Hong Kong stocks rose 98 points, or 0.4%, to 24,607 in early trading on Monday, ending a four-day losing streak amid gains led by the property and technology sectors. Sentiment improved after China's top leaders pledged to support the economy and tackle "irregular competition" at last week's Politburo meeting. Beijing also confirmed plans to hold its fourth plenary session in October, which will likely focus on the next five-year plan. A modest rebound in US stock futures added support, following Wall Street's sharp decline on Friday due to weak employment data. On tariffs, US Treasury...
Japan stocks were higher after the close on Thursday, as gains in the Marine Transport, Trading and Pharmaceutical Industry sectors led shares higher At the close in Tokyo, the Nikkei 225 added 0.30%. The best performers of the session on the Nikkei 225 were Sompo Holdings Inc (TYO:8630), which rose 5.00% or 215.00 points to trade at 4,519.00 at the close. Meanwhile, Fujikura Ltd. (TYO:5803) added 4.81% or 304.00 points to end at 6,625.00 and Itochu Corp. (TYO:8001) was up 4.34% or 282.00 points to 6,774.00 in late trade. The worst performers of the session were Seven & i Holdings...
Hang Seng Index opened down by four points, or 0.01%, settling at 23,783 points. In contrast, the National Enterprises Index rose by three points, or 0.03%, to reach 8,795 points, while the Technology Index gained ten points, or 0.16%, reaching 5,963 points.In the technology sector, stocks exhibited mixed results. Tencent and Alibaba each advanced by 0.4%, while Meituan and Xiaomi Group both increased by 0.5%. However, JD.com and Kuaishou faced declines, falling by 0.8% and 0.3%, respectively. Financial stocks remained stable, with HSBC Holdings and AIA both rising by 0.3%, and Ping An...
The Nikkei 225 Index rose 0.6% to above 38,300 while the broader Topix Index gained 0.5% to 2,730 on Thursday, with Japanese shares snapping a two-day losing streak and tracking gains in key Wall Street indexes. These moves came after US President Donald Trump raised hopes of another one-month tariff pause on imports from Mexico and Canada, while also proposing 25% tariffs on European autos and other goods. Investors also took in Nvidia's earnings report, which highlighted strong demand for chips in the growing artificial intelligence sector. In Japan, Seven & I Holdings saw a sharp...
All three U.S. indexes erased earlier gains on Wednesday, extending their losses from the previous session as investors grappled with trade policy uncertainty and awaited Nvidia's earnings. The S&P 500 fell 0.1%, heading for its fifth straight decline, while the Nasdaq 100 dropped 0.2%. The Dow Jones Industrial Average fell more than 200 points amid concerns about new tariffs after President Trump announced a 25% levy on European autos and confirmed tariffs on Mexico and Canada that will take effect on April 2. Nvidia shares rose more than 2% ahead of its highly anticipated earnings...
European stocks closed sharply higher on Wednesday after a quiet session amid a strong set of corporate earnings, as markets continued to assess risks to European corporate earnings amid U.S. trade headwinds and the prospect of higher defense-focused government spending. The STOXX 50 jumped 1.5% to 5,530, 5 points from a record, and the STOXX 600 gained 1.6% to a fresh record of 560. AB InBev jumped 8.7% after reporting stronger-than-expected fourth-quarter earnings, and Munich RE jumped 4.8% after beating earnings estimates and raising its dividend payout. Additionally, Siemens and...