Asian Stocks Edge Higher in Thin Holiday Trading: Markets Wrap

Asian stocks notched up small gains as investors largely adopted a wait-and-watch approach on tariff negotiations before taking long-term bets.

The Nikkei-225 gauge in Japan advanced 1%. Shares in mainland China were little changed, paring earlier losses that were caused by a US plan to impose levies on Chinese vessels docking at its ports. The New Zealand dollar extended a decline from a five-month high. Most of the other markets in the region were shut for the Good Friday holiday.

Traders are focused more on developments in country-specific discussions, seeking clues on how the tariffs will pan out. After ...