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Asia-Pacific markets traded mixed Friday as investors assess a slew of economic data from the region. Japan’s benchmark Nikkei 225 rose 0.47% to close at 37,160.47 and the Topix climbed 0.68% to close at 2,735.52. South Korea’s Kospi traded flat to close at 2,592.09 while the small-cap Kosdaq was...
Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.61% to close at 37,298.98 after the country reported that exports slowed for a second straight month as the country reels under U.S. President Donald Trump’s...
Markets in Asia tumbled during morning trading Friday, a day after U.S. markets retreated in the wake of a White House announcement saying tariffs on Chinese exports to the United States would rise to 145 percent, up from 125 percent. Japan's Nikkei 225 and Topix indexes dropped by more than 4...
Asia-Pacific markets were set to open mixed Tuesday, a day after Chinese President Xi Jinping signaled support to the country’s private sector and urged businesses to “show their “talents.” Australia’s S&P/ASX 200 was down 0.43%, ahead of the Reserve Bank of Australia’s policy decision....
Asia-Pacific markets traded mixed Tuesday as investors assessed U.S. President Donald Trump’s tariff campaign.Trump on Monday signed an order imposing 25% tariffs on imports of steel and aluminum into the U.S.Australia’s S&P/ASX 200 traded around the flatline.South Korea’sKospi rose 0.72%,...
Asia-Pacific markets were mixed on Tuesday, with investors cautious even as the Dow Jones Industrial Average’s post-election rally continued to gain momentum to close at a record high. Australia’s S&P/ASX 200 fell 0.33%. Japan’s Nikkei 225 gained 0.23% while the Topix gained 0.68%. South...
Asia-Pacific markets are set to open higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shook off geopolitical concerns. Australia’s S&P/ASX 200 was up 0.5% in early trading. South Korea’s Kospi...
Asian stocks are set for a cautious open Monday after a slew of worse than expected Chinese economic activity data landed over the weekend. Futures point to a decline in Hong Kong shares, and a small gain for Australia’s benchmark. US equity futures were steady in early trading after the S&P...
Asian stocks opened lower on Wednesday as investors weighed election risks ahead of the first US presidential debate between Vice President Kamala Harris and former President Donald Trump. Equity benchmarks fell in Tokyo and were little changed in Seoul and...
Asia-Pacific markets climbed on Monday as investors awaited China’s Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend. David Roche, president of Quantum Strategy, said in a note on Sunday that Trump would win the presidency,...
Asia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan’s rate decision. Economists polled by Reuters expect the BOJ will maintain its benchmark interest rate at 0%-0.1%, but Nikkei reported the central bank is considering reducing its holdings of Japanese government...
Asia-Pacific markets rose on Thursday after the U.S. Federal Reserve held the Federal Funds rate at 5.25% to 5.5%, and shifted its “dot plot” to project only one rate cut this year. This was down from the three cuts projected in its March meeting. However, the dot plot also indicated a more...
Asia-Pacific markets were mixed on Wednesday, ahead of inflation data from both China and India. Traders in Asia will also look toward the U.S. Federal Reserve’s decision on Wednesday stateside, which will come hours after the country’s May inflation report. China’s May inflation rate is...
Asia-Pacific markets opened mixed on Tuesday, even as the S&P 500 and Nasdaq Composite reached new highs on Wall Street overnight. Traders in Asia will be looking to the U.S. Federal Reserve’s decision on Wednesday stateside, which will come after the May inflation report is released earlier...
Asia-Pacific markets were mixed on Monday after a stronger-than-expected U.S. jobs report on Friday revealed hiring and wage growth picked up in May. This adds to the narrative the Fed doesn’t have to rush to lower interest rates. Traders don’t expect the Federal Open Market Committee to cut...
Asia-Pacific markets were set to extend gains from Thursday, tracking moves on Wall Street with the Dow Jones Industrial Average rising for a seventh straight day on rate cut hopes. Japan’s overall household spending in March fell 1.2% year on year, less than the 2.4% expected by a Reuters poll...
Asia-Pacific markets were mixed ahead of China’s April trade data, as well as pay statistics from Japan. Economists polled by Reuters are expecting a 1.5% rise in China’s exports, a reversal from the 7.5% fall in March. Imports are also expected to grow 4.8% year-on-year in April, compared with a...
Asia-Pacific markets fell after the U.S. Federal Reserve signaled it was unlikely to cut rates in March. Overnight, Fed Chair Jerome Powell said the central bank would likely not be comfortable enough with the path of inflation by its next meeting in March to cut interest rates. In Asia,...
Asia-Pacific markets fell ahead of the rate decision from the U.S. Federal Reserve and a slew of economic data from across the region, including China and Australia. Australia will release its inflation numbers for December and the fourth quarter, while China will announce its official purchasing...
Asia-Pacific markets largely fell on Friday, as investors weigh remarks from U.S. Treasury Secretary Janet Yellen, who said federal emergency actions to back up failed regional banks could be used again if necessary. This conveyed a different message compared to Yellen’s comments a day earlier,...