The Hang Seng tumbled 241 points or 1.2% to close at 19,448 on Tuesday, marking its second day of losses and nearing its lowest since the end of November.
Declines were widespread across sectors, with the tech index down near 1% amid a steep 7.5% plunge in Tencent Hlds. after the US added the tech giant and battery maker CATL to a list of firms allegedly aiding China's military. Tencent issued a statement claiming its inclusion on the list was a clear mistake and that the listing would have no impact on its business.
Meanwhile, CATL asserted that it does not engage in any military-related activities. Simultaneously, US futures drifted lower after the S&P 500 and Nasdaq rose for the second session Monday, driven by a surge in chip stocks.
Regarding Trump's tariff plans, a report said they would be narrower than previously expected, a claim Trump later disputed. Some losing stocks included Xiaomi Corp. (-6.3%), Miniso Group (-5.3%), Smoore International (-3.2%), and Meituan (-1.9%).
Source: Trading Economics
Japanese stocks rose in early trading on hopes of easing US-China trade tensions ahead of next week's summit. The Nikkei index rose 0.8% to 49,021.37, signaling positive sentiment across the market. ...
Japanese stocks weakened on Thursday as new Prime Minister Sanae Takaichi prepared for challenging, major budget negotiations. The Nikkei 225 index fell 0.24%, or 94.09 points, to close at 38,814.56. ...
Japanese stocks are lower following their recent surge driven by hopes for newly elected Prime Minister Sanae Takaichi's economic measures. The market is also weighed by continuing U.S.-China trade te...
The Nikkei 225 closed nearly flat on Wednesday (October 22nd), hovering around 49,308 (-0.02%), after a rally to its previous record triggered profit-taking—particularly in technology stocks—leading t...
Japan's Nikkei Stock Average is down 0.7% at 48988.23, dragged by chip and metals stocks, as profit-taking kicks in following their recent surge. SoftBank Group is down 8.3%, Advantest is 2.8% lower w...
Silver fell on Friday, October 24, 2025. Spot prices moved in the range of $48-49 per troy ounce, slightly weakening from the previous day after significant volatility earlier this week—even falling sharply after hitting a new record above...
The Hong Kong stock exchange opened in the green. The Hang Seng Index rose early in the session, followed by gains in the technology index and mainland Chinese stocks. The market mood this morning was clearly positive. The main drivers were the...
Oil prices are headed for their biggest weekly gain since June after the US imposed sanctions on major Russian producers Rosneft and Lukoil, potentially disrupting supply and shifting demand to alternative grades. Brent oil hovered near $66 per...
According to a poll by Reuters, 115 of 117 economists have predicted that the Federal Reserve (Fed) will reduce interest rates by 25 basis points...
The Fed will meet on October 28-29, 2025. This meeting is crucial because the market still considers the possibility of an interest rate cut, but...
The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding...
U.S. Trade Representative Jamieson Greer said he and Treasury Secretary Scott Bessent will head to Malaysia on Wednesday to meet with Chinese...