Asia stocks: weak China PMIs weigh; India dips amid increased Pakistan tensions By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
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Source: Investing.com
Market Reactions to Economic Indicators: Most Asian stock markets remained stable as investors assessed weak factory activity data from Japan and China, alongside rising geopolitical tensions in India and South Korea. The U.S. stock market had a modest gain, but Asian futures fell as key economic data awaited release.
Impact of Tariffs on Industrial Activity: China's manufacturing PMI dropped to 49.0, indicating contraction due to escalating U.S. tariffs, while Japan's industrial production also decreased more than expected. Calls for economic stimulus are growing as the effects of these tariffs become apparent, with Australia showing slight inflation growth that may lead to an interest rate cut.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
