• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Asia-Pacific stocks slide as Trump tariffs, Bank of Korea rate cut weigh on sentiment

by February 25, 2025
by February 25, 2025

Asia-Pacific markets fell on Tuesday as renewed trade war concerns and monetary policy shifts dampened investor sentiment.

Wall Street’s overnight losses, triggered by US President Donald Trump’s tariff policies, fueled risk-off trading, while South Korea’s central bank cut interest rates to 2.75% to support its slowing economy.

Major indices across the region declined, reflecting heightened uncertainty over global trade and economic growth.

Japan’s Nikkei 225 dropped 1.34%, with the Topix down 0.72%.

In South Korea, the Kospi slipped 0.5%, while the Kosdaq lost 0.44%.

Australia’s S&P/ASX 200 fell 0.87%, and Hong Kong’s Hang Seng Index tumbled 1.94%, weighed by a continued pullback in Chinese tech stocks.

The CSI 300, tracking mainland China’s biggest firms, dipped 0.88%.

The Bank of Korea delivered a widely expected 25-basis-point rate cut, lowering its benchmark rate to 2.75% from 3%.

The move comes amid South Korea’s ongoing political instability, following the impeachment proceedings against President Yoon Suk Yeol.

The South Korean won weakened slightly to 1,430.1 per US dollar after the decision.

Overnight, US equities extended last week’s losses as Trump’s tariff announcements continued to weigh on sentiment.

The S&P 500 fell 0.5% to 5,983.25, while the Nasdaq Composite dropped 1.21% to 19,286.92.

The Dow Jones Industrial Average eked out a 33.19-point gain, closing at 43,461.21.

Trump reaffirmed plans to implement tariffs on Canada and Mexico after a one-month delay, raising concerns over global trade disruptions.

Buffett boosts Japanese trading houses

Japanese trading firms saw gains after Warren Buffett reaffirmed Berkshire Hathaway’s commitment to increasing its stakes in the sector.

Mitsubishi jumped 8%, while Itochu climbed 6.76%. Marubeni and Sumitomo gained 7.01% and 6.07%, respectively, with Mitsui edging up 0.75%.

Buffett confirmed that Berkshire’s ownership in these firms would rise beyond its previous 10% cap, fueling a rally in the sector.

Nissan slumps amid merger fallout

Nissan shares plunged as much as 9% before paring losses to 7.72% after failed merger talks with Honda and renewed US tariff threats.

The automaker is one of the most vulnerable to Trump’s proposed tariffs on Mexico, second only to Volkswagen in terms of exposure, according to S&P Global Mobility.

With trade tensions escalating and monetary policies shifting, Asian markets remain under pressure, with investors closely watching for further developments in the U.S.-China trade landscape and South Korea’s political climate.

The post Asia-Pacific stocks slide as Trump tariffs, Bank of Korea rate cut weigh on sentiment appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Gold dips on Tuesday, but analysts say $3,000/oz is within reach
next post
Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

Related Posts

Citi downgrades CEG stock despite Constellation Energy’s big...

June 5, 2025

Asian markets open: Kospi +1.72%, Nikkei -0.12% on...

June 5, 2025

SPYI ETF: Is this 12% yielding JEPI rival...

June 5, 2025

Citigroup to cut 3,500 technology jobs in China...

June 5, 2025

EU watchdog accuses Shein of ‘dark’ practices to...

June 5, 2025

European markets open: Stoxx 600 gains ahead of...

June 5, 2025

Laopu Gold’s HK$1,000 share price tests rally as...

June 5, 2025

India’s energy transition accelerates as coal declines and...

June 5, 2025

Top 2 reasons why the Wise share price...

June 5, 2025

CoreWeave stock is firing on all cylinders: get...

June 4, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Can Florida Eliminate Property Taxes?

    June 5, 2025
  • The Spiritual Battle Between Communism and Capitalism

    June 5, 2025
  • Citi downgrades CEG stock despite Constellation Energy’s big deal with Meta

    June 5, 2025
  • Asian markets open: Kospi +1.72%, Nikkei -0.12% on US data; Sensex flat pre-RBI policy

    June 5, 2025
  • SPYI ETF: Is this 12% yielding JEPI rival a good fund to buy?

    June 5, 2025
  • Citigroup to cut 3,500 technology jobs in China as part of global revamp

    June 5, 2025

Editors’ Picks

  • 1

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,357)
  • Editor's Pick (142)
  • Investing (165)
  • Stock (873)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Yoon Suk Yeol impeachment: what investors need...

April 4, 2025

Why Tesla stock is sliding another 4%...

April 12, 2025

iDEGEN goes live on BitMart today: here’s...

March 4, 2025