Asian stocks rose modestly on Wednesday, with investors cautious after trade talks between the U.S. and China ended without any substantive agreement and ahead of the Federal Reserve's policy announcement.

The UP World LNG Shipping Index surged 2.98%, outpacing the S&P 500, driven by higher volume and a return above key support. Click here to read my analysis.

Tokyo stocks ended lower Tuesday for a third consecutive trading day on selling amid political uncertainty in Japan and ahead of a U.

A state-run fisheries research institute says this year's Pacific saury stocks in Japan's fishing waters is expected to be as low as the level of last year.

Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.

Carmakers led the rally in Japan, where the Nikkei Stock Average surged 3.5% to its highest level in a year.

U.S. stocks rose to more records following a trade deal between the world’s No. 1 and No. 4 economies. The S&P 500 climbed 0.8% Wednesday, setting another all-time high.

Japanese shares soared on Wednesday after President Donald Trump said he had struck a trade deal with Tokyo. The flagship Nikkei 225 index closed 3.5% higher, with car stocks including Toyota, Honda,

Shares of Japanese automakers surged after U.S. auto tariffs were reportedly lowered to 15% from the current 25%, according to public broadcaster NHK, citing a Japanese official. Stocks of Japan's Honda jumped more than 8%, while Toyota rose above 11%. Nissan jumped over 8%, and Mazda Motor surged over 17%. Mitsubishi Motors popped over 13%.