Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Australia Jobs Growth Strengthens Rate Hike Outlook 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Asian stocks showed a mixed performance on Wednesday as uncertainty surrounding U.S. President Donald Trump’s trade policies unsettled global markets. Equities in Australia and Malaysia led losses, while South Korean shares rebounded following a modest recovery in U.S. tech giants.
Wall Street’s major indexes extended their steepest sell-off in months on Tuesday after Trump unexpectedly raised tariffs on Canadian steel and aluminum imports to 50%, only to revert to the original 25% hours later. The abrupt shift rattled investor confidence, fueling market volatility.
Asian markets, highly sensitive to global trade tensions, reacted negatively. As of 02:37 GMT, China’s Shanghai Composite slipped 0.2%, while the CSI 300 lost 0.3%. Hong Kong’s Hang Seng index remained largely flat. Malaysia’s KLCI fell 1.5%, and the Philippines’ PSEi dropped 1.2%.
Australia’s S&P/ASX 200 tumbled 1.6% intraday, briefly entering correction territory, before trading 1.3% lower at 7,786.30. Australian Prime Minister Anthony Albanese confirmed that despite Trump’s decision to apply the 25% tariffs globally, Australia would not impose reciprocal measures.
South Korea’s KOSPI rose 1.6%, driven by strong gains in Samsung Electronics (+2.1%) and SK Hynix (+4.5%). The sector followed a rebound in U.S. tech stocks, including NVIDIA, Broadcom, and Tesla, after heavy losses earlier this week.
Japan’s Nikkei 225 added 0.3% after hitting a six-month low in the previous session, while the TOPIX gained 0.9%. India’s Nifty 50 futures edged up 0.2%.
Investors remain cautious as shifting U.S. trade policies add to global market uncertainties, affecting sentiment across Asian markets.
