Asia-Pacific markets rise as investor sentiment picks up on Trump’s EU tariffs deadline extension

Gyeonggi Province Bridge Over River With Buildings Against Sky, South Korea

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Asia-Pacific markets rose Monday as investors welcomed U.S. President Donald Trump’s extended deadline on the imposition of 50% tariffs on imports from the European Union.

Japan’s benchmark Nikkei 225 started the day 0.49% higher while the broader Topix index added 0.45%.

In South Korea, the Kospi index advanced 0.55% in early trade while the small-cap Kosdaq gained 0.95%.

Over in Australia, the benchmark S&P/ASX 200 started the day flat.

Futures for Hong Kong’s Hang Seng index stood at 23,479, pointing to a weaker open compared to the HSI’s Friday close of 23,601.26.

— CNBC’s John Melloy and Lisa Kailai Han contributed to this report.

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