The Nikkei 225 Index gained 0.6% to around 39,680, while the broader Topix Index rose 0.5% to 2,750 on Tuesday (17/12), recovering losses from the previous session. The rally was largely fueled by a strong performance on Wall Street, where technology stocks outperformed. Investors are also bracing for an expected interest rate cut by the US Federal Reserve this week, with much attention on the Fed's projections for 2025. Domestically, markets are speculating that the Bank of Japan may hold off on raising rates this month. BOJ officials suggested last week that more time is needed to assess...
The Hang Seng Index opened down 117 points, or 0.59%, at 19,678 points this morning, reflecting a cautious market sentiment. The China Enterprises Index fell by 37 points, or 0.52%, to 7,095 points, while the Tech Index declined by 27 points, or 0.61%, settling at 4,387 points. By 10.04am, the Hang Seng Index was trading at 19,735.99, down 59.50 points, or 0.30%. Technology stocks displayed a generally weak performance, with Tencent decreasing by 0.8% and Alibaba falling by 0.5%. Meituan saw a more pronounced drop of 1.6%, while Xiaomi managed a slight gain of 0.6%. JD.com and Kuaishou...
The Nikkei 225 index fell 0.23% to close at 39,365, while the broader Topix index fell 0.37% to 2,728 on Tuesday, reversing earlier gains on caution ahead of the U.S. Federal Reserve's policy decision later this week. The Fed is widely expected to cut interest rates by 25 basis points, but could signal fewer cuts next year amid concerns over a resurgence in inflation. At home, speculation is growing that the Bank of Japan may delay a rate hike this week as BOJ officials wait for more time to assess the latest economic data. In corporate news, Advantest shares plunged 9.1% after it...