Market

Asian Markets Show Resilience Amid Global Earnings Focus and Trade Tensions

Asia-Pacific Markets Edge Higher Amid Global Earnings Focus

Investors in Asia-Pacific markets showed cautious optimism on Tuesday, with most indices trading higher as the global corporate earnings season unfolds. Attention is also riveted on the potential impact of recent U.S. tariffs imposed by President Donald Trump on corporate performances.

Regional Market Highlights

Hong Kong's Hang Seng rose by 0.40%, while in mainland China, the Shanghai Composite remained flat and the Shenzhen Composite added 0.23%. South Korea's Kospi saw a 0.47% increase, and Australia's S&P/ASX 200 climbed 0.87%. Notably, Japan's markets were closed for a public holiday.

Currency Movements

On the currency front, the dollar strengthened against the yen, gaining 0.32% to trade at 142.4880.