Asian stock markets rebounded on Tuesday as tariff negotiations between the U.S. and Japan approach, offering partial relief from earlier declines.
After U.S. and Japan leaders held phone talks on tariffs on Monday night and decided to continue tariff negotiations between designated officials, Japan's Nikkei 225 Stock Market Index reported a six percent surge on Tuesday, taking the lead in the region.
Australia's ASX 200 and South Korea's KOSPI indexes also reported modest growth of over 2 percent and 0.26 percent on the same day.
The regional recovery extended to the Chinese mainland and Hong Kong markets, where share buyback announcements provided additional support. China's central bank and financial regulatory authority on Monday and Tuesday announced measures to support the stock market amid global concerns over U.S. tariffs. Multiple Chinese state-owned companies increased share investments, and several listed companies issued share buyback announcements to safeguard market stability.
Asian stock markets rebound ahead of U.S.-Japan tariff talks
Asian stock markets rebound ahead of U.S.-Japan tariff talks
Chinese Foreign Minister Wang Yi held talks with his Indonesian counterpart Sugiono in Beijing on Monday, with both sides hailing the robust growth of bilateral ties.
To celebrate the 75th anniversary of diplomatic relations, Wang said that China and Indonesia should jointly develop emerging industries like green energy and the digital economy, as well as expand mutually beneficial cooperation.
Wang highlighted key projects such as the Jakarta-Bandung High-Speed Railway and "Two Countries, Twin Parks" as benchmarks for connectivity.
The Chinese foreign minister said both sides should uphold free trade, promote two-way investment, and build a secure, stable, and smooth industrial and supply chain.
Wang added that China is willing to import more Indonesian products, and that he hopes the Indonesian government will safeguard the rights and interests of Chinese-funded institutions and personnel in Indonesia.
Sugiono said China is Indonesia's largest trading partner, and a major source of foreign investment.
He added that Indonesia is committed to comprehensively deepening its relations with China, and looks forward to strengthening exchanges at all levels.
Chinese FM holds talks with Indonesian counterpart on bilateral ties
