On Tuesday, shares of South Korean automotive firms experienced an uptick following the announcement by U.S. Secretary of Commerce Howard Lutnick, who confirmed that the reduced U.S. auto tariffs of 15% on South Korea would be applied retroactively, effective from November 1. “We are also removing tariffs on aeroplane parts and will ‘un-stack’ Korea’s reciprocal Read More
Markets in the Asia-Pacific region exhibited a mixed performance on Friday, as U.S. stock futures remained unchanged during Thanksgiving Day, positioning the Nasdaq Composite to conclude a seven-month streak of gains. Market participants in Asia will analyze newly released economic data, including the inflation figures from Tokyo, which serve as a key indicator of the Read More
Markets in the Asia-Pacific region experienced an uptick on Wednesday, following the upward momentum observed, fueled by optimism regarding a potential reduction in benchmark interest rates by the U.S. Federal Reserve in December. Expectations increased following a report indicating that White House National Economic Council Director Kevin Hassett is viewed as the leading candidate for Read More
On Monday, the Asia-Pacific markets exhibited a mixed performance following indications from New York Federal Reserve President John Williams that a third rate cut could be on the horizon this year. On Friday, Williams indicated that the Federal Reserve might consider reducing its key interest rate, as the fragility of the labor market presents a Read More
On Tuesday, the Asia-Pacific markets experienced a downturn, primarily driven by decreases in the benchmark indexes of Japan and South Korea, in the wake of a technology-driven decline. Japan’s benchmark Nikkei 225 experienced a decline of 3.22%, closing at 48,702.98, while the Topix saw a decrease of 2.88%, finishing at 3,251.1. South Korea’s Kospi experienced Read More
On Monday, Asia-Pacific markets exhibited a mixed performance as investors evaluated the escalating tensions between Japan and China, following Beijing’s advisory to its citizens regarding travel and study intentions in Japan. Japan’s benchmark declined by 0.1% to finish at 50,323.91, while the Topix experienced a loss of 0.37% at 3,347.53, driven by a downturn in Read More
