Asia-Pacific markets opened higher on Tuesday, tracking gains on Wall Street that saw the S&P 500 and the Nasdaq Composite closing at record highs overnight.
Japan’s Nikkei 225 rose 1%, while the Topix inched up 0.27%.
South Korea’s Kospi climbed 0.3% as shares of heavyweight Samsung Electronics gained 0.57%, even as the company’s largest union continued its three-day strike as it seeks better pay. Hyundai on the other hand reached a tentative wage agreement with its labor union, averting a strike. Hyundai shares slid 1.59%.
Hong Kong’s Hang Seng index futures were at 17,534, higher than the HSI’s last close of 17,524.06.
Chinese electric vehicle giant BYD is set to invest $1 billion in Turkey to open a plant with an annual capacity of 150,000 vehicles, Turkey’s industry and technology minister Mehmet Fatih Kacir said on Monday.
Source : CNBC
