Story perspectives
Asia-Pacific Markets Mixed Amid U.S.-China Tensions, Oil Dips
2/5/2025
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Story summary
- Asia-Pacific markets displayed mixed outcomes after Wall Street's gains amid U.S.-China tariff tensions.
- China's Caixin Services PMI decreased to 51.0, signaling a slowdown in services activity.
- South Korea's KOSPI increased by 1.01%, while Japan's NIKKEI fell by 0.2%.
- Oil prices dropped as Trump intends to reapply pressure on Iran.
