Morning brief: Asian stocks rise as US tariffs hit South Korea, Micron invests

Invezz
2026.01.27 06:58
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Asian markets rose as optimism over US tech earnings offset concerns from President Trump's tariff threats against South Korea, which plans to raise tariffs to 25% on various imports. Micron Technology announced a $24 billion investment in Singapore to expand memory chip production driven by AI demand. Ford and GM are in talks to provide financial support to bankrupt supplier First Brands Group. Meta Platforms is testing subscription models across its apps to diversify revenue beyond advertising.