Asia markets rise, breaking ranks with Wall Street's declines on renewed U.S.-China trade feud
CNBC·2025-10-15 00:07
Group 1 - Asia-Pacific markets experienced gains, diverging from Wall Street's declines amid renewed U.S.-China trade tensions [1][2] - Japan's Nikkei 225 index increased by 0.98%, while South Korea's Kospi rose by 0.8%, indicating positive market sentiment in the region [2] - China's consumer price index for September decreased by 0.3% year on year, slightly exceeding the expected decline of 0.2% [3] Group 2 - U.S. President Donald Trump criticized China for not purchasing soybeans, labeling it an "economically hostile act" and hinted at potential retaliatory measures [1] - Volatility in the markets is attributed to the strained U.S.-China relationship, as noted by veteran investor Louis Navellier [2]