Asian stock markets mostly advanced on Tuesday, led by gains in regional tech shares that mirrored strength in U.S. counterparts. Optimism was tempered, however, by lingering concerns over U.S.-China trade tensions and fragile economic indicators.
Japan’s Nikkei 225 added 0.3%, while Hong Kong’s Hang Seng Index surged 1.2%, rebounding from recent losses. Technology stocks outperformed, buoyed by easing U.S. Treasury yields and sustained investor confidence in artificial intelligence demand. Taiwan Semiconductor Manufacturing Co. (TSMC) rose 1% after its CEO acknowledged tariff pressures but reaffirmed robust AI-driven growth.
Electric vehicle shares also rallied. BYD Co. climbed nearly 2%, snapping a six-day losing streak after strong May sales, especially overseas. Li Auto jumped nearly 5%, leading Hang Seng gainers following a Goldman Sachs price target hike.
Chinese markets reopened after a holiday, but the Shanghai Composite and CSI 300 traded flat. Investor caution grew after U.S. President Donald Trump accused Beijing of breaching a trade agreement, claims China firmly denied. Trade talks appeared stalled, dampening hopes for a lasting resolution. Meanwhile, China’s Caixin manufacturing PMI unexpectedly contracted in May, signaling the negative impact of U.S. tariffs and soft overseas demand.
Elsewhere in Asia, Australia’s ASX 200 rose 0.3% as central bank minutes reaffirmed a dovish stance following a recent rate cut. Still, economic data remained weak, with a surprise contraction in company profits and a wider-than-expected current account deficit ahead of key GDP figures.
Singapore’s Straits Times Index edged up 0.1%, while futures suggested a cautious open for India’s Nifty 50 ahead of the Reserve Bank of India’s interest rate decision. Markets expect a 25 basis point cut to support growth amid global headwinds.


South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 



