Asian Stock Markets Rally After Trump Calls Off Greenland-Related Tariffs
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Asian stock markets experienced a rally following US President Donald Trump's decision to roll back tariff threats on European allies. The Nikkei 225 in Japan rose 1.7%, driven by strong earnings reports, while Hong Kong's Hang Seng Index closed up 0.2%. Other regional markets also saw gains, with the S. Korean KOSPI hitting an all-time high. Japan's exports increased by 5.1% year-on-year, contributing to positive market sentiment. Overall, the majority of Asian exchanges finished in the green, reflecting investor optimism.
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