Asia Shares

Asian shares mostly lower as tech rally cools amid US shutdown progress

Asian shares were mostly lower on Tuesday as the recent rebound fuelled by buying of technology shares lost steam. Markets showed little reaction to the latest step toward ending the US shutdown, after the Senate passed legislation to reopen the government. US futures were little changed and oil prices slipped. Shares have been bouncing on criticism that tech share prices have shot too high due to the mania for artificial intelligence, which some have likened to the 2000 dot-com bubble that ultimately burst. In Tokyo, the Nikkei 225 lost 0.5 per cent to 50,675.92. The US dollar climbed to 154.15 against the Japanese yen, from 154.14 yen, near its highest since February. Expectations that the government will push back its schedule for trimming Japan's huge national debt and boost spending have helped to weaken the yen. The euro inched up to USD 1.1563 from USD 1.1557. Chinese shares also declined. Hong Kong's benchmark Hang Seng index fell 0.2 per cent to 26,595.97 and the Shangh

Asian shares rise as US Senate moves closer to ending govt shutdown

Shutdown has taken a toll on the US economy, with federal workers from airports to law enforcement and the military going unpaid while the central bank flies blind with limited government reporting

Plunge in Asia's AI shares raises doubts over world-beating rally

Asia's tech sector has outpaced its US counterpart this year, fueled by cheaper valuations and the excitement sparked by China's AI breakthroughs, particularly that of DeepSeek

Asia shares sideswiped by US economic jitters, retreat in oil prices

Some early resilience in US stock futures and a continued retreat in oil prices did help limit the losses, but the bleak message from the July payrolls report was hard to ignore

Asian shares mostly gain as US-China agree to 90-day trade war pause

Asian shares were mostly higher Wednesday as a cautious sense of relief spread through regional markets after the US and China agreed to a 90-day pause in their trade war. Japan's benchmark Nikkei 225 lost 0.8 per cent to 37,874.59. Australia's S&P/ASX 200 shed 0.1 per cent to 8,260.40. South Korea's Kospi surged 1.1 per cent to 2,635.86. Hong Kong's Hang Seng jumped 1.1 per cent to 23,367.57, while the Shanghai Composite gained 0.1 per cent to 3,377.75. The relief over the trade truce between the US and China is tepid among global businesses and investors given uncertainty over how long it might last and where tariffs might go in the months ahead. In the absence of a lasting deal, uncertainty over where tariff rates will settle and the impact of those already implemented will remain key factors in our macroeconomic forecasts, said Brian Coulton, chief economist at Fitch Ratings. A report overnight that showed US inflation unexpectedly slowed last month helped drive buying that .

Asian stocks rise as signs of possible US-China trade talks lift sentiment

China's commerce ministry said on Friday the United States has repeatedly expressed its willingness to negotiate on tariffs and that Beijing's door is open for talks

Asian stocks rise as Trump calms Fed fears, hints at China trade deal

Trump also reiterated he wanted to do a deal with China where tariffs would not be anywhere near 145 per cent, but added that he would set the terms of a deal if Beijing did not enter talks

Asia shares rise on auto gains, bonds hold steady on some tariff reprieve

Trump said on Monday he was considering a modification to the 25 per cent tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places

Asian shares deepen losses after Wall St fall, tariffs due to take effect

Asian shares sank again on Wednesday as the latest set of US tariffs, including a massive 104 per cent levy on Chinese imports, was due to take effect. Japan's Nikkei 225 index initially lost nearly 4 per cent and markets in South Korea, New Zealand and Australia also declined. On Tuesday, the S&P 500 dropped 1.6% after wiping out an early gain of 4.1%. That took it nearly 19% below its record set in February. The Dow Jones Industrial Average dropped 0.8%, while the Nasdaq composite lost 2.1%. Uncertainty is still high about what President Donald Trump will do with his trade war. The sharply higher tariffs were scheduled to kick in after midnight Eastern time in the US, and investors have no idea what to make of President Donald Trump's trade war. The retreat overnight and into early Wednesday in Asia followed rallies for stocks globally earlier in the day, with indexes up 6 per cent in Tokyo, 2.5 per cent in Paris and 1.6 per cent in Shanghai. The Nikkei 225 in Tokyo fell more ..

