Asia Stocks

Asian shares rally after oil prices slip, Wall Street resumes its AI rally

Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and oil prices fell back. The advance was also powered by a stronger-than-expected quarterly report from chipmaker Nvidia, whose profit rocketed more than 200% higher in the February-April quarter from a year earlier, while revenue jumped 85%. Nvidia has been one of the biggest beneficiaries from the boom in artificial intelligence, thanks to powerful demand for its high-end AI chips. Its shares rose 1.3% on Wednesday before its earnings report was released, but they fell 1.3% in afterhours trading after the announcement. South Korea's Kospi soared 8% to 7,787.74, helped by strong buying of technology shares such as Samsung Electronics, which gained 7.5% after its labour union and management reached an agreement late Wednesday that averted a strike. Shares in SK Hynix, a computer chipmaker partnering with Nvidia, surged 11.3%. The Kospi has been breaching records, recently .

Asian stocks rise on AI enthusiasm as investors await Trump-Xi meeting

Japan's Nikkei was perched at a new all-time peak with data showing AI-linked demand partly helped lift earnings for Japanese firms

Market Close: Sensex jumps 941 pts on fag-end buying, Nifty ends at 24,331 on US-Iran peace hopes

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.76 per cent and 1.93 per cent higher, respectively

Stock Market Close: Sensex gains 609 pts; Nifty ends at 24,178; FMCG, auto, realty shine

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap ended 0.07 per cent down, and the Nifty SmallCap settled 0.65 per cent higher

Stock Market Close: Sensex snaps 3-day winning streak, falls 757 pts, Nifty ends below 24,400

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.19 per cent and 1.13 per cent higher, respectively.

Stock Market Close: Sensex drops 703 points, Nifty at 23,843; Adani Ent, ICICI Bank top gainers

Sensex Today | Stock Market LIVE Updates, Monday: The GIFT Nifty hinted at a negative open. Asian markets fell as the US will block the Iranian ports after failed talks

Sentiment shift: Global funds pull money from Asia at fastest pace in years

Funds have sold net $11 billion of shares in developing Asia, excluding China, this week

Asian shares get tech lift as Iran, rate uncertainty loom over markets

Trading was ​thinned in Asia with markets in Hong Kong, China and Taiwan closed for the Lunar New Year holiday, but MSCI's broadest ‌index of Asia-Pacific shares outside Japan was up 0.5 per cent

Asian shares falter as AI cost fears fuel global tech selloff jitters

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

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

Asian markets retreat from record highs as investors book profits

Overnight, a rally in US tech shares buoyed both the US S&P 500 and Nasdaq, though futures pointed to declines of 0.3 per cent and 0.5 per cent, respectively

Asia stocks mostly on the rise as tariff truce supports sentiment

Markets have held modest ranges in recent weeks, waiting to see whether the world's two largest economies can agree on a durable trade deal or if global supply chains will again be upended

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 sink as China-US trade war escalates; Nikkei dives 5.6%

Asian shares sank Friday after US stocks reversed much of their historic gains from the day before. The deepening worries over President Donald Trump's trade war initially helped pull Japan's Nikkei 225 share index down 5.6%. By mid-morning in Tokyo, it was down 4.7% at 32,969.95. The yen surged against the US dollar, which also lost value against the euro. One dollar bought 143.48 Japanese yen, down from about 146 yen a day earlier. The euro rose to $1.1305 from $1.1195. South Korea's Kospi fell 1.6% to 2,400.34, while in Australia, the S&P/ASX 200 shed 2.1% to 7,552.10. On Thursday, the S&P 500 tumbled 3.5%, slicing into Wednesday's surge of 9.5% following Trump's decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average dropped 1,014 points, or 2.5%, and the Nasdaq composite tumbled 4.3%. But China announced more countermeasures against the United States and losses for US stocks accelerated after the White House clarified that the United States will .

Asian stocks slid after Wall Street surrendered to hit by Trump's tariffs

Asian markets retreated Friday after Wall Street shuddered with a level of shock unseen since the COVID-19 impact tore on Trump's latest set of tariffs' damage on the world's economy. Futures for U.S. stocks and the oil prices declined. Tokyo's Nikkei 225 lost 2.6% to 33,818.18, and Korea's Kospi fell 0.8% to 2,467.14 after the two countries pivoted to negotiating lower tariffs with Trump's administration. Australia's S&P/ASX 200 dropped 1.9% to 7,713.60. Chinese markets were closed for a holiday. Trump announced a minimum tariff of 10% on imports, with the tax rate running much higher on products from certain countries like China and those from the European Union. It's plausible the tariffs altogether, which would rival levels unseen in roughly a century, could knock down US economic growth by 2 percentage points this year and raise inflation close to 5%, according to UBS. Such a hit would be so big that it makes one's rational mind regard the possibility of them sticking as low,