[MARKET UPDATE] Asia-Pac stocks begin mostly higher following the fresh record levels on Wall St, although Japanese stocks lag amid frictions with China after the latter imposed export controls on dual-use items to Japan

Asia-Pac stocks begin mostly higher following the fresh record levels on Wall St, although Japanese stocks lag amid frictions with China after the latter imposed export controls on dual-use items to Japan.

The Asian markets are opening mostly higher, buoyed by recent gains in the U.S. markets, signaling a positive sentiment. However, the underperformance of Japanese stocks, due to rising tensions with China over export controls on dual-use items, introduces potential downside risks and could weigh on market dynamics going forward.