Market Movements in Asia-Pacific

Asia-Pacific markets showed mixed reactions on Friday following United States President Donald Trump's comments on tariffs and the latest inflation data from Japan. Trump emphasized his reluctance to increase tariffs on China further, stating it could deter purchases. Meanwhile, Japan reported a slight slowdown in inflation, from 3.7% in February to 3.6% in March.

Performance Across Key Markets

South Korea's Kospi saw a modest increase of 0.29%, while Japan's Nikkei 225 grew by 0.63%. In contrast, mainland China's Shanghai Composite experienced a slight decline of 0.32%, with the Shenzhen Composite remaining flat. Notably, Australia's S&P/ASX 200 and Hong Kong's Hang Seng were closed for the holidays.