Asian stocks closed mostly higher as markets digested the U.S. Supreme Court ruling on tariffs. Trump’s announcement of a uniform 15 percent tariff has potential benefits for some Asia-Pacific economies, but uncertainty remains if new tariffs are imposed. Gold prices fell due to a stronger U.S. dollar, while oil prices rose on supply concerns. China’s Shanghai Composite surged, while Hong Kong’s Hang Seng dropped. Japanese markets advanced, led by fiber-cable makers. Seoul stocks hit a record high, driven by gains in the technology sector. Australian markets closed marginally lower. U.S. stocks fell sharply after Trump’s tariff announcement, with the Dow, Nasdaq, and S&P 500 all declining.

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