Asia-Pacific markets were set to open higher after U.S. President Donald Trump announced that he had completed a " " with Japan, which set tariffs of 15% on the country's exports to the U.
S. Overnight, the U.S.
benchmark S&P 500 rose to another record high. U.S.
President Donald Trump on Tuesday stateside announced that he had made the "largest Deal ever" with Japan, which involves tariffs of 15% on the country's exports to the U.S. Trump also said that Japan will invest $550 billion into the United States, adding that the U.
S. will "receive 90% of the Profits." Trump also said that Japan will "open their Country to Trade, including Cars and Trucks, Rice and certain other Agricultural Products, and other things.
" The U.S. president added that the deal would also create "Hundreds of Thousands of Jobs.
" Read the full story . Happy mid-week from Singapore! Asia markets were poised to open higher. Japan's benchmark was set to start the trading day higher, with the futures contract in Chicago at 40,185 against the index's last close at 39,774.
92. Australia's was also on track to start the day higher with futures tied to the benchmark at 8,681, compared with its last close of 8,677.20.
Futures for Hong Kong's stood at 25,321, pointing to a stronger open compared with the HSI's last close of 25,130.03. The S&P 500 and the Dow Jones Industrial Average closed in the green on Tuesday.
The broad market index rose 0.06% to close at 6,309.62, marking another record close for the index.
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