SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. <\/p>\n
Cfoto | Future Publishing | Getty Images<\/p>\n
Asia-Pacific markets opened higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud.<\/p>\n
U.S. President Donald Trump on Tuesday stateside criticized China for not buying soybeans, calling it an “an economically hostile act.” He also threatened “retribution” such as a cooking oil embargo<\/a>.<\/p>\n “Volatility remains elevated, and the best explanation is the strained relationship between the U.S. and China,” Veteran investor Louis Navellier wrote in a note published Wednesday.<\/p>\n Japan’s benchmark Nikkei 225<\/a> index rose 0.3%, while the Topix added 0.75%. South Korea’s Kospi jumped 0.8%, while the small-cap Kosdaq added 0.83%.<\/p>\n Australia’s ASX\/S&P 200 was up 0.93%.<\/p>\n Hong Kong’s Hang Seng Index<\/a> was set to open higher, with its futures contract trading at 25,763, against the index’s previous close of 25,441.35.<\/p>\n Investors will be keeping an eye on China’s inflation data for September coming out later in the morning.<\/p>\n Overnight in the U.S., the S&P 500 closed down 0.2% to 6,644.31 in a wild day that saw the benchmark fall as much as 1.5% and gain 0.4% at its highs.<\/p>\n The\u00a0Nasdaq Composite<\/a>\u00a0was off by 0.8% to 22,521.70, although at one point it had fallen as much as 2.1%.The Dow Jones Industrial average closed up 0.4%, or 202.88 points, to 46,270.46 after gaining nearly 1% at one point.<\/p>\n Federal Reserve Chair\u00a0Jerome Powell<\/a>\u00a0on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, and provided a few hints that more interest rate cuts are in the cards<\/a>.<\/p>\n \u2014 CNBC’s Liz Napolitano and Fred Imbert contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14,…\n","protected":false},"author":2,"featured_media":81029,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[4635,964,72,122,2193,114,969,61,60,582,3162,123,5922,115],"class_list":["post-81028","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-asia-economy","tag-breaking-news-markets","tag-business","tag-business-news","tag-chicago","tag-china","tag-donald-trump","tag-ie","tag-ireland","tag-japan","tag-jerome-powell","tag-markets","tag-osaka","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/81028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=81028"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/81028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/81029"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=81028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=81028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=81028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}