Market

Asia-Pacific Markets Rise as Investors Eye US Trade Moves and Earnings Reports

Asia-Pacific Markets Respond to US Trade Developments

On Friday, the Asia-Pacific stock markets experienced an uplift, mirroring the positive momentum from Wall Street. This surge came after US President Donald Trump announced a plan for reciprocal tariffs without immediate enforcement. Investors are closely monitoring US trade policies and the latest earnings reports from key regional companies.

Key Players and Market Movements

Among the companies drawing attention are Nissan, Honda, Sony, and SoftBank, all of which have released their earnings reports this week. In terms of market performance, Japan's Nikkei 225 saw a slight decline, while mainland China's Shanghai Composite and Shenzhen Composite experienced modest gains. Notably, Hong Kong's Hang Seng and South Korea's Kospi showed significant increases, with Australia's S&P/ASX 200 also closing higher.

Currency Movements

In currency news, the dollar slightly decreased against the yen, indicating the ongoing impact of trade policies on currency values.