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 benchmark Nikkei 225 index experienced a decline of approximately 1% on Tuesday, coinciding with a U.S. national holiday, while the majority of Asian markets remained closed in observance of the Lunar New Year holidays. U.S. futures experienced a downturn, while oil prices exhibited a varied performance. The prices of gold and silver experienced a Read More
Asia-Pacific markets experienced an uptick on Friday, following the upward trajectory of US Market, as geopolitical tensions subsided and investors evaluated the Bank of Japan’s choice to maintain its interest rates at current levels. Japan’s central bank maintained its key policy rate at 0.75% as the nation approaches an election in which Prime Minister Sanae 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
Asia-Pacific markets experienced a general uptick on Thursday, following a rise on market driven by optimism regarding a potential interest rate cut by the Federal Reserve next week, spurred by disappointing jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions in October, and well below the Read More
Asia-Pacific markets commenced December on a mixed note Monday, as traders evaluated new manufacturing data from China alongside increasing anticipations of a U.S. Federal Reserve rate cut this month. Market participants are assigning an 87.4% probability to a quarter-point rate reduction at the forthcoming Federal Reserve meeting scheduled for December 10, as per indication. Hong Read More
Markets in the Asia-Pacific region exhibited a mixed performance on Friday, as U.S. stock futures remained unchanged during Thanksgiving Day, positioning the Nasdaq Composite to conclude a seven-month streak of gains. Market participants in Asia will analyze newly released economic data, including the inflation figures from Tokyo, which serve as a key indicator of the Read More
Asia-Pacific markets exhibited a mixed performance on Tuesday, following a rebound in technology stocks driven by a rally in the parent company of Google and optimism surrounding a potential Federal Reserve rate cut. Optimism regarding Alphabet’s position in the AI competition emerged last week following the tech giant’s announcement of its enhanced AI model, Gemini Read More
Asia-Pacific markets concluded the trading session predominantly in the red on Wednesday, mirroring the downturn observed, as apprehensions regarding the valuations of artificial intelligence exerted continued pressure on technology stocks. Japan’s benchmark Nikkei 225 index concluded the trading session at 48,537.7, reflecting a decline of 0.34%. Meanwhile, the Topix experienced a slight decrease of 0.17%, Read More
On Tuesday, the Asia-Pacific markets experienced a downturn, primarily driven by decreases in the benchmark indexes of Japan and South Korea, in the wake of a technology-driven decline. Japan’s benchmark Nikkei 225 experienced a decline of 3.22%, closing at 48,702.98, while the Topix saw a decrease of 2.88%, finishing at 3,251.1. South Korea’s Kospi experienced Read More
