Asia shares jump after U.S. stocks soared to historic gains when Trump paused most of his tariffs

News Snapshot:

Asian shares surged in Thursday trading, with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ‘s decision to back off on most of his tariffs. Analysts had expected the regional comeback given that U.S. stocks had one of their best days in history Wednesday on a euphoric Wall Street, where investor hopes had run high that Trump would tone down the tariffs. On Thursday, Japan’s benchmark Nikkei 225 jumped 8.2 per cent in morning trading to 34,302.05, zooming upward as soon as trading began. Australia’s S&P/ASX 200 soared...