Asia-Pacific markets rise after key Wall Street indexes gain overnight

Asia-Pacific markets rise after key Wall Street indexes gain overnight


Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set.

Mike Mackinven | Moment Open | Getty Images

Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout.

Japan’s benchmark Nikkei 225 started the day 0.67% higher, while the broader Topix index was up 0.95%.

Japanese markets fell into correction territory in the previous session, with the Nikkei 225 falling 4.05% to end the day at a six-month low.

The Kospi index advanced 1.03% at the open while the small-cap Kosdaq added 1.12%.

Australia’s S&P/ASX 200 was up 0.67%, ahead of the Reserve Bank of Australia’s policy meeting later in the day. The central bank is widely expected to stand pat on interest rates at 4.1% as the country heads to the polls on May 3.

Futures for Hong Kong’s Hang Seng index stood at 23,237 pointing to a stronger open compared to the HSI’s Monday close of 23,119.58.

— CNBC’s Brian Evans and Lisa Kailai Han contributed to this report.



Source

European companies are jumping on the defense bandwagon as EU plans security splurge
World

European companies are jumping on the defense bandwagon as EU plans security splurge

From cruise ships to telecommunications, European companies are finding ways to increasingly pivot to military contracts as they seek to cash in on a defense boom that’s sweeping the continent. Europe’s defense sector has exploded in value this year, with the industry’s publicly listed companies riding a wave of bullish sentiment that has seen some […]

Read More
New U.S. assessment finds American strikes destroyed only one of three Iranian nuclear sites
World

New U.S. assessment finds American strikes destroyed only one of three Iranian nuclear sites

A satellite view shows an overview of Fordow underground complex, after the U.S. struck the underground nuclear facility, near Qom, Iran June 22, 2025. Maxar Technologies | Via Reuters WASHINGTON — One of the three nuclear enrichment sites in Iran struck by the United States last month was mostly destroyed, setting work there back significantly. […]

Read More
Sweden’s Volvo Cars pops 10% on quarterly profit beat
World

Sweden’s Volvo Cars pops 10% on quarterly profit beat

Volvo vehicles seen outside a Volvo dealership in Edmonton, AB, Canada, on February 02, 2025. Nurphoto | Nurphoto | Getty Images Shares of Sweden-based automaker Volvo Cars rose more than 10% on Thursday as the company’s second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline. Volvo Cars, which is owned by China’s Geely […]

Read More