Asia-Pacific markets exhibited a mixed performance on Wednesday as investors analyzed Japan’s trade data. In November, Japan’s exports experienced a year-on-year increase of 6.1%, according to data, significantly exceeding the 4.8% average increase surpassing the 3.6% growth recorded in the previous month. Japan’s Nikkei 225 rose 0.26% to close at 49,512.28, while the Topix ended Read More
Markets in the Asia-Pacific region experienced a decline on Monday, following a downturn on the previous Friday, as investors paused their engagement with the AI sector. “[Friday] is a value-outperforms-growth day,” stated Jed Ellerbroek. “Investors exhibit a degree of skittishness regarding AI — not overtly pessimistic, but rather cautious, nervous, and hesitant.” Market participants in Read More
Asia-Pacific markets exhibited a mixed performance on Friday, reflecting the lackluster session observed on Wall Street. Australia’s ASX/S&P 200 experienced an increase of 0.19%, reaching a level of 8,634.6. Japan’s benchmark Nikkei 225 index experienced a decline of 1.05%, closing at 50,491.87, while the Topix also fell by 1.05%, finishing at 3,362.56. Yields on the 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
SoftBank spearheaded the increase in Japanese technology stocks on Wednesday, following the upward trend of market counterparts, thereby elevating the Nikkei 225 index. SoftBank, a major player in tech-focused investments, increased by over 6%, breaking a three-day sequence of declines. Tokyo Electron of Japan and Lasertec, which provides essential chipmaking equipment to foundries that manufacture 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
