Japanese stock markets opened lower as escalating tensions with China weighed on retail and tourism-related stocks. The Topix index fell 0.8% to 3,333.98, while the Nikkei weakened 0.9% to 49,942.24 at the start of trading in Tokyo. The decline was triggered by China's warning to students seeking to study in Japan of increased risks to their citizens, after Prime Minister Sanae Takaichi's comments on Taiwan sparked diplomatic friction. This sentiment immediately hit stocks that rely on tourist arrivals and spending from China. Market analysts said the current Japan-China tensions are...
The S&P 500 rose on Monday, led by tech, as a new month of trading began. The benchmark gained 0.5%, while the Nasdaq Composite advanced 1%. The Dow Jones Industrial Average climbed 18 points. Micron Technology gained 5% to lead chipmaker stocks higher. Nvidia and AMD were up 3% and around 1%, respectively. The VanEck Semiconductor ETF (SMH) climbed 1.6%. Other tech names such as Meta Platforms and Palantir gained 1.2% and 2%, respectively. The moves came after data center company Iren reached a multiyear $9.7 billion deal with Microsoft to provide the megacap technology company...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October. Investors continued to digest recently released corporate earnings while awaiting new market catalysts. Bank and automaker stocks posted gains, with Unicredit, BBVA, Deutsche Bank, Mercedes-Benz, and BMW all rising more than 1%. BP rose 1.5% after agreeing to sell a stake in its US shale assets to Sixth Street for $1.5 billion. Nokia shares rose nearly 4%. Conversely, Ryanair fell nearly 2% despite posting slightly better-than-expected profit after...
The Hang Seng Index surged 252 points, or 1%, to close at 26,158 on Monday, reversing losses from the previous three sessions amid broad sector gains. Sentiment was boosted by the US-China trade truce, which includes US tariff reductions and the suspension of Beijing's new export restrictions on rare earth minerals and magnets. The US is also expected to suspend port fees for a year for ships connected to China starting next week. Local data supported the rally, with Hong Kong's economy growing 3.8% year-on-year in Q3, the fastest since late 2023, while retail sales rose 4.8% in September,...
Hong Kong stocks edged up 47 points, or 0.2%, at the start of November trading, reaching 25,949. This increase helped the market recover after three consecutive sessions of losses. The gains were primarily driven by financial and property stocks, supported by strengthening US futures after Wall Street posted weekly and monthly gains. Sentiment also improved after the White House announced that China would lift rare earth export controls and end investigations into US semiconductor companies in a new trade deal. Economically, Hong Kong reported 3.8% year-on-year growth in the third quarter,...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4 thousand, helped by euphoria over technology stocks and domestic stimulus sentiment. Real-time LSEG data on Reuters marked a daily gain of more than 2% this session. In South Korea, early sentiment was also positive. The Kospi opened up more than 1%, driven by defense and shipbuilding stocks, while Australia remained flat in early trading. Hong Kong remained cautious; Hang Seng futures rose only slightly, as the market awaited new catalysts from...