Asia-Pacific markets exhibited a mixed performance on Friday, following a decline in U.S. stocks overnight, as Nvidia shares experienced a significant drop despite surpassing quarterly earnings expectations. Japan’s Nikkei 225 increased by 0.16%, concluding at 58,8850.27, whereas the Topix experienced a rise of 1.5%, finishing at 3,938.68. The benchmark Japanese index reached 59,000 for the Read More
South Korea’s Kospi reached a new record high on Thursday, reflecting the upward momentum observed on US Market, while various Asian markets resumed trading following the Lunar New Year holiday. The Kospi index surged over 3% to achieve a new record high, closing at 5,677.25, driven by significant gains in major constituents Samsung Electronics and Read More
Japan’s Nikkei 225 sustained its post-election rally, achieving new highs on Tuesday, supported by advancements in the wider Asian markets. The Japanese market persists in capitalizing on the “Takaichi trade” following Prime Minister Sanae Takaichi’s decisive triumph in the Lower House. The Nikkei 225 experienced an increase of 2.28%, reaching a new closing high of Read More
Asian markets experienced a predominantly lackluster session on Friday, following a technology-driven decline on US Market. South Korea’s Kospi experienced a decline of up to 5% at one stage, yet the index reduced its losses and ultimately closed down 1.44% at 5,089.14; the small-cap Kosdaq fell by 2.49%, finishing at 1,080.77. Index heavyweights Samsung Electronics Read More
On Thursday, South Korea’s markets spearheaded the declines across the Asia-Pacific region, mirroring the losses on US Market as the sell-off in the tech sector intensified. Seoul’s Kospi index tumbled 3.86% to 5,163.57, leading losses in Asia, as chip heavyweights Samsung and SK Hynix fell 5.8% and 6.44%, respectively. Among the other significant decliners was Read More
Spot gold prices increased to a new high on Thursday following the U.S. Federal Reserve’s decision to maintain its benchmark rate at a target range of 3.5% to 3.75%. The bullion increased by over 3%, surpassing the $5,500 per ounce threshold for the first time. Markets in the Asia-Pacific region experienced a general upward trend Read More
South Korea’s Kospi achieved a second consecutive day of record highs on Wednesday, following U.S. President Donald Trump’s conciliatory remarks regarding his tariff threats against Seoul. “We will work something out with South Korea,” he reportedly stated. The Kospi concluded the trading session with an increase of 1.69%, reaching a level of 5,170.81, whereas the Read More
Asian markets experienced a rebound following U.S. President Donald Trump’s retraction of his threat to impose tariffs on European nations concerning Greenland. At the World Economic Forum in Davos, Trump stated that he would refrain from using force to acquire the Arctic island, thereby alleviating concerns regarding potential U.S. military action. He also mentioned that Read More
Asia-Pacific markets experienced a downturn on Wednesday, with investors gravitating towards safe havens following U.S. President Donald Trump’s threats of new tariffs on nations opposing the transfer of Greenland to the United States. Spot gold prices increased by more than 1%, reaching a record high of $4,813 per ounce. Hong Kong’s Hang Seng index experienced Read More
On Tuesday, Asia-Pacific markets experienced a decline as investors evaluated the implications of renewed U.S. tariff threats associated with Greenland, which heightened concerns regarding escalating trade tensions with Europe. European states are reportedly deliberating counter-tariffs and more extensive punitive economic measures in reaction to new tariff threats from President Donald Trump, which further exacerbates tensions Read More
