Asia markets dip as global trade worries persist

May 27, 2025 (MLN): Asia-Pacific markets mostly fell Tuesday as investors continued to assess the global trade climate after U.S. President Donald Trump deferred 50% tariffs on European Union imports.

Japan’s benchmark Nikkei 225 slipped 0.19%, while the broader Topix index ended flat.

In South Korea, the Kospi index declined 0.49%, reversing course from its three-month high in Monday’s session. The small-cap Kosdaq edged lower by 0.12%.

Mainland China’s CSI 300 index retreated 0.56% in choppy trade. In Hong Kong, the Hang Seng Index declined 0.3%.

Notably, China’s industrial profits rose 1.4% in April, improving from 0.8% the month before.

In India, the Nifty 50 started the day 0.49% lower, while the BSE Sensex fell 0.63%. Over in Australia, the S&P/ASX 200 stood out with a gain of 0.33%.

U.S. markets were closed on Monday for the Memorial Day holiday, as CNBC reported.

However, U.S. futures jumped as investors welcomed Trump’s postponement of tariffs on imports from the European Union.

The Dow Jones Industrial Average futures rose 407 points, or 1%, S&P 500 futures climbed 1.1%, and Nasdaq 100 futures advanced 1.3%.

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