Asia-Pacific markets trade mixed as investors assess U.S.′ 15% tariffs on South Korea; await Bank of Japan’s rate decision
Asia-Pacific markets traded mixed Thursday as investors assessed the U.S.′ blanket 15% tariffs on imports from South Korea and awaited details on the Bank of Japan’s policy decision.
Japan’s central bank is widely expected to stand pat on short-term interest rates at 0.5% for the fourth consecutive time, when its two-day policy meeting concludes later in the day.
Japan’s Nikkei 225 benchmark moved up 0.21% while the broader Topix index ticked up 0.28%, as of 8.10 a.m. Singapore time (8.10 p.m. ET Wednesday).
In South Korea, the Kospi index fell 0.14% while the small-cap Kosdaq was flat.
Over in Australia, the S&P/ASX 200 benchmark fell 0.53%.
Source: CNBC
