Market

Asian Markets Show Resilience Amid Global Earnings Focus and Tariff Tensions

Asian Markets Edge Higher Amid Global Earnings Watch

In a display of resilience, markets across the Asia-Pacific region traded mostly higher on Tuesday afternoon. Investors are keenly focusing on corporate earnings reports from around the globe, while also gauging the potential impact of recent tariffs imposed by US President Donald Trump on corporate performances.

Regional Market Highlights

Hong Kong's Hang Seng index saw a modest increase 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% at 7:15 am CET.

South Korea's Kospi experienced a 0.47% rise by 7:14 am CET. Australia's S&P/ASX 200 outperformed with a 0.87% climb at 7:13 am CET. Notably, Japan's markets were closed in observance of a public holiday.

Currency Movements

On the currency front, the dollar strengthened against the yen, marking a 0.32% increase to trade at 142.4880 by 7:16 am CET.