Market

Asian Markets Show Resilience Amid Global Earnings Focus and Trump Tariff Concerns

Asian Markets on the Rise

In Tuesday's afternoon trading, markets across the Asia-Pacific region mostly trended upwards. Investors are keenly watching corporate earnings reports from around the world and assessing the potential impacts of the tariffs recently imposed by US President Donald Trump on company performances.

Market Highlights

Hong Kong's Hang Seng saw a rise of 0.40% by 7:12 am CET. Meanwhile, in mainland China, the Shanghai Composite remained flat, and the Shenzhen Composite edged up by 0.23% by 7:15 am CET.

South Korea's Kospi enjoyed a 0.47% increase by 7:14 am CET. Over in Australia, the S&P/ASX 200 climbed a notable 0.87% by 7:13 am CET. Notably, Japan's markets were closed due to a public holiday.

Currency Movements

The dollar strengthened against the yen, gaining 0.32% to reach 142.4880 by 7:16 am CET.