Asian stocks showed a mixed performance on Wednesday as uncertainty surrounding U.S. President Donald Trump’s trade policies unsettled global markets. Equities in Australia and Malaysia led losses, while South Korean shares rebounded following a modest recovery in U.S. tech giants.
Wall Street’s major indexes extended their steepest sell-off in months on Tuesday after Trump unexpectedly raised tariffs on Canadian steel and aluminum imports to 50%, only to revert to the original 25% hours later. The abrupt shift rattled investor confidence, fueling market volatility.
Asian markets, highly sensitive to global trade tensions, reacted negatively. As of 02:37 GMT, China’s Shanghai Composite slipped 0.2%, while the CSI 300 lost 0.3%. Hong Kong’s Hang Seng index remained largely flat. Malaysia’s KLCI fell 1.5%, and the Philippines’ PSEi dropped 1.2%.
Australia’s S&P/ASX 200 tumbled 1.6% intraday, briefly entering correction territory, before trading 1.3% lower at 7,786.30. Australian Prime Minister Anthony Albanese confirmed that despite Trump’s decision to apply the 25% tariffs globally, Australia would not impose reciprocal measures.
South Korea’s KOSPI rose 1.6%, driven by strong gains in Samsung Electronics (+2.1%) and SK Hynix (+4.5%). The sector followed a rebound in U.S. tech stocks, including NVIDIA, Broadcom, and Tesla, after heavy losses earlier this week.
Japan’s Nikkei 225 added 0.3% after hitting a six-month low in the previous session, while the TOPIX gained 0.9%. India’s Nifty 50 futures edged up 0.2%.
Investors remain cautious as shifting U.S. trade policies add to global market uncertainties, affecting sentiment across Asian markets.


Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 



