Asian-Pacific Markets on the Rise

On Thursday, Asian-Pacific markets experienced a positive trend, closely mirroring the gains observed on Wall Street the previous day. This upward movement comes at a time when the United States is deepening its investigations into pharmaceutical and semiconductor imports, with President Donald Trump contemplating additional tariff waivers.

Market Highlights

South Korea's Kospi saw a significant rise of 1.02%, while Hong Kong's Hang Seng and Japan's Nikkei 225 also enjoyed gains of 0.34% and 0.96% respectively. However, the story was mixed in mainland China, with the Shanghai Composite remaining flat and the Shenzhen Composite losing 0.43%. Meanwhile, Australia's S&P/ASX 200 closed 0.25% higher.

Currency Watch

The dollar remained stable against the yen, trading at 143.09450 at 7:12 am CET.