May 24, 2026

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Asian drug market stocks slides: Trump’s 100% pharmaceutical tariffs shake market; broader impact on Japan likely minimal

contact@dailyupdatesindia.com02 mins

Asian drug stocks fell on Friday as investors reacted to US President Donald Trump’s threat to impose 100% tariffs on imported branded pharmaceuticals starting October 1.Companies without existing US manufacturing plants could face the full impact, triggering declines across major drugmakers in South Korea, Japan, and Hong Kong.In South Korea, Samsung Biologics fell 1.6%, while…

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Asian stocks drop: Nikkei slides on weak manufacturing; Brent crude and gold show volatility

contact@dailyupdatesindia.com02 mins

Representative image credits: AP Asian stocks dropped Wednesday following losses on Wall Street, as Federal Reserve chair Jerome Powell offered little clarity on future interest rates and US economic data fueled concerns about slowing growth.MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.4% in mid-morning trade. The S&P 500 fell 0.6% in the previous…

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