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Asia markets dip as traders look to Trump-Takaichi assembly in Japan

EditorialBy EditorialOctober 28, 2025No Comments2 Mins Read

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U.S. President Donald Trump meets with Japan’s Emperor Naruhito on the Imperial Palace in Tokyo on Oct. 27, 2025.

Kazuhiro Nogi | Afp | Getty Photographs

Asia markets fell throughout the board on Tuesday as traders within the area look towards a gathering between U.S. President Donald Trump and newly minted Japanese Prime Minister Sanae Takaichi.

Trump met Japan’s Emperor Naruhito after arriving in Tokyo on Monday and would be the first international chief to carry talks with Takaichi since she took workplace.

Japan’s Nikkei 225 retreated from its report excessive on Tuesday, falling 0.38%, whereas the broad-based Topix was down 0.49%.

Different Asia-Pacific markets additionally fell, regardless of good points on Wall Road that despatched all three main U.S. indexes  report closing highs.

South Korea’s Kospi led losses within the area, dipping 1.32%, whereas the small-cap Kosdaq fell marginally.

South Korea additionally reported its third-quarter GDP numbers, which beat expectations and marked its quickest tempo of growth in over a 12 months.

Australia’s S&P/ASX 200 began the day down 0.22%.

Hong Kong Grasp Seng index slipped 0.1%, whereas mainland China’s CSI 300 was down 0.39%.

China’s Sany Heavy Trade traded flat on its Hong Kong buying and selling debut Tuesday after elevating HKD$12.36 billion ($1.59 billion) in one of many metropolis’s largest listings this 12 months.

In a single day within the U.S., the S&P 500 climbed 1.23% to six,875.16, its first shut ever above the 6,800 stage.

The Nasdaq Composite rallied 1.86% to 23,637.46, bolstered by an increase in Nvidia and different chip shares. The Dow Jones Industrial Common jumped 337.47 factors, or 0.71% to 47,544.59. 

Key market catalysts loom forward this week, together with Huge Tech earnings, a Federal Reserve fee resolution and a possible China commerce deal.

— CNBC’s John Melloy, Sean Conlon and Liz Napolitano contributed to this report.

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