Asian markets experienced a rebound following U.S. President Donald Trump’s retraction of his threat to impose tariffs on European nations concerning Greenland. At the World Economic Forum in Davos, Trump stated that he would refrain from using force to acquire the Arctic island, thereby alleviating concerns regarding potential U.S. military action. He also mentioned that Read More
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
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
Asian defense stocks halted a two-day upward trend in the context of mixed trading across the region, as investors remained engaged in evaluating geopolitical risks following the U.S. strike on Venezuela and the resurgence of discussions surrounding Greenland. In Japan, shares of Kawasaki Heavy Industries experienced a decline of 2.11%. South Korea’s Korea Aerospace experienced Read More
On Tuesday, the majority of Asia-Pacific markets experienced declines, following the ongoing sell-off in the technology sector, driven by concerns surrounding the AI bubble. Nvidia shares experienced a decline of over 1% on Monday in the U.S., relinquishing a portion of the more than 5% increase observed during the previous week. Palantir Technologies, Meta Platforms, Read More
Asia-Pacific markets concluded the trading session predominantly in the red on Wednesday, diverging from US Markets, which experienced gains in key benchmarks following the release of stronger-than-anticipated economic growth figures. Japan’s Nikkei 225 experienced a decline of 0.14%, concluding at 50,344.1, whereas the Topix fell by 0.46%, finishing at 3,407.37. Reports says that the country Read More
Japan’s equities and bond yields surged after the central bank lifted its policy rate to the highest level in three decades, a move taken as inflation has remained persistently above target for nearly four years. The Bank of Japan raised benchmark rates by 25 basis points to 0.75%, the highest since 1995, in line with Read More
Asia-Pacific markets exhibited a mixed performance on Wednesday as investors analyzed Japan’s trade data. In November, Japan’s exports experienced a year-on-year increase of 6.1%, according to data, significantly exceeding the 4.8% average increase surpassing the 3.6% growth recorded in the previous month. Japan’s Nikkei 225 rose 0.26% to close at 49,512.28, while the Topix ended Read More
