Asian Markets Mixed as Trump’s Tariff Deadline Approaches
TL;DR Summary
Asia-Pacific markets traded mixed ahead of the US tariff deadline, with Japan and Australia showing slight gains, while South Korea and Hong Kong declined. Alibaba plans to raise $1.53 billion via exchangeable bonds to boost its cloud and commerce sectors. Vietnam's dong and stocks fell for the second day, and India's SEBI barred Jane Street from trading over alleged Nifty 50 manipulation. Japan's household spending rose to a near 3-year high, indicating strong consumer activity.
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