On Tuesday, shares of South Korean automotive firms experienced an uptick following the announcement by U.S. Secretary of Commerce Howard Lutnick, who confirmed that the reduced U.S. auto tariffs of 15% on South Korea would be applied retroactively, effective from November 1. “We are also removing tariffs on aeroplane parts and will ‘un-stack’ Korea’s reciprocal 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
Markets in the Asia-Pacific region experienced an uptick on Wednesday, following the upward momentum observed, fueled by optimism regarding a potential reduction in benchmark interest rates by the U.S. Federal Reserve in December. Expectations increased following a report indicating that White House National Economic Council Director Kevin Hassett is viewed as the leading candidate for Read More
On Monday, the Asia-Pacific markets exhibited a mixed performance following indications from New York Federal Reserve President John Williams that a third rate cut could be on the horizon this year. On Friday, Williams indicated that the Federal Reserve might consider reducing its key interest rate, as the fragility of the labor market presents a Read More
Asia-Pacific markets experienced a decline on Friday, following a downturn in U.S. tech stocks and a diminishing optimism among investors regarding a potential rate cut by the Federal Reserve in December. Japan’s Nikkei 225 experienced a decline of 2.4%, closing at 48,625.88, whereas the Topix index concluded the day with no significant change. Tech conglomerate Read More
The shares of China’s CATL, the world’s largest battery manufacturer, listed in Hong Kong, experienced a decline of up to 8.75% on Thursday. This drop occurred as investors aimed to secure profits after the expiration of a six-month sales restriction on approximately 77.5 million shares owned by early stakeholders. The 23 cornerstone investors comprise Sinopec 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
On Monday, Asia-Pacific markets exhibited a mixed performance as investors evaluated the escalating tensions between Japan and China, following Beijing’s advisory to its citizens regarding travel and study intentions in Japan. Japan’s benchmark declined by 0.1% to finish at 50,323.91, while the Topix experienced a loss of 0.37% at 3,347.53, driven by a downturn in Read More
On Thursday, shares in the Asia-Pacific region predominantly experienced an upward trend following the enactment of a funding bill by U.S. President Donald Trump, which marked the conclusion of the longest federal government shutdown in U.S. history. Japan’s benchmark Nikkei 225 index increased by 0.43%, closing at 51,281.83, while the Topix increased by 0.67% to Read More
