Asia markets open mostly higher as key Wall Street benchmarks rise amid fresh Trump tariff threats
Asia-Pacific markets opened mostly higher Thursday, after key Wall Street indexes rose amid fresh tariff threats from U.S. President Donald Trump.
Australia’s S&P/ASX 200 traded 0.37% higher at the open.
Japan’s Nikkei 225 rose 0.32% while the Topix added 0.26%. South Korea’s Kospi slipped 0.2%, while the small-cap Kosdaq climbed 0.26%.
Shares of Japanese convenience store operator Seven & i Holdings fell over 10% after the proposed acquisition by its founding family failed to secure financing, according to a company filing. This comes after the Yomiuri newspaper reported that Seven & i has abandoned the management buyout plan, which was pegged at over 8 trillion yen ($53.69 billion).
Hong Kong’s Hang Seng index futures were at 23,625, weaker than the HSI’s last close of 23,787.93.
Source: CNBC