Tokyo Tower stands tall, marking a key spot in the bustling districts of Azabu, Roppongi, and Toranomon. Its unique design attracts many visitors, and some photographers even use tilt-shift lenses to create stunning miniature effects.
On the financial front, Asia-Pacific markets took a hit on Friday. This came after U.S. President Donald Trump announced tariffs on imports from Mexico and Canada, set to start next week. In Australia, the S&P/ASX 200 dropped by 1.16%, closing at 8,172.4.
In Japan, the Nikkei 225 fell by 2.88% to reach 37,155.5, while the Topix index decreased by 1.98%, finishing at 2,682.09. South Korea saw a similar decline, with the Kospi slipping 3.39% to 2,532.78, and the Kosdaq dropping 3.49% to 743.96.
Hong Kong’s Hang Seng Index also faced losses, down 3.55%. Meanwhile, the CSI 300 in mainland China fell by 1.97%, ending the day at 3,890.05. In India, the Nifty 50 index was down by 0.99%.
On a different note, Bitcoin’s price saw a decline of 1.79%, now sitting at $82,811.12. This marks an almost 25% drop from its all-time high earlier in January.
On Thursday, Trump confirmed that tariffs of 25% on Canada and Mexico would go into effect on March 4. He justified this decision by citing concerns over drug trafficking. Additionally, he announced that China would also be subject to a new 10% tariff on the same date, on top of the existing 10% tariffs on Chinese goods.
In the U.S., major stock indexes also ended lower. The S&P 500 dropped by 1.59%, finishing at 5,861.57. It’s been a tough week for the index, remaining in the red. The Nasdaq Composite fell by 2.78% to 18,544.42, largely influenced by Nvidia’s 8.5% decline. The Dow Jones Industrial Average lost 193.62 points, closing at 43,239.50.
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