Sentiment remained broadly positive in Asian stock markets despite fresh uncertainty attributed to the trade tariff environment triggered by the U.S. Supreme Court's recent ruling on tariffs. Markets also digested the move by President Donald Trump to impose temporary across-the-board tariffs of 15 percent. Sentiment also improved as traders anticipated lower levies for China following the Supreme Court ruling. Equity markets in China and Japan remain closed for a holiday.
The Hang Seng Index of the Hong Kong Stock Exchange jumped 669 points or 2.5 percent from the previous close to finish trading at 27,081.91. The day's trading range was between a high of 27,156.28 and a low of 26,798.97.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.