Asia-Pacific stock markets opened higher on Monday (October 20th), as investors awaited the release of key economic data from China. Analysts expect China's economic growth to slow in the third quarter to 4.8%, down from 5.2% in the previous quarter. This data will provide important clues to the region's economic direction going forward.
Japan's Nikkei 225 index rose 1.6% and the Topix index gained 1.43% at the open. In South Korea, the Kospi added 0.36% after setting a record for three consecutive days last week. The Kosdaq index, which includes small-cap stocks, also rose 1.13%. Meanwhile, Hang Seng futures in Hong Kong traded at 25,863, up from Friday's close of 25,247.
In contrast to other Asian markets, Australia's S&P/ASX 200 index actually fell slightly by 0.1% in early trading. On Wall Street, all three major US indexes closed higher last Friday. The Dow Jones Industrial Average rose 0.52%, the S&P 500 gained 0.53%, and the Nasdaq Composite added 0.52%. This positive sentiment was fueled by news that US-China trade relations were beginning to improve, as well as easing concerns about US regional banks. (asd)
Source: Newsmaker.id
Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China's President Xi Jinping were set to hold talks next week. U.S. Press Secretary Karoline Leavitt ...
US stocks rebounded, with the three major indexes closing near record highs on Thursday (October 23rd). The S&P 500 rose 0.6%, the Dow Jones Industrial Average rose 0.3%, and the Nasdaq Composite ...
European stocks closed in positive territory on Thursday as investors pored over earnings reports for clues about business activity and confidence in the region. The pan-European Stoxx 600 index clos...
European stocks rallied on Thursday, driven by the energy sector and mixed results from major companies. The Stoxx Europe 600 Index rose 0.2% in early London trading, with energy stocks leading the ga...
Asia-Pacific markets fell Thursday, tracking Wall Street's declines on concerns about U.S.-China trade relations. Trade fears resurfaced after Reuters reported Wednesday stateside that the Trump admi...
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...
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. The gains were led by the technology and...
Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China's President Xi Jinping were set to hold talks next week. U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late Friday...
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...