Asian Markets Dip Amid Trump-Takaichi Meeting Anticipation and South Korea’s Economic Surge
Japan's Nikkei 225 fell 0.58% to 50,219.18, retreating from near-record highs, while the Topix index dropped 1.18% to 3,285.87. Investors are cautiously awaiting outcomes from the Trump-Takaichi meeting, alongside looming global events like Big Tech earnings and potential U.S. Fed rate decisions.
South Korea's Kospi slid 0.8% to 4,010.41, despite a stronger-than-expected GDP report showing 1.7% year-on-year growth—beating forecasts. Quarterly expansion surged to 1.2%, driven by robust exports and manufacturing, though construction lagged with an 8.1% decline.