Asia markets open higher after Trump vows to significantly raise tariffs on India

Asia markets open higher after Trump vows to significantly raise tariffs on India


Opening calls

Happy Tuesday from Singapore. Asia markets are poised for a mixed open.

Australia’s S&P/ASX 200 was set to start the day higher with futures tied to the benchmark at 8,701, compared with its last close of 8,663.70.

Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Osaka last traded at 40,610 against the index’s last close of 40,290.70.

However, futures for Hong Kong’s Hang Seng Index stood at 24,708 pointing to a weaker open compared with the HSI’s last close of 24,733.45.

— Lee Ying Shan

Stocks close out first session of the week in positive territory following Friday’s sell-off

All the three major averages soared into the green on Monday, with the Dow Jones Industrial Average recouping its losses from Friday’s session.

The blue-chip index climbed 585.06 points, or 1.34%, to finish the day at 44,173.64.

Additionally, the broad market S&P 500 and the tech-heavy Nasdaq Composite rocketed higher by 1.47% and 1.95%, ending at 6,329.94 and 21,053.58, respectively.

— Sean Conlon



Source

New York Fed President Williams sees room for ‘further adjustment’ to rates
World

New York Fed President Williams sees room for ‘further adjustment’ to rates

John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images New York Federal Reserve President John Williams said Friday he expects the central […]

Read More
Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan
World

Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan

This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil […]

Read More
European stock sell-off reignites as global volatility drags on; regional tech stocks hit 2-month low
World

European stock sell-off reignites as global volatility drags on; regional tech stocks hit 2-month low

City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images LONDON — European markets resumed their sell-off on Friday, as U.S. tech stock volatility spills over the Atlantic once again. By 10:48 a.m. in London (5:48 a.m. ET), the pan-European Stoxx 600 […]

Read More