Asia markets expected to decline as investors monitor US-China negotiations in Spain
US and Chinese officials initiated talks in Madrid on Sunday to address crucial national security, economic, and trade concerns.
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South Korea's stock market achieved remarkable growth, with the Kospi index reaching a historic high of 3,420.23 on Monday. This achievement followed Finance Minister Koo Yun-cheol's announcement that the government would abandon its previous plan to increase taxes on stock investments. The small-cap Kosdaq also gained modestly by 0.15%.
Asia-Pacific markets demonstrated mixed performance as investors carefully monitored ongoing US-China talks in Madrid and examined economic data from Beijing. High-level delegations led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng discussed critical issues including TikTok divestment deadlines and existing US tariffs.
Regional markets varied significantly: Hong Kong's Hang Seng Index rose 0.16%, China's CSI 300 advanced 0.59%, but Australia's ASX declined 0.34%. China's August economic indicators revealed concerning slowdowns, particularly in retail sales and industrial output, with real estate investment contracting 12.9% over eight months.
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cnbc.comhttps://www.cnbc.com/2025/09/15/asia-markets-today-hang-seng-index-asx-200-nifty-50.html