Shares of Australia's Abacus Storage King soared to a nearly six-month high after it received an unsolicited takeover offer from a consortium, valuing the firm at A$1.93 billion ($1.16 billion).

Good morning. Donald Trump’s car tariffs were felt in the market yesterday, but unevenly. Big US carmakers GM and Ford were down, as were international brands such as Toyota, Honda and Kia.