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
On Tuesday, Asia-Pacific markets experienced a decline, lacking significant catalysts, following the overnight increase of two major indexes driven by optimism in the technology sector. Amazon’s stock experienced a 4% increase following a $38 billion agreement with OpenAI, a strategic decision that will leverage hundreds of thousands of Nvidia’s graphics processing units. Nvidia experienced an Read More
