After some initial sluggishness, Asia-Pacific stocks generally improved as Wednesday’s trading day progressed. But there were no blowout gains occurring, with nearly all rising indexes up no more than 0.5% and many seeing advances of 0.2% of less.

The overnight bounce in the U.S. helped, along with earnings news both local and overseas, including Apple’s

AAPL, +0.20%

  strong earnings report.

Japan’s Nikkei

NIK, +0.86%

  rose 0.5% a day after the Bank of Japan maintained its ultraloose monetary policy. Honda

7267, +2.95%

  shares jumped after reporting an 11% increase in first-quarter operating profit, which took most analysts by surprise. The news drove gains across much of the sector, along with a weaker yen. Toyota

7203, +1.29%

 , which reports earnings Friday, was up 1%.

South Korea’s Kospi

SEU, +0.51%

  rose 0.4% although Apple suppliers such as Samsung

005930, +0.65%

  and LG Innotek

011070, -0.31%

  gave up some of their early gains. Taiwan’s Taiex

Y9999, +0.37%

  rose as Apple manufacturer Foxconn

2354, +1.71%

  gained more than 1%.

Stocks in China retreated amid a report that President Donald Trump’s advisers are urging 25% tariffs on $200 billion of Chinese goods. The Shanghai Composite

SHCOMP, -1.80%

  slid 0.3% while the smaller-cap Shenzhen Composite

399106, -1.72%

  fell about as much. Hong Kong’s Hang Seng Index

HSI, -1.16%

  dipped 0.2%, as Apple supplier Sunny Optical

2382, -2.32%

  gave up almost all of its post-Apple-earnings bounce.

Australia’s benchmark index

XJO, -0.07%

  overcame early losses to eke into positive territory amid weakness in commodity stocks. Oil Search Limited

OSH, +0.56%

  was down 0.4% while mining giant BHP Billiton

BHP, +0.63%

  gained about 1%. Stocks in New Zealand

NZ50GR, -0.70%


Malaysia’s benchmark

FBMKLCI, +0.02%

  was down slightly after having risen 16 of the past 17 days, while Singapore’s Strait Times Index

STI, +0.24%

  was up slightly.

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