By Kevin Buckland TOKYO (Reuters) -Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday, while bonds slid after Tokyo reached a trade deal with Washington, ending a months-long stalemate.

Japanese car makers led a surge in the Nikkei share average to a one-year peak today, after Tokyo reached a trade deal with Washington, ending a months-long stalemate.

U.S. stocks are rising toward another record following a trade deal between the world’s No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports to the United States. The S&P 500 was 0.

Asian markets are mixed after U.S. stock indexes hit new records on Monday. Oil prices fell and U.S. futures were little changed.

Tokyo stocks edged up Tuesday morning as Japanese Prime Minister Shigeru Ishiba's vow to remain in office despite the ruling coalition's major setback in a national election helped ease concern about political uncertainty.

Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up 3.5% after Japan and the U.S. announced a deal on President Donald Trump's tariffs. The agreement as announced calls for a 15% import duty on goods imported from Japan,

TOKYO (Kyodo) -- A Japanese district court on Tuesday convicted a former deputy president of SMBC Nikko Securities over his role in market manipulation involving the illegal purchase of shares to stabilize stock prices.

Tokyo stocks were lower Friday morning, as earlier rises tracking Wall Street advances were erased by selling to lock in gains after the key Nikkei index climbed above the 40,000 threshold for the first time in two weeks.