Market

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

Asia-Pacific Markets Mostly Higher

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 recent tariffs imposed by US President Donald Trump on company performances.

Key Market Movements

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

South Korea's Kospi enjoyed a 0.47% increase by 7:14 am CET, and Australia's S&P/ASX 200 climbed a notable 0.87% by 7:13 am CET. Japanese markets were closed for a public holiday.

Currency Watch

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