Asian Shares

The recent selloff, triggered by a new legal tool from Anthropic's Claude large language model, has wiped out about $830 billion in market value since January 28

Gold and Asian equities rebounded on Tuesday as trading conditions steadied following sharp swings in metals markets, with sentiment helped by stronger-than-expected US factory data

US futures and Asian shares skidded Monday, and oil prices fell more than USD 2 a barrel. In South Korea, the Kospi tumbled 4.6 per cent to 4,982.54 as worries revived over a potential bubble in the craze for artificial intelligence. Samsung Electronics gave up 3.5 per cent, while chip maker SK Hynix sank 5.6 per cent. The Kospi has been forging records for weeks as major tech companies piggybacked on the AI craze with deals with major players like chip maker Nvidia. In other dealings, the price of gold fell 1 per cent, while silver gained more than 2 per cent after both plunged on Friday, marking a halt to record runs in precious metals markets. Markets appeared jittery as investors studied what President Donald Trump's new nominee to lead the Federal Reserve, Kevin Warsh, will mean for interest rates. The future for the S&P 500 sank 0.9 per cent while that for the Dow Jones Industrial Average fell 0.5 per cent. US benchmark crude lost USD 2.80 to USD 62.41 per barrel. Speaking .

S&P 500 e-mini futures slid 0.4 per cent and Nasdaq e-mini futures were off 0.5 per cent, while precious metals were choppy after a flash crash

Asian shares were mixed on Wednesday after the S&P 500 ticked to a record, as the US dollar's value slid further. Later Wednesday, the Federal Reserve will announce its next move on interest rates. The expectation is that it will hold its main interest rate steady for now. South Korea's benchmark hit a record, lifted by gains for technology shares like computer chip maker SK Hynix, which climbed 3 per cent. The Kospi was up 1.3 per cent at 5,152.14. Tokyo's Nikkei 225 index lost 0.5 per cent to 53,055.58. The dollar rebounded slightly against the Japanese yen but has still weakened sharply since last week, putting pressure on shares of major exporters. Toyota Motor Corp. lost 3 per cent, and other major manufacturers also extended losses. The dollar was trading at 152.75 yen, up from 152.19 yen. But it's nearly 4 per cent lower than its level last week, when it surged to near 160 yen, prompting both Japanese and US officials to warn they will intervene to stanch the yen's ...

Asian shares were mostly higher Tuesday after US stock indexes ticked upward, buoyed by strong profit reports for some companies. The price of gold slipped back from its record, edging 0.2 per cent lower to USD 5,071.70. Silver lost 5.1 per cent to USD 109.66 per ounce. In Tokyo, the Nikkei 225 rose 0.6 per cent to 53,188.39. The Kospi in South Korea surged 1.9 per cent to 5,042.32 even after US President Donald Trump said he would raise tariffs on South Korean goods because the country's national assembly has yet to approve a trade framework announced last year. Trump said on social media Monday that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15 per cent to 25 per cent. Gains for tech-related shares like Samsung Electronics, which rose 2.9 per cent, helped offset losses for automakers like Kia Corp., which fell 2 per cent. Chinese markets were mixed. Hong Kong's Hang Seng advanced 1.1 per cent t

Asian shares mostly declined Monday, as Japan's benchmark took a tumble after the yen surged against the U.S. dollar. Japan's benchmark Nikkei 225 dropped 1.9% to 52,812.45 on selling of big exporters like Toyota Motor Corp., whose shares fell 3.2%. A weak currency is generally favourable for Japanese exporters because it helps elevate the value of their overseas earnings. In recent months, the dollar has gained against the yen. It fell sharply in the past few days after officials in both Japan and the U.S. indicated they were prepared to intervene to support the yen. The dollar slipped to 154.26 Japanese yen from 155.01 yen. It had been trading around 158 yen last week. The euro rose to $1.1866 from $1.1858. Elsewhere in Asia, South Korea's Kospi dipped 0.6% to 4,961.58. Hong Kong's Hang Seng inched down 0.1% to 26,722.89, while the Shanghai Composite added 0.1% to 4,141.10. Markets were closed in Australia, New Zealand, India and Indonesia. US futures edged lower on persistin

Chinese markets also saw moderate gains as the Hang Seng in Hong Kong added 0.3 per cent to 26,718.13, while the Shanghai Composite index also was up 0.3 per cent, at 4,133.58

Asian shares mostly advanced on Thursday, tracking Wall Street, after US President Donald Trump walked back from imposing tariffs on eight European countries over Greenland and ruled out using military force to take control of the territory. The future for the S&P 500 was up 0.4% on Thursday, while that for the Dow Jones Industrial Average increased 0.3%. Tokyo's Nikkei 225 climbed 1.9% to 53,760.85, with technology stocks among those leading the gain. SoftBank Group jumped 11% and chipmaker Tokyo Electron rose 3.7%. South Korea's Kospi was up 2% to 5,008.08, crossing the 5,000 mark for the first time after hitting records earlier this month. Technology-related stocks drove the rally. Shares of Samsung Electronics rose 3.3%, and chipmaker SK Hynix was up 2.3%. Hong Kong's Hang Seng fell 0.2% to 26,531.29. The Shanghai Composite index dropped nearly 0.2%, to 4,110.86. In Australia, the S&P/ASX 200 traded 0.7% higher to 8,841.70. Taiwan's Taiex jumped 2%, while India's Sensex ...

