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
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
Markets in the Asia-Pacific region experienced a decline on Friday, mirroring the losses observed, as technology stocks faced ongoing pressure amid uncertainties regarding potential rate cuts by the Federal Reserve. Japan’s benchmark Nikkei 225 index experienced a decline of 1.77%, closing at 50,376.53, while the Topix fell by 0.65%, finishing the trading day at 3,359.81. Read More
SoftBank Group experienced a decline of up to 10% on Wednesday following the announcement of its complete divestment from U.S. chipmaker Nvidia for $5.83 billion. This move reflects the Japanese conglomerate’s strategy to leverage its significant investment in OpenAI, the creator of ChatGPT. SoftBank’s shares ended the trading session down by 3.46%, closing at 21,910. Read More
Markets in the Asia-Pacific region experienced a general upward trend on Monday, following a positive performance from all three major U.S. indexes on Friday. Investors in Asia are evaluating the manufacturing activity data released from China following RatingDog’s publication of its purchasing managers index for October. China’s manufacturing activity registered a slowdown at 50.6, falling Read More
