From Financial Modeling Prep: 2025-02-20 02:46:09

Most Asian stocks declined due to fears of high U.S. interest rates and increased trade tariffs. Japanese automakers like Toyota and Honda saw significant drops in stock prices. South Korea’s KOSPI pulled back after a strong rally, while Australia’s ASX 200 faced pressure from commodity exports. Singapore’s Straits Times Index saw a minimal decline with cautious sentiment prevailing. President Trump’s announcement of tariffs on automobiles, pharmaceuticals, and semiconductors contributed to the market turmoil.



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