{"id":33923,"date":"2025-07-31T02:38:09","date_gmt":"2025-07-31T02:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/33923\/"},"modified":"2025-07-31T02:38:09","modified_gmt":"2025-07-31T02:38:09","slug":"asia-stock-markets-today-live-updates-4","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/33923\/","title":{"rendered":"Asia stock markets today: live updates"},"content":{"rendered":"<p>South Korean auto stocks fall after Trump slashes duties to 15%<\/p>\n<p>South Korean auto stocks plunged Thursday after U.S. President Donald Trump <a href=\"https:\/\/www.cnbc.com\/2025\/07\/31\/trump-announces-trade-deal-with-south-korea-setting-tariffs-at-15percent.html\" rel=\"nofollow noopener\" target=\"_blank\">imposed a blanket 15% tariff<\/a> on imports from the country including autos, which he had threatened with a 25% tariff earlier.<\/p>\n<p>The Asian country&#8217;s Kia Corp was trading 5.25% lower, while Hyundai Motor fell 3.48% as of 10.53 a.m. local time (9.53 p.m. ET Wednesday).<\/p>\n<p>\u2014 Amala Balakrishner<\/p>\n<p>Chinese and Hong Kong stocks fall in early trade<\/p>\n<p>Chinese and Hong Kong stocks started the day lower Thursday, following mixed trading in the other key Asia-Pacific markets.<\/p>\n<p>As of 9.39 a.m. local time (9.39 p.m. ET Wednesday), the <a href=\"https:\/\/www.cnbc.com\/quotes\/.HSI\/\" rel=\"nofollow noopener\" target=\"_blank\">Hang Seng Index<\/a>\u00a0fell 0.91%, while mainland&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/\" rel=\"nofollow noopener\" target=\"_blank\">CSI 300<\/a>\u00a0was flat.<\/p>\n<p>\u2014 Amala Balakrishner<\/p>\n<p>Samsung Electronics shares rise nearly 2% after second-quarter profit misses expectations<\/p>\n<p>Shares of <a id=\"107273440\" href=\"https:\/\/www.cnbc.com\/quotes\/\" type=\"security\" brand=\"cnbc\" section=\"[object Object]\" contentclassification=\"\" rel=\"nofollow noopener\" target=\"_blank\">Samsung Electronics<\/a> rose as much as 1.92% Thursday after its second-quarter operating profit missed expectations and came in at 4.7 trillion Korean won ($3.38 billion).<\/p>\n<p>The South Korean memory chipmaker noted that it was hit by a slump in its chip business.<\/p>\n<p>Read more <a href=\"https:\/\/www.cnbc.com\/2025\/07\/31\/samsung-second-quarter-profit-halves-missing-expectations.html\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/p>\n<p>\u2014 Amala Balakrishner, Dylan Butts<\/p>\n<p>Nissan shares surge nearly 5% following $530 million operating losses in first fiscal quarter <\/p>\n<p>Shares of<a href=\"https:\/\/www.cnbc.com\/quotes\/7201.T-JP\/\" rel=\"nofollow noopener\" target=\"_blank\"> Nissan Motor<\/a> surged as much as 4.9% Thursday, reversing course from losses in its previous two sessions.<\/p>\n<p>This comes as the Japanese automaker reported <a href=\"https:\/\/global.nissannews.com\/en\/releases\/250730-02-e?_ga=2.242300098.1575519889.1753921212-879092387.1753921212\" target=\"_blank\" rel=\"nofollow noopener\">operating losses of 79,124 million yen<\/a> ($530.17 million) for its first fiscal quarter ended June, due to to lower sales volumes, adverse exchange rate movements and tariffs on its exports to the U.S. <\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Shares in Nissan<\/p>\n<p>Asia-Pacific markets start the day mixed<\/p>\n<p>Asia-Pacific markets opened mixed Thursday.<\/p>\n<p>Japan&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\" rel=\"nofollow noopener\" target=\"_blank\">Nikkei 225<\/a> 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).<\/p>\n<p>In South Korea, the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.KS11\/\" rel=\"nofollow noopener\" target=\"_blank\">Kospi<\/a>\u00a0index fell 0.14% while the small-cap Kosdaq was flat.<\/p>\n<p>Over in Australia, the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.AXJO\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P\/ASX 200<\/a> benchmark fell 0.53%.<\/p>\n<p>\u2014 Amala Balakrishner<\/p>\n<p>Here are the opening calls for the day<\/p>\n<p>Good morning from Singapore.<\/p>\n<p>Investors will be keeping a close watch on South Korean markets after <a href=\"https:\/\/www.cnbc.com\/2025\/07\/31\/trump-announces-trade-deal-with-south-korea-setting-tariffs-at-15percent.html\" rel=\"nofollow noopener\" target=\"_blank\">U.S. President Donald Trump announced a blanket tariff of 15% on the country&#8217;s exports<\/a> to the U.S. Japanese markets will also be watched keenly as the Bank of Japan is expected to stand pat on short-term interest rates at 0.5% at the close of its two-day policy meeting later in the day.