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

Asian markets update: Stocks rise despite Wall Street’s tariff turmoil

by March 12, 2025
by March 12, 2025

Asian stocks mostly gained on Wednesday, diverging from Wall Street’s choppy session as regional investors brushed off concerns over US trade policy shifts under President Donald Trump.

While Wall Street wavered on tariff uncertainty and recession fears, key Asian indices rebounded, led by strong performances in Japan and South Korea.

Japan’s Nikkei 225 rose 0.29%, while the Topix index gained 0.94%, recovering from losses in the previous session.

Nissan’s stock climbed 0.87% after CEO Makoto Uchida announced his resignation, paving the way for Ivan Espinosa to take over on April 1.

The automaker recently ended merger talks with Honda, but reports suggest discussions may resume after Uchida steps down. Honda shares dipped 0.21%.

South Korea’s Kospi index jumped 1.60%, with the Kosdaq advancing 1.64%, signaling investor confidence despite global uncertainties.

However, Hong Kong’s Hang Seng Index remained flat, while China’s CSI 300 slipped 0.27%.

Chinese government bond yields edged higher, with the 10-year yield hovering around 1.94% and the 30-year yield at 2.05% after crossing the 2% mark on Monday.

Tech stocks were in focus, with Robosense surging 18.28% in Hong Kong, while jewelry retailer Chow Tai Fook gained 7.15%.

Meanwhile, Australia’s S&P/ASX 200 slid 1.41%, tracking Wall Street’s losses.

India’s February inflation report is due later today, with economists expecting a sharp slowdown to 3.98% from 5.68% in January, which could influence the Reserve Bank of India’s monetary policy outlook.

Overnight, US markets tumbled as Trump’s surprise tariff hike on Canadian steel and aluminum—raising duties to 50% from 25%—rattled investors.

The S&P 500 fell 0.76% to 5,572.07, slipping into correction territory.

The Dow Jones Industrial Average lost 478 points (1.14%) to close at 41,433.48, while the Nasdaq Composite dipped 0.18% to 17,436.10.

Despite Wall Street’s weakness, Asia-Pacific markets showed resilience, with investors weighing global risks against regional growth prospects.

The post Asian markets update: Stocks rise despite Wall Street’s tariff turmoil appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump-backed bill to avert government shutdown passes House despite mutiny threats
next post
Wall Street slumps as Trump’s tariff turmoil continues to weigh on markets

Related Posts

Asian markets open: Nikkei hits another record high,...

October 7, 2025

Top reasons why the Topix and Nikkei 225...

October 7, 2025

Goldman Sachs boosts 2026 gold price forecast to...

October 7, 2025

Beijing intensifies oil stockpiling amid global supply and...

October 7, 2025

Trump’s new 25% truck tariff targets imports from...

October 7, 2025

CAC 40 Index outlook: Understanding the decline and...

October 7, 2025

DAX Index analysis: Why German stocks are rising...

October 7, 2025

Europe markets open: Stoxx 600 flat, CAC 40...

October 7, 2025

LG India’s $1.3B share sale highlights record IPO...

October 7, 2025

Trilogy Metals shares soar over 200% as White...

October 7, 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

  • The OECD’s Warning to America: Economic Growth Is Slipping

    October 7, 2025
  • Semiconductor Giants with Tech-Industrial Ambitions

    October 7, 2025
  • Will Bitcoin Strengthen or Weaken US Dollar Dominance?

    October 7, 2025
  • Asian markets open: Nikkei hits another record high, Sensex up 140 pts

    October 7, 2025
  • Top reasons why the Topix and Nikkei 225 indices are soaring

    October 7, 2025
  • Goldman Sachs boosts 2026 gold price forecast to $4,900 amid strong demand

    October 7, 2025

Editors’ Picks

  • 1

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

    February 21, 2025
  • 2

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

    February 20, 2025
  • 3

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

    February 23, 2025
  • 4

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

    March 1, 2025
  • 5

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

    February 25, 2025
  • 6

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

    March 1, 2025
  • 7

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025

Categories

  • Economy (2,804)
  • Editor's Pick (280)
  • Investing (185)
  • Stock (1,914)
  • 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

Okta stock price forecast after earnings: will...

August 27, 2025

Best blue-chip ETFs to buy as Donald...

March 30, 2025

Inside Robinhood’s ‘apocalypse’ team: Vlad Tenev reveals...

August 15, 2025