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Asian markets settle mostly higher on Tuesday
Jul-08-2025
Asian markets settled mostly higher on Tuesday as US President Donald Trump gave an additional three week grace period for tariff negotiations after unveiling new tariff rates for 14 trading partners. Meanwhile, traders were watching China's key inflation data due on Wednesday to gauge the health of the world's second-largest economy in the face of persistent deflation pressure and trade risks. Japanese shares gained, led by chip-related shares and weaker yen also lifted exporters. Seoul shares extended gains, despite uncertainties over US tariff policies.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,497.48

24.35

0.70

Hang Seng

24,148.07

260.24

1.08

Jakarta Composite

6,904.39

3.46

0.05

KLSE Composite

1,530.14

-7.40

-0.48

Nikkei 225

39,688.81

101.13

0.25

Straits Times

4,047.86

16.00

0.40

KOSPI Composite

3,114.95

55.48

1.78

Taiwan Weighted

22,362.27

-66.45

-0.30

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