A Greenlandic flag flies over a residential building in Nuuk, Greenland on January 21, 2026.
Sean Gallup | Getty Images
Asia-Pacific markets rallied on Thursday, tracking gains on Wall Street after US President Donald Trump threatened to impose tariffs on European countries via Greenland.
Trump also said this at the World Economic Forum in Davos it does not use force Calming nerves about possible US military action and taking over an Arctic island.
The President of the United States also said that there is formed the skeleton On the Future Deal for Greenland” with NATO Secretary General Mark Rutte.
Asian markets are already showing signs of this upswing. South Korea’s Kospi led the gains in the region and breached the 5,000 mark, rising more than 2%, and the small company Kosdaq added 1.29%.
of Japan Nikkei 225 Up 1.22%, while the broader Topix gained 1.03%. Japan released its December trade figures today, with a 5.1% rise in exports missing analysts’ estimates in a Reuters poll.
Australian S&P/ASX 200 rose 0.78% in early trade, down about 0.4% in the previous session.
Hong Kong Hang Seng index futures were at 26,616, higher than the HSI’s last close of 26,585.06.