Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets. U.S. futures edged higher and oil prices declined. Investors in Asia were relieved on Monday after Trump decided not to immediately impose significant tariffs on China.

On an overall basis, global fund managers expect less than 5 per cent return from Asia ex-Japan stocks in the next one year, BofA Securities' survey findings suggest.

Wall Street's main indexes rose on Tuesday, with the S&P 500 and the Dow closing at their highest levels in more than a month as investors assessed Donald Trump's first actions as US president and were encouraged that he did not start his second term with blanket tariff increases.

World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high.

Asian Shares Track Wall St's Strong Finish Ahead of Trump's Inauguration BANGKOK (AP) — Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months,

Asia-Pacific markets trade higher on Monday following a positive conversation between Donald Trump and Chinese leader Xi Jinping ahead of the US President-elect’s inauguration. A surge on Wall Street Friday due to a jump in tech stocks also boosted sentiment.

U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.