Asia-Pacific markets largely rise after Wall Street snapped a four-day losing streak

News Snapshot:

Japan -0.65%. Japan services PMI for April 55.4 (prior 54.9). Minutes from Japan’s March monetary policy meeting showed board members were concerned over inflation accelerating at a higher-than-expected pace. China +1.73%. China’s trade surplus is expected to have eased slightly from $88.2 billion in March to $74.3 billion in April, a Reuters poll of economists showed. Hong Kong +0.72%. Australia +0.76%. Australia Business confidence (April) 0 (prior -1) and Conditions +14 (prior +16). Australia Building Permits (March) -0.1% m/m (expected +3.0%). India +0.99%. Overnight in the U.S., major US indices are closing sharply higher with the NASDAQ index leading the...