Market Reactions Across Asia

Investors across Asia are on high alert as US President Donald Trump prepares to announce new tariffs, set to take effect today. Dubbed "liberation day" by Trump, April 2 marks a significant escalation in trade measures that could impact all countries, including major US trade partners.

Stock Performance Highlights

In mainland China, the Shanghai Composite saw a modest increase of 0.24%, while the Shenzhen Composite rose by 0.50%. Meanwhile, the Australian S&P/ASX 200 remained unchanged, and South Korea's Kospi experienced a slight decline of 0.26%.

Hong Kong's Hang Seng enjoyed a 0.55% uptick, whereas Japan's Nikkei 225 showed no movement. The dollar also saw a minor increase against the yen, trading at ¥149.7930.