<\/p>\n<p>Japan&#8217;s benchmark\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\" rel=\"nofollow noopener\" target=\"_blank\">Nikkei 225<\/a>\u00a0was set to open higher, with the futures contract in Chicago at 40,855 while its counterpart in Osaka last traded at 40,730, against the index&#8217;s Wednesday close of 40,654.70.<\/p>\n<p>Futures for Hong Kong&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.HSI\/\" rel=\"nofollow noopener\" target=\"_blank\">Hang Seng index<\/a>\u00a0stood at 24,934, pointing to a weaker open compared with the last close of 25,176.93.<\/p>\n<p>Australia&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.AXJO\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P\/ASX 200<\/a>\u00a0was set to start the day lower with futures tied to the benchmark at 8,694, compared with its last close of 8,756.40.<\/p>\n<p>\u2014 Amala Balakrishner<\/p>\n<p>S&amp;P 500 futures, Nasdaq 100 futures riseS&amp;P closes lower<\/p>\n<p>The S&amp;P 500 closed lower on Wednesday and gave up its gain from earlier in the session after Federal Reserve Chair Jerome Powell threw some cold water on the prospects of a September rate cut.<\/p>\n<p>The broad market index lost 0.12% to close at 6,362.90. The Nasdaq Composite added 0.15% to 21,129.67, while the Dow Jones Industrial Average fell 171.71 points, or 0.38%, to finish the session at 44,461.28. <\/p>\n<p>\u2014 Brian Evans<\/p>\n<p>Tariff effects on inflation still need to be seen, Powell says<\/p>\n<p>U.S. Federal Reserve Chair Jerome Powell gestures during a press conference following the issuance of the Federal Open Market Committee&#8217;s statement on interest rate policy in Washington, D.C., U.S., July 30, 2025. <\/p>\n<p>Jonathan Ernst | Reuters<\/p>\n<p>The Fed can keep the interest rate steady while waiting to see if tariff policy pushes up inflation, Powell said.<\/p>\n<p>&#8220;Higher tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen,&#8221; Powell said.<\/p>\n<p>Powell said a &#8220;reasonable base case&#8221; could be that effects to inflation will be &#8220;short lived.&#8221; But he also cautioned that levies could cause inflationary changes that are &#8220;more persistent.&#8221;<\/p>\n<p>&#8220;Our obligation is to keep longer term \u2026 inflation expectations well anchored and to prevent a one-time increase in the price level from becoming an ongoing inflation problem,&#8221; Powell said.<\/p>\n<p>&#8220;For the time being, we&#8217;re well positioned to learn more about the likely course of the economy and the evolving balance of risks before adjusting our policy stance,&#8221; he added. &#8220;We see our current policy stance as appropriate to guard against inflation risks.&#8221;<\/p>\n<p>\u2014 Alex Harring<\/p>\n<p>Divided Fed keeps rates unchanged<\/p>\n<p>The Fed kept monetary policy unchanged, as was widely expected. However, two central bank officials \u2014 Christopher Waller and Michelle Bowman \u2014 <a href=\"https:\/\/www.cnbc.com\/2025\/07\/30\/fed-leaves-interest-rates-unchanged-as-expected.html\" rel=\"nofollow noopener\" target=\"_blank\">dissented in the decision<\/a>, pushing for the Fed to cut the overnight rate by 0.25 percentage point. <\/p>\n<p>This was the first time since 1993 that the Fed&#8217;s policy decision was met with so much dissent. <\/p>\n<p>\u2014 Fred Imbert<\/p>\n","protected":false},"excerpt":{"rendered":"South Korean auto stocks fall after Trump slashes duties to 15% South Korean auto stocks plunged Thursday after&hellip;\n","protected":false},"author":2,"featured_media":33924,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[9075,9073,64,63,9064,9071,1053,99,174,1062,9066,5056,164,9067,9062,9068,171,1061,9070,5063,9074,1063,9069,4933,9061,9065,9072,9063],"class_list":["post-33923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-arm-holdings-plc","tag-asia-economy","tag-au","tag-australia","tag-australian-dollar-us-dollar-fx-spot-rate","tag-breaking-news-asia","tag-breaking-news-markets","tag-business","tag-business-news","tag-dow-jones-industrial-average","tag-dxy-us-dollar-currency-index","tag-economic-events","tag-economy","tag-hang-seng-index","tag-ice-brent-crude-apr23","tag-kospi-index","tag-markets","tag-nasdaq-composite","tag-nikkei-225-index","tag-nvidia-corp","tag-prices","tag-sp-500-index","tag-sp-asx-200","tag-shanghai","tag-shenzhen-component-index","tag-usd-jpy","tag-world-markets","tag-wti-crude-mar23"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/33923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=33923"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/33923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/33924"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=33923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=33923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=33923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}