Asia markets mostly rise as Taiwan and India stocks hit new record highs

Asia-Pacific markets mostly rose, with the Taiwan Weighted Index crossing the 23,000 mark to hit an all-time high.

Traders in Asia assessed Japan's trade data for May, which showed exports grew 13.5% year on year, while imports grew 9.5% during the same period.Shares of the chipmaker jumped 3.5% overnight on Wall Street and have surged 174% since the beginning of the year. Investors in Asia assessed Japan's trade data for May, with exports beating expectations. Exports grew 13.5% year on year compared with a 13% increase expected by economists polled by Reuters. Imports growth of 9.5%, however, missed expectations of a 10.4% increase.

Investors also digested the Reuters Tankan index reading which showed business confidence among large Japanese manufacturers fell to +6 from +9 in May. On the flip side, business confidence among non-manufacturers climbed to +31 from +26 in May.Other South Korean tech stocks also rose, with LG Electronics jumping 4.13%, while SK Hynix climbed more than 3%. The small-cap Kosdaq reversed earlier gains to fall 0.28%.

The China Securities Regulatory Commission said it would publish new measures to deepen the reform of Shanghai's tech-heavy STAR market,reached new highs, gaining 1.81% to cross the 23,000 mark as heavyweights Hon Hai Precision Industry and Taiwan Semiconductor Manufacturing Corp, gained 4% and 2%, respectively.

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Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands patAsian shares are mostly higher as investors turn their attention to what the Bank of Japan might decide on monetary policy later this week. Shares fell slightly Thursday in Tokyo and Shanghai, but rose in the rest of Asia. U.S.
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