Trump, Xi Focus on Trade and AI at White House Summit 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Fed Unveils Stablecoin Rules Under GENIUS Act 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
South Korea, US Discuss Warship Building Cooperation 
Add as a preferred source on Google
Asian stock markets delivered a mixed performance on Monday as uncertainty surrounding U.S. President Donald Trump’s trade tariffs dampened investor sentiment. Trading volumes remained thin due to market holidays in China and Japan, adding to cautious market activity across the region.
Hong Kong’s Hang Seng Index emerged as the top performer, surging 2.7% as bargain hunters stepped in following last week’s sharp declines. Gains were led by technology, industrial, and automobile stocks, with investors targeting companies linked to artificial intelligence growth. Market attention also turned to mainland China, where exchanges are set to reopen after the week-long Lunar New Year holiday, an event that typically boosts economic activity.
South Korea’s KOSPI index climbed more than 1% to reach a record high, supported by strong gains in semiconductor stocks. Samsung Electronics and SK Hynix drove the rally amid growing optimism over AI-driven demand for advanced memory chips. Reports suggesting Samsung could secure a significant supply agreement with Nvidia for high-performance AI memory chips further strengthened sentiment. Nvidia’s upcoming earnings report is also in focus, as the chipmaker remains a bellwether for global AI and semiconductor trends.
Despite positive cues from Wall Street’s previous session—where stocks advanced after the U.S. Supreme Court limited Trump’s ability to impose tariffs under emergency economic powers—markets stayed cautious. President Trump responded by announcing a 10% universal tariff under a separate law and later increased it to 15%. S&P 500 Futures fell 0.7% during Asian trading hours, reflecting lingering concerns over escalating trade tensions.
Elsewhere in Asia, Singapore’s Straits Times Index edged up 0.4%, while Australia’s ASX 200 declined 0.5%. India’s Nifty 50 futures slipped 0.4%. Safe-haven assets such as gold and the Japanese yen attracted stronger inflows as investors weighed the potential impact of renewed U.S. trade tariffs on global markets.