Asian markets slip following Trump's 'reciprocal' tariffs announcement

Asian markets and US futures tumbled Thursday following US President Donald Trump's announcement of big increases in tariffs on imports of goods from around the world. Tokyo's Nikkei 225 index dipped more than 3.4 per cent, but recovered slightly. It was down 2.9 per cent at 34,699.52. Trump said he was imposing a 24 per cent reciprocal tariff on Japan, one of the United States' closest allies. South Korea, also an ally, was hit with a 25 per cent tariff. Its benchmark Kospi slumped 1.9 per cent soon after the opening, to 2,459.30. In Australia, the S&P/ASX 200 fell 1.8 per cent to 7,793.10. The future for the S&P 500 dropped 3% while that for the Dow Jones Industrial Average lost 2 per cent, auguring potential losses when US markets reopen on Thursday. On Wednesday, US stocks whipped through another dizzying day before Trump's unveiling of his Liberation Day tariffs. The S&P 500 rose 0.7 per cent to 5,670.97 after careening between an earlier loss of 1.1 per cent and a ...

Asian stocks rise as easing tariff outlook boosts risk appetite; dollar up

Trump said on Monday automobile tariffs are coming soon even as he indicated that not all of his threatened levies would be imposed on April 2 and some countries may get breaks

Asian shares slip as investors brace for uncertainty, await US jobs report

Asian shares were mostly lower on Friday, with Tokyo's benchmark down more than 2% after a sell-off on Wall Street. US futures and oil prices were higher. Bitcoin was trading near $88,266, down 3.4% according to CoinDesk, after President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency's journey towards possible mainstream acceptance. China reported lower than expected exports and imports for January-February, with exports growing just 2.3% and imports sinking 8.4%, the government said. China's trade data for the first two months of the year are usually combined to make up for distortions from Lunar New Year holidays. US stocks fell after President Donald Trump offered another temporary reprieve from his 25% tariffs on many goods imported from Mexico and Canada, underscoring the uncertainty the tariffs have created for the global economy. Investors showed little enthusiasm, unlike the bounce stocks got

Asian shares rebound as investors cheer Trump's pullback on some tariffs

Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after President Donald Trump pulled back on some of his tariffs hikes. US futures were little changed, while benchmarks surged in Japan and China. Trump's decision to give a one-month exemption for US automakers on his 25% tariffs for Mexican and Canadian imports raised hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. Tokyo's Nikkei 225 index gained 0.8% to 37,704.93. Japanese automakers' shares surged in US trading, though Toyota Motor Corp's shares fell back in Tokyo trading. losing 1%. Honda Motor Corp. gained 2% and Nissan Motor Co. rose 1.1%. Hong Kong's Hang Seng index jumped 3.3% to 24,362.68 following Chinese government reports to the annual legislative session that showed a greater resolve by Beijing to boost consumer spending and other domestic demand. The Shanghai Composite index advanced 1.2% to 3,381.10. South Korea's Kospi jumped 0.7% to 2,576.

Asian shares get China boost, gold heads for eighth straight weekly gain

Chinese stocks have been on a tear in recent days, driven by DeepSeek's AI breakthrough

Asian stocks stutter after Trump vows tariff on auto, drugs, chips

NEW YORK/SINGAPORE (Reuters) -Asian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of U.S President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.

Asia shares rise on tech gains, Japan's yen boosted by strong GDP growth

For now, investors were just relieved that major tariffs had not already been introduced and MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.3 per cent

Asia shares slip, dollar up with yields as Trump's trade tariffs loom

China's retaliatory tariffs on some US exports are due to take effect on Monday, with no sign as yet of progress between Beijing and Washington

Asian stocks slump, dollar soars as Trump tariffs trigger trade war

Trump slapped Canada and Mexico with duties of 25 per cent and China with a 10 per cent levy at the weekend, as he had threatened last month, calling the measures necessary

Asia equities slide with US futures on China's AI push; dollar firms

US Nasdaq Composite futures tumbled 1.8 per cent as of 0158 GMT and S&P 500 futures sank 0.9 per cent

Asian shares helped by China uplift, Trump's tariff plan hangs in air

The big moves in Chinese stocks helped lift MSCI's broadest index of Asia-Pacific shares outside Japan up 0.11 per cent, reversing its losses from earlier in the sesion