Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.77%. The best performers of the session on the Nikkei 225 were Otsuka Holdings Ltd (TYO:4578), which rose 3.04% or 213.00 points to trade at 7,223.00 at the close. Meanwhile, Recruit Holdings Co Ltd (TYO:6098) added 2.21% or 200.00 points to end at 9,250.00 and Pacific Metals Co., Ltd. (TYO:5541) was up 2.20% or 40.00 points to 1,861.00 in late trade. The worst performers of the session were Lasertec...
Wall Street's main indexes opened lower on Tuesday as investors awaited commentary from Federal Reserve officials through the day to assess the potential impact of U.S. President Donald Trump's tariffs in the second half of 2025. The Dow Jones Industrial Average (.DJI), opens new tab fell 57.0 points, or 0.13%, at the open to 42735.11. The S&P 500 (.SPX), opens new tab fell 18.9 points, or 0.32%, at the open to 5944.66, while the Nasdaq Composite (.IXIC), opens new tab dropped 83.4 points, or 0.43%, to 19132.057 at the opening bell. Source: Reuters
The Hang Seng jumped 349 points or 1.5% to close at 23,681 on Tuesday, picking up from a muted session the day before as all sectors posted strong gains. Sentiment recovered after the PBoC cut key lending rates to fresh lows for the first time in seven months, aiming to support the economy and cushion potential fallout from a trade war with the U.S. In a coordinated move, some major state-owned banks also lowered deposit rates to ease pressure on narrowing interest margins. However, further gains were tempered by a modest fall in U.S. futures, with investors cautiously awaiting remarks...
European equity indices edged higher Tuesday, boosted by a Chinese rate cut as well as the possibility of peace talks to end the Ukraine conflict. At 03:05 ET (07:05 GMT), the DAX index in Germany climbed 0.2%, the CAC 40 in France gained 0.2% and the FTSE 100 in the U.K. rose 0.3%.European stock indices have received a solid lead in from gains in Asia overnight, boosted by the decision of the People's Bank of China to cut its benchmark loan prime rate, bringing the rate further into record low territory. The cut signaled that Beijing was open to doling out more monetary stimulus to...
The Nikkei 225 edged up 0.1% to close at 37,529 on Tuesday, following notable losses in the previous session. Investor sentiment was supported by comments from Prime Minister Shigeru Ishiba, who emphasized Japan's commitment to national interests in trade talks, saying Tokyo would not rush a deal with the U.S. ahead of a third round of negotiations this week. Gains were also underpinned by Chinese rate cuts, with the PBoC lowering lending rates to new lows for the first time in seven months to support the sluggish economy. However, early gains were trimmed as U.S. futures dipped slightly,...
(Hong Kong) The Hang Seng Index opened with a gain of 65 points, or 0.28%, to stand at 23,398 on Monday. The China Enterprises Index rose 26 points, or 0.3%, to 8,486, while the Hang Seng Tech Index climbed 11 points, or 0.22%, to 5,266, reflecting mixed performance across technology stocks. Among tech giants, Tencent slipped 0.2%, while Alibaba advanced 0.6%. Meituan declined by 1.1%, but Xiaomi gained 1.2%, JD.com rose 0.2%, and Kuaishou improved by 0.5%. Financial stocks also showed a mixed trend, with HSBC rising 0.3%, AIA slipping 0.6%, Ping An Insurance advancing 0.7%, and Hong Kong...