After a turbulent three days, Asian markets have found stability as stocks recover from steep declines. Measures from the Chinese government and positive comments from Treasury Secretary Bessent have helped restore investor confidence.
After a tumultuous trading session, Asia's financial markets are showing signs of optimism, with Japan's Nikkei leading the gains. Analysts attribute this rebound to a natural market bounce and developments in US-China trade relations.
Asian shares tumbled drastically following President Trump's tariff hikes, triggering panic among investors and fears of a global recession. With Wall Street's worst crisis since COVID, market volatility is expected to persist.
Stock markets across the Asia-Pacific region have plunged for a second consecutive day following President Trump's announcement of new tariffs affecting 180 countries, igniting fears of a global trade war and economic downturn.
Tokyo stocks experienced a dramatic drop on the last day of Japan's fiscal year, with the Nikkei index plunging 4% to a seven-month low, fueled by fears over U.S. tariffs impacting the economy.