Nikkei 225, CSI 300, Kospi
A Greenlandic flag flies above a residential house in Nuuk, Greenland, on January 21, 2026.
Sean Gallup | Getty Images
Asia-Pacific markets rebounded on Thursday, tracking gains on Wall Street after US President Donald Trump backed off his threat to impose tariffs on European countries over Greenland.
Trump also calmed nerves over possible US military action by saying at the World Economic Forum in Davos that he would not use force to seize the Arctic island.
The US President also said that together with NATO Secretary General Mark Rutte, he was “establishing the framework for a future agreement on Greenland”.
Asian markets are already showing signs of this recovery. South Korea’s kospi It led the gains in the region, rising over 2% to surpass the 5,000 mark, with small-cap Kosdaq gaining 1.29%.
of japan Nikkei 225 It rose 1.22%, while the broad-based Topix rose 1.03%. Japan released December trade figures today, with export growth of 5.1% falling short of analysts’ forecasts in a Reuters poll.
Australia’s S&P/ASX 200 index rose 0.78% in early trade after falling nearly 0.4% in the previous session.
Hong Kong Hang Seng index futures settled at 26,616, above HSI’s last close of 26,585.06.
