The U.S. and Russia are aiming to reach a deal to halt the war in Ukraine that would lock in Moscow's occupation of territory seized during its military invasion, Bloomberg News reported on Friday. U.S. and Russian officials are working towards an agreement on territories for a planned summit meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin as early as next week, the report said, citing unnamed people familiar with the matter. A White House official said the Bloomberg story was speculation. A Kremlin spokesperson did not respond to a request for...
The Hang Seng surged 342 points, or 1.8%, to close at 19,926 on Monday, rising for a fifth straight session and hitting its highest level since early 2025. The rally was driven by gains across sectors, boosted by news of a phone call between U.S. President-elect Trump and Chinese President Xi Jinping to discuss key issues. Elsewhere, Chinese Vice President Han Zheng's meetings with Elon Musk and other U.S. businesses highlighted Beijing's efforts to improve ties ahead of Trump's return to the White House. Meanwhile, TikTok resumed its U.S. operations on Sunday after Trump announced a...
European equity markets are set to open flat on Monday (1/20) as caution prevails ahead of Donald Trump's inauguration. Traders are focused on his promises to raise tariffs, tighten immigration, lower taxes and increase deregulation, which could have significant implications for major economies such as the EU. Investors are also looking ahead to the World Economic Forum in Davos, Switzerland, this week, where political and business leaders will meet to discuss key global issues. Meanwhile, there are no major economic or earnings releases scheduled in Europe today. In premarket trading, Euro...
The Nikkei 225 jumped 1.17% to close at 38,902 while the broader Topix index gained 1.19% to 2,711 on Monday (20/1), recovering losses from last week as investors prepared for Donald Trump's inauguration and braced for the impact of his potential policies. Domestic data revealed a surprise 3.4% month-on-month rise in Japanese machinery orders in November, defying market expectations for a 0.4% decline and marking the strongest growth in nine months. Looking ahead, the market is focused on the Bank of Japan's upcoming monetary policy decision, especially after hints from central bank...
Asia-Pacific markets traded mostly higher Monday (20/1), ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.4%. Japan's Nikkei 225 climbed 1.38%, while the Topix added 1.37%. South Korea's Kospi traded around the flatline and the Kosdaq slipped 0.16%. Hong Kong's Hang Seng index rose 1.19% at the open, while mainland China's CSI 300 inched 0.73% higher as China left its benchmark lending rates unchanged Monday. The People's Bank of China held the 1-year loan prime rate at...
The Nikkei 225 jumped 1% to above 38,800 while the broader Topix index rose 1% to 2,706 on Monday , recovering losses from last week as investors prepared for Donald Trump's inauguration and braced for the potential impact of his policies. Domestic data revealed a surprise 3.4% month-on-month rise in Japanese machinery orders in November, defying market expectations for a 0.4% decline and marking the strongest growth in nine months. Looking ahead, markets are focused on the Bank of Japan's upcoming monetary policy decision, especially after hints from central bank officials about a...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India's first concrete sign of discontent after tariffs...