Asia-Pacific markets experienced a downturn on Wednesday, with investors gravitating towards safe havens following U.S. President Donald Trump’s threats of new tariffs on nations opposing the transfer of Greenland to the United States. Spot gold prices increased by more than 1%, reaching a record high of $4,813 per ounce. Hong Kong’s Hang Seng index experienced Read More
On Tuesday, Asia-Pacific markets experienced a decline as investors evaluated the implications of renewed U.S. tariff threats associated with Greenland, which heightened concerns regarding escalating trade tensions with Europe. European states are reportedly deliberating counter-tariffs and more extensive punitive economic measures in reaction to new tariff threats from President Donald Trump, which further exacerbates tensions Read More
On Monday, the majority of Asia-Pacific markets experienced a decline, as investors evaluated the implications of the Trump administration’s recent threats regarding Greenland, alongside the release of significant economic data from China. During the weekend, U.S. President Donald Trump engaged in a heated exchange with European leaders regarding the Arctic territory, issuing threats of tariffs Read More
Asian chip stocks experienced an uptick on Friday following the announcement of a trade agreement between the U.S. and Taiwan, propelling both the island’s market and South Korea’s index to unprecedented levels. Under the agreement, Taiwanese semiconductor companies committed to invest at least $250 billion in U.S. production capacity in exchange for reduced “reciprocal” tariffs. Read More
Asia-Pacific markets exhibited a mixed performance on Thursday as investors evaluated the recent policy decision by the Bank of Korea. South Korea’s central bank maintained its benchmark interest rate at 2.50%, aligning with forecasts, as the recent depreciation of the won has limited the scope for policy easing. The country’s benchmark index experienced an increase Read More
Japanese indexes reached record highs on Wednesday amid speculation that Prime Minister Sanae Takaichi may announce a snap election, potentially scheduled for February. Reports of a sudden election occurring while the Japanese leader experiences significant popularity have intensified the phenomenon known as the “Takaichi trade.” This situation is marked by a depreciating yen, which benefits Read More
Japan’s Nikkei reached an unprecedented peak on Tuesday, as markets adjusted to US Market’s two-day upswing following a public holiday closure. The Nikkei advanced by as much as 3.6%, reaching a historic high of 53,814.79. Meanwhile, the broader Topix increased by as much as 2.4%, reaching a new high of 3,599.31. Prominent Japanese equities experienced Read More
South Korea’s Kospi reached a record closing high on Monday, reflecting a broader increase across Asia-Pacific markets, while investors considered the implications of a potential U.S. intervention in Iran. The Kospi index increased by 0.84%, reaching 4,624.79, whereas the Kosdaq saw a rise of 0.2%, settling at 949.81. Hyundai Glovis experienced a notable increase in Read More
Defense stocks throughout Asia experienced an uptick on Friday as investors remained vigilant regarding persistent geopolitical tensions, particularly in light of the U.S. operation that resulted in the capture of Venezuelan President Nicolás Maduro and President Donald Trump’s renewed initiative to acquire Greenland. Shares of South Korean Hanwha Aerospace experienced an increase exceeding 11%. Poongsan Read More
On Thursday, the majority of Asia-Pacific markets experienced declines following a lower close on US Market, influenced by escalating geopolitical tensions and remarks from U.S. President Donald Trump. U.S. defense stocks experienced a decline following Trump’s assertion that he “will not permit” defense companies to distribute dividends or engage in stock buybacks until they rectify Read More
