Asian markets edged higher on Tuesday, lifted by gains in auto stocks after US President Donald Trump suggested he might ease tariffs on vehicles.
Asian stock markets edged up on Tuesday (15 April), supported by a surge in auto stocks after US President Donald Trump hinted at a possible easing of tariffs on vehicles.
In South Korea, the benchmark Korea Composite Stock Price Index (KOSPI) opened 0.35% higher at 2,464.51 points. In Tokyo, Japan’s Nikkei share average rose 1.1% at the opening, reaching 34,349.01 points.
Chinese stocks opened mixed, with the Shanghai Composite Index down 0.07% at 3,260.68 points, while the Shenzhen Component Index gained 0.02% to open at 9,886.1 points.
Global markets have been volatile over the past week following Trump’s shifting statements on tariffs. Over the weekend, the United States exempted smartphones and computers from new “reciprocal” tariffs, though Trump warned that levies would be introduced eventually. This move followed a 90-day postponement of most global tariffs.
The IMF has lowered global and U.S. economic growth forecasts, citing Trump-era tariffs and rising uncertainty. Global growth is expected at 2.8% this year, while U.S. growth may slow to 1.8%, with heightened recession and inflation risks.
As trade tensions with the United States reach new heights, China has issued a firm rebuke to the Trump administration’s proposed tariffs of up to 245% on Chinese imports, dismissing the measures as a “tariff numbers game” and vowing not to yield to external pressure.
Chinese President Xi Jinping urged EU unity against tariff "bullying" during Spanish PM Sanchez’s visit, calling for deeper China-EU ties to defend globalization and economic stability amid escalating trade tensions with the U.S.
U.S. President Donald Trump will impose an additional 84% tariff on all Chinese imports starting Wednesday, raising the total tariff rate to at least 104%, according to White House Press Secretary Karoline Leavitt.
In response to the recent imposition of substantial U.S tariffs on Chinese imports, several American companies are actively relocating their manufacturing operations to mitigate financial risks and maintain competitive pricing.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
Pope Francis, the first Latin American pope and a transformative figure in the Roman Catholic Church, has passed away at the age of 88, the Vatican confirmed in a video statement on Monday.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
The IMF has lowered global and U.S. economic growth forecasts, citing Trump-era tariffs and rising uncertainty. Global growth is expected at 2.8% this year, while U.S. growth may slow to 1.8%, with heightened recession and inflation risks.
The 18th meeting of the Joint Commission on Economic Cooperation between Iran and Russia is scheduled to take place in Moscow from April 23 to 25. The event aims to strengthen bilateral collaboration across a wide range of sectors.
The Russian rouble surged past 81 to the U.S. dollar on Thursday, marking a 40% increase since the beginning of 2025.
In response to President Donald Trump's sweeping new tariffs, a number of global companies are eyeing expansion into the United States to minimize the economic fallout from the trade measures.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
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