By Jaspreet Kalra

SINGAPORE (Reuters) -Most Asian stocks rose on Tuesday, buoyed by an extension of a tariff truce between the world’s two largest economies, while Japanese shares hit an all-time peak, powered by tech shares after returning from a long weekend break.

U.S. President Donald Trump extended a tariff truce with China by another 90 days on Monday, staving off triple-digit duties on Chinese goods, a move that was largely expected by investors and markets.

Investor sentiment in recent weeks has been supported by expectations of rate cuts by the U.S. Federal Reserve, resilient U.S. corporate earnings as well as clarity on U.S. trade levies on trading partners.

Japan’s Nikkei climbed to a record high and was last up 2% as the country’s markets reopened after a public holiday on

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