most countries, lowering them to 10% for 90 days, while raising those on China to 125%. Meanwhile, China revealed its inflation rate in March declined by 0.1% year-on-year.

Japan's Nikkei 225 soared by 8.51% or 2,697 points at 6:14 am CET as the US dollar lost 0.70% to the yen to sell for ¥146.7125. South Korea's Kospi jumped by 5.80% or 133 points. A minute later, Australia's S&P/ASX 200 surged by 4.58% or 337 points.

In mainland China, the Shanghai Composite increased by 0.79% at 7:00 am CET, and the Shenzhen Composite grew by 2.32%. In Hong Kong, the Hang Seng rose by 2.54% or 512 points at 7:16 am CET.