Asian Markets Tumble as Tech Earnings Awaited and Geopolitical Tensions Rise
TL;DR Summary
Hong Kong markets led losses in Asia on Tuesday, with the Hang Seng sliding 1.94% as Asian stocks largely fell ahead of earnings from Big Tech firms. Mainland Chinese markets are also all lower. South Korea's Kospi slid 1.35% to close at 2,489.09 and the Kosdaq ended 1.93% down at 838.72, after the country's central bank announced that its GDP grew 0.8% year-on-year in the first quarter. Hyundai plans to set up a joint venture to make electric vehicle battery cells in the U.S. China has guided banks in the country to cut deposit interest rates further.
- Hong Kong falls nearly 2%, leading losses in Asia as investors await Big Tech earnings CNBC
- Stock markets today: Asia mixed ahead of US earnings The Associated Press
- Asian stocks battered by technology rout, weak economic data By Investing.com Investing.com
- China Stocks Post Biggest Two-Day Drop This Year on Geopolitics, Growth Woes Bloomberg
- Hang Seng Index, ASX200, Nikkei 225: Bears in Control FX Empire
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