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Asia-Pacific Stocks End 2024 on a High Note, South Korea Lags Behind

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Asia-Pacific Stocks,2024 Market Performance,Monetary Policy

Asia-Pacific stocks enjoyed a successful year in 2024, with most significant markets gaining ground. This positive performance was fueled by accommodative monetary policies implemented by central banks in the region and a surge in tech stocks driven by the AI boom. However, South Korea stood out as the only major Asian market to experience a decline in value, attributed to factors such as tariff concerns and the uncertain political landscape following President Yoon Suk Yeol's impeachment. Analysts predict that the trajectory of Asian markets in 2025 will be heavily influenced by the economic policies of the U.S. and China, with the potential for continued growth if monetary easing persists and the AI sector maintains its momentum.

Analysts say Trump's presidency and China's economy will be key to determining the direction of the Asian markets in 2025.

"Major exporters such as information technology hardware and auto players may face challenges," he added. The policies of the incoming Trump administration will likely drive the outlook for growth and inflation in 2025 in Asia, according to Nomura"We expect a ramp-up in tariffs early next year that leads to a pickup in inflation and slower investment growth."

Nomura forecasts Asia will also have to navigate tighter global financial conditions in 2025, due to higher rates in and a stronger dollar.Nomura sees"diverging monetary policy outlooks" across the region, saying that countries like China, Australia, South Korea and Indonesia which are more exposed to foreign exchange risks will see an easing of monetary policy in 2025.

The firm, however, sees growth outperformance in Asian economies with stronger domestic demand buffers such as Malaysia and the Philippines, whereas India, Thailand and South Korea are likely to face headwinds.The state of China's economy will also be a key focus area for Asian investors, with traders watching for a"meaningful commitment to sustainable growth" in Asia's second largest economy, Maris said.

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Asia-Pacific Stocks End 2024 on a High Note, But South Korea Lags BehindMost Asia-Pacific markets closed the year in positive territory, fueled by easing monetary policy and a surge in tech stocks. South Korea, however, was the only major market to decline, hampered by economic uncertainties and political instability.
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Asia-Pacific Stocks Finish 2024 Strong, But 2025 Outlook Remains UncertainDespite a strong performance in 2024, driven by easing monetary policy and the AI boom, the outlook for Asia-Pacific markets in 2025 remains uncertain. While most major markets closed the year in positive territory, South Korea was the only exception, experiencing a significant decline. The direction of the U.S. and China's economies, along with the potential impact of the impeachment of South Korean President Yoon Suk Yeol, are key factors that will shape the region's performance next year.
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