Asia Markets Boosted Amid US-China Trade Talks and Economic Measures

Asian markets experienced an uplift on Wednesday following news of impending trade discussions between the US and China set to occur in Switzerland later this week.

In Hong Kong, the benchmark index surged briefly past 2% after Beijing's announcement of interest rate cuts alongside other economic support measures. US futures and oil prices also saw an increase.

Market reactions, however, remained cautious as investors eagerly anticipate the Federal Reserve's policy meeting outcome later today. Meanwhile, US stock performance showed declines amid ongoing uncertainty fueled by recent tariff implementations.

(With inputs from agencies.)