Asian stock market prospers green

Washington [US], April 8: Asia-Pacific markets opened the trading session on April 8 with more optimistic indicators, recovering from the previous session's decline due to US President Donald Trump's tariff policy and the threat of higher reciprocal tariffs on China.
According to CNBC News, stock indices simultaneously rose. Australia's S&P/ASX 200 index rose 0.18% at the open.
Japan's average Nikkei index rose 6% on April 8 in a broad rally, after President Trump said he had spoken with Japanese Prime Minister Shigeru Ishiba. The Nikkei 225 index rose 6.14%, while the Topix rose more than 6.52%.
South Korea's Kospi stock index rose 2.26%, while the Kosdaq rose 2.35%. Shares of Samsung Electronics rose about 3% in early trading at 54,500 South Korean won ($37.08).
Hong Kong's Hang Seng Index rose 2.25%, while the Hang Seng Technology Index rose 4.17%. Earlier, the Hong Kong stock market led the decline in the region on April 7, with the Hang Seng Index falling more than 13% and recording the biggest intraday decline since 1997 during the Asian financial crisis, according to data from FactSet.
In the morning trading session of April 8, China's CSI index also increased slightly by 0.24%.
President Donald Trump on April 7 threatened to impose an additional 50% tariff on China if Beijing does not lift tariffs on US imports. China's Ministry of Commerce said on April 8 that it "resolutely opposes" President Trump's threat to raise tariffs and vowed to take countermeasures to protect its own rights and interests.
Wall Street expects optimistic signs in negotiations between the US and other countries. Higher reciprocal tariffs will begin on April 9.
Mr. Murthy Grandhi at data and analysis company GlobalData (UK) assessed: "Asian stocks have suffered their worst decline in years, falling to multi-year lows on a day full of panic and uncertainty."
He said: "Fears of a new trade war have rekindled fears of a global economic slowdown, shattering investors' already fragile confidence. The way forward depends on policy clarity and diplomatic commitment."
Matt Maley at financial firm Miller Tabak said: "We will soon see a strong recovery, but the process of repricing the market according to the actual economic outlook will take time. There will be more time for the market to recover when there are clearer signs that the worst phase of the decline is over."
Source: Thanh Nien Newspaper