Wednesday, 23 July 2025
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Asia-Pacific markets open higher after Trump hails Japan trade deal
Wednesday, 23 July 2025 07:31 WIB | MARKET UPDATE |Asia

Asia-Pacific markets opened higher after U.S. President Donald Trump announced that he had completed a "massive Deal" with Japan, which set tariffs of 15% on the country's exports to the U.S.

Overnight, the U.S. benchmark S&P 500 rose to another record high.

Japan's benchmark Nikkei 225 rose 1.71% at the open, while the Topix climbed 1.87% as of 9.09 a.m. Japan time (8.09 p.m. ET Tuesday).

South Korea's Kospi added 0.89% and the small-cap Kosdaq was 0.22% higher.

Australia's S&P/ASX 200 rose 0.34%.

Source: CNBC

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