Hong Kong and other major stock markets in the Asia-Pacific region traded lower on Wednesday following a rebound a day earlier, as US President Donald Trump’s hefty tariffs on China took effect. The Hang Seng Index slumped 1.6 per cent to 19,815.24 at the noon trading break, the lowest level since January 23. The Hang…
People standing in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong on July 26, 2021, after stocks plunged as tuition firms were hammered by China’s decision to reform the private education sector by preventing them from making profits. Isaac Lawrence | AFP | Getty Images Asia-Pacific…
Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set. Mike Mackinven | Moment Open | Getty Images Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Australia’s S&P/ASX 200…
Japan will start offering digital nomad visas at the end of March, according to The Japan Times. Witthaya Prasongsin | Moment | Getty Images Asia-Pacific markets plunged Monday ahead of U.S. President Donald Trump’s fresh round of tariffs expected later in the week. Japan’s benchmark Nikkei 225 was down 3.43%, after having plunged over 4%, while…
The direction of average tariff rates is up, Barclays says Whether President Trump will indeed soften his approach to tariffs as he has recently suggested is uncertain, but one thing that is clear is that average tariff rates are rising, according to Barclays. “We think the direction of travel is clear: average tariff rates are…
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded higher Wednesday, tracking Wall Street gains on expectations that U.S. President Donald Trump’s tariffs could be softer than expected earlier. Australia’s S&P/ASX 200 opened 0.71% higher. Japan’s Nikkei 225 rose 0.63% at the…
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets rose Tuesday as Wall Street gained overnight on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 climbed 0.53% in early trade. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. Japan’s benchmark Nikkei 225…
Impossiable | Moment | Getty Images Hong Kong markets fell over 2% on Friday as Asia-Pacific markets traded mixed, due to uncertainty around the U.S. economy. Hong Kong’s Hang Seng Index slid 2.12% in its final hour of trade, dragged by healthcare and consumer cyclical stocks, while mainland China’s CSI 300 fell 1.52% to close…
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to…
Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world’s busiest shopping districts. Nikada | E+ | Getty Images Asia-Pacific markets mostly climbed on Monday, with investors keeping a close watch on Chinese equities. Mainland China’s CSI 300 closed 0.24% lower at 3,996.79, while…