South Korea’s Kospi added 1.58% to 3,183.23 and the small-cap Kosdaq closed 0.93% higher at 797.7.<\/p>\n
Australia’s\u00a0S&P\/ASX 200<\/a>\u00a0slid 0.59% to end the day at 8,589.2.<\/p>\n Mainland China’s CSI 300 rose 0.47% to 4,010.02.<\/p>\n \u2014 Lee Ying Shan<\/p>\n Thu, Jul 10 20251:55 AM EDT<\/p>\n JPMorgan upgrades Vietnam stocks to overweight<\/p>\n JPMorgan is turning more positive on Vietnam stocks after the country’s trade deal announcement with the U.S., upgrading its position to overweight. This comes after Vietnam became the first Southeast Asian nation to strike a tariff deal with the U.S. at a 20% rate.<\/p>\n “This, combined with strong economic growth (2Q25 GDP near 8%), prompts us to upgrade Vietnam to [overweight] within ASEAN, with a new VN-Index base\/bull target of 1,500\/1,600 by year end,” analysts led by the bank’s Khoi Vu wrote in a research note.<\/p>\n The Vietnam Index was trading 0.78% higher at 1,442.29 as of Thursday, 12.45 p.m. local time.<\/p>\n \u2014 Lee Ying Shan<\/p>\n Wed, Jul 9 202511:32 PM EDT<\/p>\n Singapore stocks hit another record highStock Chart IconStock chart icon Singapore equities performance since the start of the year<\/p>\n Singapore’s benchmark Straits Times Index scaled to another new high Thursday, notching its fourth straight day of gains.<\/p>\n The country’s equities climbed 0.47% to hit a fresh record of 4,077.41 points Thursday as of 11.24 a.m., data from LSEG showed.<\/p>\n \u2014Lee Ying Shan<\/p>\n Wed, Jul 9 202510:06 PM EDT<\/p>\n Trump says 50% tariff on copper will begin Aug. 1<\/p>\n U.S. President Donald Trump said Wednesday that the 50% tariff on copper imports, which he had\u00a0announced the previous day<\/a>, will take effect on Aug. 1.<\/p>\n The decision was made after he received a national security assessment, Trump said in\u00a0a post on Truth Social<\/a>.<\/p>\n “I am announcing a 50% TARIFF on Copper, effective August 1, 2025, after receiving a robust NATIONAL SECURITY ASSESSMENT,” Trump wrote.<\/p>\n “Copper is necessary for Semiconductors, Aircraft, Ships, Ammunition, Data Centers, Lithium-ion Batteries, Radar Systems, Missile Defense Systems, and even, Hypersonic Weapons, of which we are building many. Copper is the second most used material by the Department of Defense.”<\/p>\n Read the full story here<\/a>.<\/p>\n \u2014 Victor Loh<\/p>\n Wed, Jul 9 20259:20 PM EDT<\/p>\n Bank of Korea expectedly keeps rates steady at an almost three-year low<\/p>\n South Korea’s central bank held its policy rate at 2.5%, keeping it steady at an almost three-year low.<\/p>\n South Korea’s economy contracted by 0.2% quarter on quarter in the first three months of this year due to weak construction activity and softening export growth, while it remained flat on an year on year basis.<\/p>\n Read the full story here<\/a>.<\/p>\n \u2014 Lim Hui Jie<\/p>\n Wed, Jul 9 20258:18 PM EDT<\/p>\n Asia-Pacific stock markets open mixed<\/p>\n Asia-Pacific stock markets kicked off the trading day mixed.<\/p>\n Japan’s benchmark\u00a0Nikkei 225<\/a> slipped 0.45% at the open, while the Topix lost 0.54%. South Korea’s Kospi climbed 0.24% and the small-cap Kosdaq rose 0.44%.<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a> was 0.51% higher.<\/p>\n \u2014Lee Ying Shan<\/p>\n Wed, Jul 9 20257:54 PM EDT<\/p>\n Opening calls from sunny Singapore<\/p>\n Good morning from Singapore! Asia-Pacific markets are set to open mixed.<\/p>\n Japan’s benchmark\u00a0Nikkei 225<\/a>\u00a0was set to open higher, with the futures contract in Chicago at 39,925 while its counterpart in Osaka last traded at 39,910 against the index’s Tuesday close of 39,821.28.<\/p>\n Futures for Hong Kong’s\u00a0Hang Seng index<\/a>\u00a0stood at 23,863 pointing to a slightly weaker open compared to the HSI’s last close of 23,892.32.<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a>\u00a0was also set to start the day slightly higher with futures tied to the benchmark at 8,571, compared to its last close of 8,538.6.<\/p>\n \u2014 Lee Ying Shan<\/p>\n Wed, Jul 9 20256:05 PM EDT<\/p>\n Stock futures open little changed<\/p>\n U.S. stock futures were relatively unchanged on Wednesday evening.<\/p>\n S&P 500 futures hovered around the flatline just after 6 p.m. ET, as did Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were likewise flat.<\/p>\n \u2014 Sean Conlon<\/p>\n Wed, Jul 9 20254:07 PM EDT<\/p>\n Nasdaq Composite notches new all-time closing high<\/p>\n The Nasdaq Composite<\/a> closed at an all-time record high on Wednesday afternoon.<\/p>\n The tech-heavy index rose 0.94%, ending at 20,611.34. The S&P 500<\/a> added 0.61%, finishing at 6,263.26. The Dow Jones Industrial Average<\/a> gained 217.54 points, or 0.49%, and settled at 44,458.30.<\/p>\n \u2014 Lisa Kailai Han<\/p>\n","protected":false},"excerpt":{"rendered":"Thu, Jul 10 20253:27 AM EDT Asia-Pacific markets close mostly mixed Asia markets closed mostly mixed on Thursday.…\n","protected":false},"author":2,"featured_media":5738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[116,28,122,12,112,21],"class_list":["post-5737","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-breaking-news-markets","tag-business","tag-business-news","tag-donald-trump","tag-markets","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/5737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=5737"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/5737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/5738"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=5737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=5737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=5737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
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