European stock markets opened positively this week, with the Euro Stoxx 50 up 0.6% and the broader Stoxx 600 up 0.2%. This rebound follows a sharp selloff last week, when both indexes fell more than 3% amid concerns about the resilience of the US economy, fueled by unexpectedly weak employment data and renewed global growth concerns after President Trump announced new tariffs. Adding to the uncertainty, Trump's firing of the head of the Bank of England has raised concerns about the credibility of upcoming economic data. Looking ahead, investor attention will turn to several key events this...
Japan's Nikkei share average jumped 9% on Thursday as investors scooped up beaten-down stocks after U.S. President Donald Trump declared an immediate 90-day tariff pause for many countries. The Nikkei rose 9.13% to 34,609 in its biggest daily gain since August 6, the day after the index fell in its biggest single-day rout since the 1987 Black Monday crash. The broader Topix climbed 8.09% to 2,539.4. "Investors bought back stocks today, wishing that they had not dumped stocks in the previous session," said Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Intelligence...
European markets rose sharply at the open on Thursday, after U.S. President Donald Trump temporarily reversed course on tariffs. The regional Stoxx 600 index was 7.04% higher shortly after the opening bell, with stocks across the board surging to place all individual sectors firmly in positive territory. Banking, tech and industrials stocks notched the biggest gains, surging 10%, 9.9% and 9.1%, respectively. In a volatile week for markets that has been marked by sharp moves higher and lower, the pan-European Stoxx 600 ended the prior session down 3.5% at its lowest closing level since...
The Nikkei 225 Index surged 8% to above 34,000 on Thursday, erasing losses from earlier this week after US President Donald Trump unexpectedly lowered new tariff rates on imports from most US trade partners to 10% for 90 days to allow for trade negotiations. This marks a significant reduction from the previous 24% levy applied to Japanese imports. The Trump administration confirmed earlier this week that they will hold trade talks with Japanese officials following a phone call between President Trump and Prime Minister Shigeru Ishiba. However, Trump still raised the tariffs imposed on...
Asia-Pacific markets rose Thursday, following Wall Street's biggest burst of buying since 2008 after U.S. President Donald Trump announced a 90-day pause on higher tariffs on all nations bar China. Japanese markets led gains in the region. The benchmark Nikkei 225 rose 8.19%, while the broader Topix index advanced 7.44%. South Korea's Kospi index surged 5.36%, while the small-cap Kosdaq gained 5.32%. Australia's S&P/ASX 200 rose 4.69%. Investors will be keeping a close watch on Chinese stocks, as the U.S. raised duties on imports from the Mainland to 125% after Beijing announced...
Hang Seng Index opened sharply higher on 10th April , climbing by 545 points to reach 20,810. The index later rose by 561 points, or 2.77%, settling at 20,825. The Hang Seng China Enterprises Index advanced by 196 points, or 2.61%, to 7,732, while the Technology Index increased by 152 points, or 3.25%, to 4,841. The main board reported a trading volume of HK$46.2 billion. At 10.18am, the Hang Seng Index surged by over 800 points, rising by 868.04 points or 4.28%.Technology stocks led the rally, with Tencent rising 2.4%, Alibaba gaining 3.1%, Meituan up 2.1%, Xiaomi increasing by 4.1%, and...