Asian Stocks

Brent crude futures extended gains into a second day as trading resumed in Asia, rising 0.7 per cent to $95.34 a barrel after the US launched a barrage of airstrikes on Iran

Asian stocks fell as renewed US-Iran fighting pushed Brent crude above $90 a barrel, while hawkish Fed signals lifted bets on a September rate hike

MSCI's broadest index of Asia-Pacific shares excluding Japan was up 0.7 per cent, on track to ‌extend gains into a third consecutive day after Nvidia reported that quarterly revenue more than doubled

Investors awaited Nvidia's second-quarter earnings later in the day, with the focus on whether the massive AI spending boom is sustainable and can turn profits that will satisfy markets

Stocks to watch today: The offer for sale (OFS) by Hindustan Copper will open for retail investors today following an overwhelming demand seen on the first day.

The tech sector is holding its breath for Nvidia's results ‌on Wednesday; investors are aware how hard it will be for the chipmaker to meet lofty expectations

The ​entire tech sector is holding its breath for Nvidia's results on Wednesday; investors are aware how hard ​it will be for the chip maker to meet stratospheric expectations

Yields on US ​Treasuries had resumed their climb after Wednesday's surprise intervention by Treasury brought barely a day of relief from selling

Asian shares advanced Thursday, tracking Wall Street gains, and South Korea's benchmark Kospi jumped more than 6 per cent. US futures edged higher after the Treasury Department said it would at least double the size of planned purchases of longer-term government debt. That could ease pressure on share prices emanating from the bond market since the purchases would push bond prices higher, helping to bring down yields. The Kospi surged 6.1 per cent to 6,858.91 after sinking 5.8 per cent on Wednesday on renewed selling of shares related to artificial intelligence. Samsung Electronics jumped 9.7 per cent, while memory chipmaker SK Hynix surged 14.1 per cent after the company announced a significant share buyback plan. Japan's Nikkei 225 gained 1.3 per cent to 66,178.26, reversing declines earlier in the week. Japan reported it logged a trade deficit for a third straight month in July, as both imports and exports hit record highs. Shares of OpenAI investor SoftBank Group, a Japanese

Shares slipped Wednesday in Asia after Wall Street pulled further from its all-time high as artificial-intelligence stocks resumed their decline. South Korea's Kospi led the regional retreat, dropping 5.2 per cent to 6,515.97. The two biggest companies benefiting from the AI boom tracked losses for their US rivals. Samsung Electronics shed 6.9 per cent, while memory chipmaker SK Hynix tumbled 7.9 per cent. In Tokyo, the Nikkei 225 sank 2.6 per cent to 65,703.78. The Hang Seng in Hong Kong lost 0.4 per cent to 25,382.66, while the Shanghai Composite index shed 1.5 per cent to 3,927.70. Taiwan's Taiex fell 1.4 per cent, and Australia's S&P/ASX 200 slipped 0.4 per cent to 9,083.70. Apart from renewed jitters over criticism that AI-related stocks have shot too high, rising oil prices also were clouding market sentiment. Crude prices have been swinging sharply due to uncertainty about when and whether the United States and Iran can reach a deal to allow oil tankers to exit the Persian .

Brent crude futures climbed 27 cents, or 0.3%, to $91.14 by 0003 GMT, after rising to their highest since July 30 on Monday

On Monday, MSCI's broadest index of Asia-Pacific shares outside Japan was flat, while Japan's Nikkei edged 0.4% higher

The gains came as investor interest returned to technology hardware stocks on expectations of continued spending on artificial intelligence infrastructure by large technology companies

Asian equities gained after US consumer prices rose in line with expectations, while oil prices held near $80 a barrel amid a standoff between Washington and Tehran

MSCI's broadest index of Asia-Pacific shares outside Japan swung between losses and gains and was last up 0.2 per cent while South Korea's Kospi rose 0.3 per cent

Japan's Nikkei followed that lead and rose 0.6% on Monday, while South Korea added 0.5%

Tech stocks led losses across Asia after Wall Street's AI-driven rally lost steam, while oil prices held in a narrow range as investors weighed prospects for an Iran peace deal

Japan's Nikkei climbed 3.0% and South ​Korea added 3.4%, continuing its run of wild swings

Bharti Airtel, BSE, Deepak Nitrite, Godrej Properties, Emami, Kalyan Jewellers, MCX, Marico, Nykaa, ONGC, PNB Housing and UBL among key companies slated to post their earnings today.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1%, led ‌by South Korean shares rallying as much as 2.1%