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Asia-Pacific markets traded lower Tuesday after Wall Street fell overnight as Trump tariffs stoke a risk-off mood, while investors assesed Bank of Korea’s rate decision. Australia’s S&P/ASX 200 fell 0.87%.Japan’s Nikkei 225 declined 1.34%, while the Topix slipped 0.72%. South Korea’s Kospi...
Asia-Pacific markets rose Friday, tracking Wall Street gains overnight as President Donald Trump signed a reciprocal tariffs plans, but did not enact the levies on them immediately.Australia’s S&P/ASX 200 started the day 0.76% higher, after hitting a intra-day record in the previous...
Asia-Pacific markets opened mixed Wednesday after Federal Reserve Chair Jerome Powell signaled there was no urgency to cut rates. Powell on Tuesday re-emphasized the central bank’s focus on curbing inflation and signaled that policymakers were not in a rush to push interest rates...
Asia-Pacific markets opened higher Tuesday, tracking gains on Wall Street that appeared to look past 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 0.24% higher....
Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe. Oil prices climbed 0.7% after Israel and Hezabollah traded rocket salvos and air strikes...
MSCI Asia Pacific Index extends its early loss to as much as 2.1%, with Japanese names including Mitsubishi UFJ, Tokyo Electron and Hitachi the biggest drags on the regional benchmark. Japan’s Topix falls more than 5%, hurt by a stronger yen and weak US economic data that sapped risk...
Asian stocks were subdued on Wednesday after lacklustre earnings from U.S. tech behemoths Tesla and Alphabet dented sentiment, while the yen hit a six-week high ahead of a central bank meeting next week where a rate hike remains on the table. The U.S. dollar was broadly firm, with traders...
Asian stocks bounced from one-month lows on Tuesday, with Taiwan's market snapping a five-day losing streak as semiconductor shares took a lead from a Wall Street recovery, while sagging commodity prices weighed on the Aussie dollar. MSCI's broadest index of Asia-Pacific shares outside Japan,...
Asia-Pacific markets plummeted as chip-related stocks dropped following reports of more stringent export restrictions from the U.S. and a build up of geopolitical feud fueled by comments from former U.S. President Donald Trump. The Nasdaq Composite fell nearly 2.8% overnight — posting its worst...
Asian shares started the week by rallying two-year highs on Monday, buoyed by China's strongest measures yet to address its property crisis and by expectations for global rate cuts within weeks, while the dollar steadied after a weekly drop. Brent crude futures touched a one-week high of $84.14 a...
Asia-Pacific markets climbed Monday as traders look toward the Federal Reserve’s meeting this week, following another hotter-than-expected U.S. inflation reading Friday. March’s core personal consumption expenditures, excluding food and energy, rose 2.8% from a year ago, and came in ahead of the...
Asian shares dithered on Monday as investors worried U.S. inflation data this week could derail the outlook for lower interest rates, while the risk of currency intervention from Japan stalled the yen's decline for the moment. China's central bank also engineered a rally in the yuan after setting...
Asian shares held near seven-month highs on Thursday though traded mostly sideways as investors awaited fresh catalysts that would provide further clarity on the global interest rate easing cycle. Japan's Nikkei was headed for a fourth successive day of loss - its longest losing streak in about...
Asian shares got off to a slow start on Monday as fading chances for early rate cuts globally soured the mood, though investors are hoping China markets return from holiday with a spring in their step. A holiday for U.S. markets also made for thin trading, while the latest surge in tech stocks is...
Asia-Pacific markets mostly rose early Monday ahead of a slew of GDP and inflation numbers due out from the region this week. Investors will also be watching the U.S. Federal Reserve’s first rate decision of 2024, set to be released Wednesday stateside. This week’s major events will be China’s...
Asian stocks traded mixed in the last session of the year after US stocks eked out a gain and as investors bargain-hunt in China. Australian equities fell as a drop in iron ore prices weighed, while shares in Japan edged higher, keeping the benchmark Topix on track for...
Asian stocks gained as investors bought shares of some major companies with most markets closed for holidays. The MSCI Asia Pacific Index rose 0.2%, with Toyota, Sony and Asustek among the biggest boosts. Key equity gauges advanced in Japan, Taiwan and Vietnam while mainland China benchmarks...
Asian shares started cautiously on Monday ahead of a week packed with a quintet of central bank meetings and data on U.S. inflation that could make or break market hopes for an early and rapid fire round of rate cuts next year. An upbeat payrolls report has already seen investors scale back...
Asian shares got off to a hesitant start on Monday ahead of potentially market-moving inflation data from the United States and Europe later in the week, and a meeting of oil producers that could stop, or extend, the recent slide in prices. The approach of month end could also cause some caution...
Asian shares rallied for a fourth straight session on Monday after markets moved to price in earlier rate cuts in the United States and Europe, bullish wagers that will be tested by a swarm of central bank speakers this week. Battered bond markets also enjoyed a welcome recovery as a benign U.S....