In the week ending June 27, foreign investors divested from Japanese equities at the quickest rate observed in approximately three months, capitalising on gains from technology stocks amid elevated valuations following a robust performance in the previous quarter. There has also been increasing concern regarding AI expenditures financed through borrowing. Non-native investors withdrew a net Read More
Japan’s Nikkei share average reversed course to conclude the day on a positive note on Monday, as chip-related stocks mitigated losses following South Korea’s announcement of extensive chip and AI mega-projects. The Nikkei closed 0.15% higher at 69,468.11, after experiencing a decline of as much as 1.97% earlier in the session. The broader Topix rose Read More
Japan’s Nikkei share gauge experienced a decline for the second consecutive day on Wednesday, influenced by apprehensions regarding possible interest rate increases by the Federal Reserve and the valuations within the AI sector that dampened market sentiment. The benchmark Nikkei 225 slid 0.88% to close at 69,174.97, retreating further from a record high reached on Read More
Asian stock markets are predominantly experiencing declines on Monday, influenced by the generally negative signals from European markets and the absence of direction from Wall Street overnight. This comes amid renewed uncertainty regarding the peace agreement aimed at resolving the Middle East conflict, following US President Donald Trump’s warning of potential new strikes should Hezbollah Read More
Japan’s Nikkei share average concluded the trading day on a positive note on Tuesday, buoyed by a rebound in chip-related heavyweights that had suffered significant losses in the preceding session. The Nikkei closed up 2.17% at 65,416.63. The index experienced a decline of 3.85% on Monday, marking its most significant one-day loss in the past Read More
Asia-Pacific markets exhibited a mixed performance on Wednesday, as investors processed an inflation reading for April that exceeded expectations, amidst apprehensions regarding elevated oil prices and the persistent conflict in the Middle East. President Donald Trump on Monday characterized the month-old ceasefire between the U.S. and Iran as “unbelievably weak” and “on massive life support,” Read More
Asia-Pacific markets exhibited a tempering of losses subsequent to a significant downturn on Monday, as reports emerged of Saudi Arabia’s decision to release crude into the market, thereby alleviating oil prices. The kingdom had provided approximately 4.6 million barrels through a pipeline to Yanbu on the Red Sea, as reported. Oil prices experienced a decline Read More
