South Korea, Japan Stocks Surge as US Levy Pause Fuels Optimism
A screen displays the Nikkei 225 Stock Average in Tokyo on April 8.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Stocks in South Korea rallied by the most in five years while Japan’s equities recorded the biggest gain since August as a reprieve in higher US tariffs lured buyers back to the beaten-down markets.
South Korea’s Kospi Index soared 6.6%, a day after entering a bear market. Japan’s benchmark Topix index rose 8.1% and the Nikkei 225 Stock Average gained 9.1%.