Asia-Pacific markets were set to open mixed Tuesday, a day after Chinese President Xi Jinping signaled support to the country's private sector and urged businesses to "show their "talents."
Australia's S&P/ASX 200 was down 0.43%, ahead of the Reserve Bank of Australia's policy decision. Reuters estimates a 25-basis-point rate cut to 4.1%.
The Australian dollar had strengthened 0.05% to 635 against the dollar.
Japan's benchmark Nikkei 225 started the day 0.28% higher, while the broader Topix index advanced 0.37%.
South Korea's Kospi was marginally higher, while the small-cap Kosdaq was down 0.18%.
Futures for Hong Kong's Hang Seng index stood higher at 22,715 pointing to a stronger open compared to the HSI's close of 22,616.23.
The Hang Seng tech index, which tracks the 30 biggest technology firms listed in Hong Kong, reversed course from gains last week to drop over 2% Monday after Xi's comments in a rare closed-door symposium.
Singapore will be holding its first budget under Prime Minister Lawrence Wong later in the day. Analysts are expecting more support for both households and businesses as the city-state gears up for a general election in November.
U.S. markets were closed due to a public holiday. U.S. stock futures were higher late Monday, as the major averages come off from a winning week.
Dow Jones Industrial Average futures advanced 106 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and 0.2%, respectively.
Source: CNBC
US stocks closed sharply lower on Friday as a Broadcom-led rout among the largest tech weights sparked a rotation into cyclicals and defensive names. The S&P 500 fell 1% and the Dow gave back 0.4%...
Europe's benchmark index dropped on Friday, retreating from the edge of a record high as a selloff in US technology stocks weighed on global gauges. The Stoxx Europe 600 declined 0.5%, reversing...
The STOXX 50 rose 0.5% and the STOXX 600 gained 0.3% on Friday, marking a second consecutive session of increases and tracking global optimism after the Federal Reserve cut the fed funds rate and stru...
Asian stocks opened higher on Friday (December 12) morning after Wall Street and global equity indexes set new records. The MSCI Asia Stock Index rose about 0.5% early in the session, with the Japanes...
The Dow jumped more than 600 points to a fresh record and the S&P 500 reversed early session losses to trade marginally higher, while the Nasdaq pared losses to roughly 0.5% on Thursday afternoon ...
The US dollar remains sluggish after experiencing intense pressure following the Fed's decision to cut interest rates by 25 bps. The US Dollar Index (DXY) remains in the lower zone and is trending lower weekly, as market participants assess the...
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353 as traders digest comments from Federal Reserve (Fed) officials. Bullion...
US stocks closed sharply lower on Friday as a Broadcom-led rout among the largest tech weights sparked a rotation into cyclicals and defensive names. The S&P 500 fell 1% and the Dow gave back 0.4% after touching record highs, while the Nasdaq...
The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the...
Compensation costs for civilian workers in the United States increased 0.8% in the third quarter of 2025, slowing from a 0.9% increase in the...
Asia-Pacific markets opened higher on Thursday morning after the Federal Reserve delivered its third interest rate cut this year. The Fed cut the...
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk...