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International Business Times
International Business Times
Business

Asian Stocks Pare Tariff-led Losses, Tokyo Hit By Political Turmoil

Traders are keeping tabs on Japanese political turmoil after the coalition government collapsed, threatening Sanae Takaichi's ascent to prime minister (Credit: AFP)

Most Asian stocks rose Tuesday, tracking a rally on Wall Street, after Donald Trump tempered his rhetoric against China, which he has threatened with 100 percent tariffs, while Tokyo struggled amid Japanese political turmoil.

Still, safe-haven metals continued to push higher -- helping silver join gold in touching records -- fuelled by expectations for more US interest rate cuts, worries about rising debt and warnings that an AI-stoked global rally could be overdone.

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