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• Asia shares recouped early losses and crept higher on Tuesday as China made a fresh attempt to stabilize its stock markets, but the gains looked fragile amid fears of a sharp escalation in the U.S.-China trade war.

MSCI’s broadest index of Asia-Pacific shares outside Japan swung in and out of negative territory in morning trade and was up 0.2 percent by midday.

• Japan’s Nikkei rose on Tuesday as investors bought cheaply-valued cyclical stocks and firms raising their annual forecasts, which tempered fresh worries about U.S.-China trade frictions that dragged down U.S. shares.

The Nikkei share average ended 1.5 percent higher to 21,457.29, posting the biggest daily gain since mid-August. It opened lower following overnight weakness on Wall Street where big technology and internet shares declined sharply.

• Shares in China rose on Tuesday, rebounding from Monday’s plunge after the securities regulator said it would enhance market liquidity, and despite a report that tariffs on all remaining Chinese imports to the U.S. could come sooner than expected.

The CSI300 index bounced 0.96 percent to 3,106.53 points at the end of the morning session after falling 3 percent on Monday, while the Shanghai Composite Index gained 0.72 percent to 2,560.38points after Monday’s 2.2 percent drop. Both indexes reversed early session losses that had seen the Shanghai Composite down as much as 0.8 percent and the CSI300 down as much as 0.85percent.

China’s securities regulator said Tuesday that it would enhance market liquidity, and encourage share buybacks and mergers and acquisitions by listed firms, the latest in a string of official statements aimed at boosting markets.

But adding to woes over global trade, the United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, Bloomberg reported on Monday.