Asia-Pacific markets rose Monday, ahead of Donald Trump's presidential inauguration as investors awaited greater clarity on the policies of the incoming U.S. administration. Hong Kong's Hang Seng ... it will increase its exchange rate insurance support ...
Looking ahead, some analysts think the stock market will keep soaring as Trump pushes for deregulation and tax cuts during his second term. For instance, while on the campaign trail, he proposed lowering the corporate tax rate to 15% for domestic manufacturers. That could boost net profit margins and send the stock market higher.
Technology stocks led gains in Asia-Pacific markets on Wednesday, tracking advances on Wall Street as investor angst ebbed over the emergence of a low-cost Chinese AI model that some see rivalling U.S. dominance of the industry.
"The start of a new presidency ... Donald Trump's inauguration, investors are bracing for significant policy shifts. This could mean changes in taxes, spending, and trade agreements." Hong Kong's ...
Just as former presidents, foreign dignitaries and industry leaders traveled to Washington this week for the presidential inauguration, so too did another group that occupies a unique place in President Donald Trump ... his presidency on social media ...