Market

Trump's AI Push and Trade Threats Shake Asia-Pacific Markets: A Mixed Day of Trading

Market Reactions to Trump's Latest Moves

Following United States President Donald Trump's signing of executive orders to accelerate artificial intelligence (AI) development and his threats to impose tariffs without beneficial trade deals, major stock market indexes in the Asia-Pacific region showed mixed responses on Thursday.

Japan and South Korea's Market Performance

Japan's Nikkei 225 saw a rise of 0.45%, while the dollar weakened against the yen. Conversely, South Korea's Kospi experienced a slight decline of 0.22%.

Australia and China's Trading Day

Australia's S&P/ASX 200 grew by 0.75%, showcasing a positive trend. Meanwhile, in mainland China, the Shenzhen Composite decreased by 0.96%, and the Shanghai Composite remained flat. Hong Kong's Hang Seng slid by 1.21%, marking a significant drop.