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
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
Japan’s benchmark Nikkei 225 index concluded the trading session with a gain of 1.23%, reaching 50,167.1, primarily driven by advancements in technology stocks. Meanwhile, the Topix index experienced an increase of 0.39%, finishing at 3,368.57. Among the top movers were Advantest, which increased by 4.88%, tech conglomerate SoftBank Group, which rose by 3.57%, and Lasertec, 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
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 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
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
