samxmeg Japan (NKY:IND) -0.33% reaching its highest level in over three months as a weak yen fueled speculation that the Bank of Japan may hike interest rates further. China (SHCOMP) +0.97% recouping losses from the previous session as the threat of more tariffs on Chinese goods under a second Donald Trump presidency raised hopes of more aggressive stimulus measures from Beijing. China's trade data for October shows a jump in exports. Hong Kong (HSI) +0.82% rebounding from a downbeat session. Retail sales in Malaysia rose by 5.5% Y/Y in September. Foreign exchange reserves in Indonesia climbed to a record high of $151.2B in October. The Philippine economy expanded by 1.7% Q/Q in the three months ending September 2024.The Philippine GDP expanded by 5.2% Y/Y in Q3. India (SENSEX) -0.87% Australia (AS51) +0.33% continued to digest the implications of Donald Trump’s US presidential election victory. Australia's trade balance shows smaller surplus than expected. Major U.S. equity averages soared on Wednesday, with the so-called Trump Trade lighting up after Republican Party leader Donald Trump won re-election to the White House. Markets also were turning their attention to the Federal Reserve’s decision on interest rates, due later in the day. U.S. stock futures moved higher on Thursday: Dow +0.20%; S&P 500 +0.12%; Nasdaq +0.19%.