Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
The Hang Seng rose 181 points, or 0.9%, to close at 20,107 on Tuesday (21/1), extending its bullish momentum for a sixth straight session and nearing its highest in nearly four weeks amid broad sector gains. Traders responded positively to Trump's inaugural speech on Monday, as it did not impose tariffs on China. Meanwhile, U.S. stock futures jumped after Trump signed several executive orders, including declaring a national energy emergency, which could lead to lower inflation and a Fed rate cut. Further gains were capped by caution ahead of December inflation data in Hong Kong later in the...
Japanese stocks rose after the close on Tuesday (1/21), as gains in the Shipbuilding, Machinery and Rubber sectors helped stocks advance. At the close in Tokyo, the Nikkei 225 was up 0.30%. The best performers on the Nikkei 225 were Sumitomo Dainippon Pharma Co Ltd (TYO:4506), which rose 4.02% or 22.00 points to trade at 569.00 at the close. Meanwhile, Lasertec Corp (TYO:6920) gained 2.86% or 430.00 points to close at 15,475.00 and Renesas Electronics Corp (TYO:6723) gained 2.21% or 45.00 points to 2,079.00 in late trade. The worst performers on the session were Kawasaki Heavy Industries,...
Hong Kong stocks rose 142 points, or 0.7%, to 20,067 on Tuesday (21/1), marking a sixth session of gains while holding at a three-week high. The bullish momentum emerged after Donald Trump did not target China in his inauguration speech on Monday, nor did he immediately impose previously threatened tariffs. Meanwhile, Chinese President Xi Jinping urged policymakers to adopt more proactive macroeconomic policies this year to maintain growth momentum. The property sector led the gains, with struggling Country Garden shares surging nearly 20% after resuming trading after a nine-month...
The Nikkei 225 index rose 0.5%, above 39,000, while the broader Topix index gained 0.35%, reaching 2,720 on Tuesday, extending gains from the previous session. The rally followed U.S. President Donald Trump's decision not to impose new tariffs on his first day in office, easing concerns for Japanese exporters. However, investors remained cautious ahead of the Bank of Japan's upcoming monetary policy decision this week, as BOJ officials have hinted at a potential interest rate hike. The move would raise Japan's short-term borrowing costs to 0.5%, the highest level since the 2008 global...
Asia-Pacific markets are expected to strengthen on Tuesday (21/1), as investors await further clarity on policies that US President Donald Trump will announce after his inauguration. In Japan, the benchmark Nikkei 225 index started the day up 0.52%, while the Topix rose 0.33%. Meanwhile, South Korea's Kospi started trading 0.97% higher, while the Kosdaq gained 0.62%. Australia's S&P/ASX 200 led gains in Asia, up 1.2%. Futures for Hong Kong's Hang Seng index were last trading at 20,278, indicating a stronger open compared with the HSI's close of 19,925.81. The index hit its highest...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...