Page 13 - Asian Markets

Asian shares climb after Wall Street gains, strong corporate earnings

Shares were mixed Wednesday in Asia after US stocks rose again as companies reported stronger-than-expected profits. US futures fell and oil prices also edged lower. Uncertainty around President Donald Trump's trade war limited gains in US stocks. So did a drop in consumer confidence and a weak update on how many job openings US employers were advertising at the end of March. Tokyo's Nikkei 225 index edged 0.1 per cent higher to 35,871.74. Japanese automakers' shares fell even after Trump signed an order relaxing some US tariffs on imports of autos and auto parts. In Hong Kong, the Hang Seng lost 0.3 per cent to 21,941.40, while the Shanghai Composite index slipped 0.1 per cent to 3,283.51. South Korea's Kospi dropped 0.6 per cent to 2,548.88, while the S&P/ASX 200 in Australia picked up 0.2 per cent to 8,086.90. Taiwan's Taiex was up 0.4 per cent. On Tuesday, US stocks rose again. The S&P 500 climbed 0.6 per cent to 5,560.83 as its winning streak extended to a sixth day. The .

Asian shares trade mixed as uncertainty persists over Trump's tariff plans

Asian shares traded mixed Thursday, as worries crept back following a Wall Street rally that came after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. Japan's benchmark Nikkei 225 added nearly 0.9 per cent in morning trading to 35,168.80. Australia's S&P/ASX 200 rose 0.6 per cent to 7,966.50. South Korea's Kospi lost 0.5 per cent to 2,513.17. Hong Kong's Hang Seng declined 0.3 per cent to 22,005.16, while the Shanghai Composite gained 0.4 per cent to 3,309.12. Calling Trump's policy announcements headline turbulence, Tan Jing Yi of the Asia & Oceania Treasury Department at Mizuho Bank warned that global economies could be hurt in the long run, adding, Sentiments swing from hopes of intense relief to inflicted economic gloom. On Wall Street, the S&P 500 climbed 1.7 per cent and added to its big gain from Tuesday that more than made up for a steep loss on Monday. The Dow Jones Industrial Average rose 419 .

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

Asian markets mixed as US tech earnings await amid trade war turmoil

Asian shares were mixed on Monday following the Easter weekend holiday, with some markets still closed. US futures were lower as US tech companies prepared to release their earnings after the recent spate of market turmoil brought on by President Donald Trump's trade war. 'One thing that's absolutely clear and no longer debatable is that the reputational hit to the US brand is real, and it's not fading quietly into the next news cycle," Stephen Innes of SPI Asset Management said in a commentary. Unconfirmed reports said China has stopped its imports of some US farm products and liquefied natural gas to avoid paying steep tariffs it imposed in retaliation for Trump's tariffs of up to 145% on imports of Chinese products. US President Donald Trump's trade war remains a source of deep uncertainty. Economists worry his use of sharp tariff hikes could cause a recession if fully implemented and left in place for a while. Tokyo's Nikkei 225 index lost 1% to 34,368.42 in the absence of s

Asian stocks edge higher amid thin holiday trading with most mkts closed

Traders are focused more on developments in country-specific discussions, seeking clues on how the tariffs will pan out

Trading guide, April 16: Global mkts, China GDP, Q4 results, IndusInd Bank

Stock Market Today, April 16, 2025: GIFT Nifty futures indicated a negative start. As of 6:57 AM, GIFT Nifty futures were down 63 points at 23,278

'Tariff trade' narrative seems to have run its course, says Elara Capital

In the US, foreign-domiciled funds withdrew $10 billion from effectively reversing inflows seen in April, as per Elara Capital

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

Trading guide, April 15: Global mkts, India's WPI, CPI for Mar, Q4 results

Trump said on Sunday that he would be announcing the tariff rate on imported semiconductors over the next week

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 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 ..

Stock mkt trading guide, Apr 9: RBI MPC outcome, Trump's 104% China tariff

On the institutional activity front, FIIs net sold shares worth ₹4,994.24 crore, while DIIs net bought equities of ₹3,097.24 crore, on April 8.

Stock market trading guide, Apr 7: Nikkei hits lower limit, US tariff woes

As of 6:36 AM, GIFT Nifty futures were down 1,006 points, at 21,952, compared to the previous close of Nifty futures at 22,958.15, signaling a gap-down start for Indian markets

Japan's Nikkei sinks to 18-month low as tariff fears trigger market fall

Asian shares nosedived on Monday after the meltdown Friday on Wall Street over US President Donald Trump's tariff hikes and the backlash from Beijing. US futures also signaled further weakness. The future for the S&P 500 lost 4.2% while that for the Dow Jones Industrial Average shed 3.5%. The future for the Nasdaq lost 5.3%. Tokyo's Nikkei 225 index lost nearly 8% shortly after the market opened and Australia's S&P/ASX 200 tumbled more than 6%. South Korea's Kospi lost 4.4%. Oil prices sank further, with US benchmark crude down 4%, or $2.50, at $59.49 per barrel. Brent crude, the international standard, gave up $2.25 to $63.33 a barrel. On Friday, Wall Street's worst crisis since COVID slammed into a higher gear. The S&P 500 plummeted 6% and the Dow plunged 5.5%. The Nasdaq composite dropped 5.8%. The losses came after China matched President Donald Trump's big raise in tariffs announced last week, upping the stakes in a trade war that could end with a recession that hurts

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,

Market Today: GIFT Nifty, Trump's 27% India tariff, F&O Expiry, Nikkei, IPO

In the previous session, Sensex gained 592.93 points (0.78 per cent) to close at 76,617.44, while Nifty50 rose 166.65 points (0.72 per cent) to settle at 23,332.35

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 ...

Stock Market Close Highlights: Sensex gains 341 pts, Nifty reclaims 22,500 as financial shares rally

Stock Market Highlights: In the broader market, the BSE MidCap advanced 0.8 per cent, while the SmallCap ended unchanged. Overall breadth was negative on the BSE.

'Impossible trinity' fuels cash crunch as Asia battles strong dollar

These moves are explained by what economists call the impossible trinity, the idea that countries can't simultaneously control their currencies

After Trump's tariffs, Mexico seeks Asian, European crude oil buyers

The official said potential Chinese buyers were "very interested" in initial conversations, adding that "demand will decide how these flows are redirected"