March 31, 2025 - 08:29
Asian shares experienced significant declines on Monday, following a sharp downturn on Wall Street. Concerns are mounting over a troubling combination of rising inflation and a slowing U.S. economy, which has left households hesitant to spend amid ongoing trade tensions.
In Japan, the Nikkei index fell dramatically by nearly 3.9%, closing at 35,691.52. Meanwhile, Hong Kong's Hang Seng index also faced losses, dropping 1% to settle at 23,200.65.
The overall sentiment in the markets was further dampened by lower U.S. futures and diminishing oil prices, signaling a broader risk-averse attitude among investors. The prevailing uncertainty surrounding economic conditions continues to weigh heavily on market performance across the region. As traders brace for potential further volatility, the outlook remains cautious, with many keeping a close eye on economic indicators that could influence future market movements.