In early trade, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%. Japan's Nikkei slumped 1.2%, down for the fifth straight day

Overnight, gains in technology and financial stocks sent Wall Street higher, with Nasdaq futures up 0.4 per cent in the Asian session

Asian shares were mostly lower and US futures also fell Thursday after Wall Street retreated, dragged down by falls in Big Tech stocks. Oil prices fell more than $2 a barrel after US President Donald Trump said he was told on good authority that plans for executions in Iran have stopped, even as Tehran has signaled fast trials and executions ahead in its crackdown on protesters. US benchmark crude fell $2, or 3.3%, to $59.88 per barrel. Brent crude, the international standard, shed $2.12, or 3.2%, to $64.40 per barrel. In Asian trading, Tokyo's Nikkei 225 slipped 0.9% to 53,863.84, with technology-related stocks trading lower. SoftBank Group fell 5.6%, testing equipment maker Advantest fell 4.1% and chip maker Tokyo Electron fell 3.3%. Shares of machinery and equipment maker Toyota Industries rose 6% following reports that automaker Toyota Motor has raised its buyout offer for the company to 18,800 yen ($118.61) per share. Hong Kong's Hang Seng dropped 0.6% to 26,850.78. Hong ...

The Japanese yen hit its weakest level since July 2024 at 159.415 per dollar in early Asian hours, as the threat of a market intervention resurfaced

In share markets, Japan's Nikkei returned from holiday with a jump of 3.4% to record highs, aided by a weak yen and talk of fiscal stimulus

US futures slipped but markets in Asia advanced Monday after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas. The threat of a criminal indictment over Powell's testimony about the Fed's building renovations is the latest escalation in President Donald Trump's feud with the Fed. Trump has criticized the Fed's $2.5 billion renovation of two office buildings as excessive. Markets appeared to take the news in stride, although gold and other precious metals often used as a hedge in times of uncertainty climbed. The futures for the S&P 500 and the Dow Jones Industrial Average fell 0.5%. The future for the Nasdaq composite index slipped 0.8%. In Asia, Hong Kong's Hang Seng gained 0.4% to 26,337.92, while the Shanghai Composite index also rose 0.4%, 4,135.31. Tokyo's markets were closed for a holiday. However, the US dollar rose against the Japanese yen, climbing to 157.96 yen from 157.90 late Friday. In South Korea, the Kospi

Strategists at Goldman Sachs Group Inc are overweight and expect further gains driven partly by surging artificial intelligence-related demand and reasonable valuations

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent in early trading, just below the record high it hit earlier in the week

Asian shares were mostly lower, and US futures also declined on Thursday as Wall Street's New Year's rally faded. Tokyo's Nikkei 225 dropped 1.6 per cent to 51,117.26, with technology stocks among those leading the decline. SoftBank, which focuses on tech investments, dropped 7.6 per cent, while semiconductor equipment maker Tokyo Electron dipped 4 per cent. Hong Kong's benchmark Hang Seng lost 1.2 per cent to 26,143.17, although shares of OpenAI's Chinese rival Zhipu rose as much as around 15 per cent above their offer price in the company's trading debut. The Shanghai Composite index fell nearly 0.1 per cent to 4,082.98. South Korea's Kospi, which reached record high levels this week, mostly flatlined on Thursday, adding less than 0.1 per cent to 4,552.37. In Australia, the S&P/ASX 200 added 0.3 per cent to 8,720.80, while Taiwan's Taiex slid more than 0.2 per cent. US stock futures fell, with the futures for the S&P 500 and the Dow Jones Industrial Average declining 0.3 per

Japanese shares weighed down regional equity benchmarks, while commodity shares were broadly higher after an overnight surge in industrial metals prices

Asian shares and US futures advanced on Tuesday after stocks closed higher on Wall Street. Oil prices fell back after gaining Monday following the capture by US forces of Venezuelan President Nicolas Maduro in a weekend raid. In Tokyo, the Nikkei 225 gained 1.1 per cent to 52,389.63 on strong buying of tech related shares like precision tools maker Disco Corp., which jumped 5.3 per cent. South Korea's Kospi pushed further into record territory, gaining 0.8 per cent to 4,495.49, buoyed by gains for automakers and some electronics manufacturers. Hong Kong's Hang Seng surged 1.8 per cent to 26,815.75 and the Shanghai Composite index was up 1.1 per cent at 4,069.38. In Australia, the S&P/ASX 200 slipped 0.4 per cent to 8,697.10. Taiwan's Taiex climbed 1.2 per cent, while in India, the Sensex edged 0.1 per cent lower. Monday's gains on Wall Street were broad, with particularly big jumps for energy companies and banks. Elsewhere, industrial companies and retailers joined in to help ..