Japanese stocks rise sharply, Japan says the United States will end additional tariffs.

Asian stocks see mixed results, with Japanese stocks performing the best. The Nikkei 225 index rose over 2%, as Japan's chief trade negotiator stated that the US has confirmed it will end tariff increases and lower tariffs on cars. SoftBank soared to a record high in intraday trading, as its bets on artificial intelligence helped turn its quarterly profits. The MSCI Asia-Pacific index rose 0.4% to 209.72 points. The Nikkei 225 index rose 2% to 41898.49 points. The US dollar/Japanese yen rose 0.12% to 147.31 yen.