Asia-Pacific markets exhibited a mixed performance on Tuesday, following the release of China’s official data indicating that manufacturing activity has contracted for the sixth consecutive month, although the decline was less severe than anticipated by market estimates. The Manufacturing Purchasing Managers’ Index registered at 49.8, surpassing the anticipated figure of 49.6. The most recent data, Read More
Sony Financial Group’s shares experienced a notable increase, closing 15.86% higher on its market debut Monday following the spin-off from its parent company, Sony Group. Meanwhile, Asian markets generally trended upward as investors appeared to overlook recent tariff developments. Sony Financial Group’s stock received a reference price of 150 Japanese yen per share, which places Read More
On Friday, shares of Asian pharmaceutical companies experienced a decline following the announcement by U.S. President Donald Trump regarding new tariffs on furniture, heavy trucks, and pharmaceutical products. Japan’s Nikkei 225 declined 0.87% to close at 45,354.99, while the Topix rose marginally to close at a fresh record high of 3,187.02. Investors evaluated the September Read More
Japan’s Nikkei 225 achieved a new record on Thursday, reaching 45,754.93, which signifies six consecutive sessions of gains. The broadly representative Topix concluded the trading session at a record high of 3,185.35. Other Asia-Pacific markets exhibited a mixed performance on Thursday, diverging from Wall Street as investors persisted in offloading technology stocks such as Nvidia Read More
Japan’s benchmark Nikkei 225 increased by 0.3% to conclude the trading day at 45,630.31. Asia-Pacific markets exhibited a mixed performance on Wednesday following declines, prompted by comments from U.S. Federal Reserve Chair Jerome Powell, who stated that “equity prices are fairly highly valued.” Powell also indicated that the path for rate cuts remains uncertain and Read More
Japan’s benchmark Nikkei 225 index experienced an increase of 0.99%, concluding the trading day at 45,493.66. Indian tech stocks experienced a decline of nearly 3% on Monday following the announcement made by U.S. President Donald Trump late Friday regarding a $100,000 visa fee for new H-1B visas, designated for high-skilled foreign workers. In 2024, approximately Read More
On Friday, Japan’s benchmark Nikkei 225 index experienced a reduction in its gains, ultimately declining by 0.59%. The Japanese yen experienced an appreciation of 0.36% relative to the dollar, reaching a value of 147.45. This movement followed the Bank of Japan’s decision to maintain its policy rate at 0.5%. The benchmark index achieved a new Read More
On Wednesday, the U.S. Federal Reserve announced a reduction in interest rates by a quarter point, resulting in the overnight funds rate now falling within the range of 4% to 4.25%. The market had already fully incorporated that move, resulting in traders receiving precisely what they anticipated. The decision reached by the Federal Reserve was Read More
On Wednesday, Japan’s benchmark Nikkei 225 index experienced a decline of 0.12%. In August, Japan’s exports experienced a contraction that was less severe than anticipated, driven by a rebound in shipments to its primary trading area — Asia. However, the overall growth remained in the negative territory for the fourth consecutive month. Japanese shipments experienced Read More
Japan’s Nikkei 225 exceeded the 45,000 threshold, reaching a new all-time high on Tuesday. Alphabet entering the $3 trillion valuation club, alongside only Apple, Microsoft, and Nvidia. The parent company of Google owes its place in that exclusive realm to artificial intelligence. Interestingly, it’s not due to the fact that Google’s AI solutions have been Read More
