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Market View: Are the diverging PMIs in South Korea and Japan a warning for Asia?

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South Korea’s manufacturing activity contracts for the fifth straight month, with the PMI inching up to 48.7 in June but still below the expansion threshold.

Meanwhile, Japan’s manufacturing sector sees its first growth in over a year as output rises, yet ongoing uncertainty over US tariffs weighs on demand and exports.

However, trade tensions escalate as US-Japan tariff talks face renewed challenges with fresh threats from Washington. 

On the corporate front, City Developments expands its reach into Europe through a new hotel loyalty partnership, while semiconductor firm UMS Integration pursues a secondary listing on Bursa Malaysia amid sector volatility.

On Market View, Alexandra Parada speaks to Dan Chang, Trading Representative at PhillipCapital, to discuss the latest market movements.

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