MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.12 per cent, hovering near the record high it touched on Monday
Shares were mixed in Asia, and Tokyo's Nikkei 225 index hit a fresh record Monday after US stocks ended last week with new highs. The price of oil gained more than USD 1 as talks on ending the war with Iran hit more snags. The White House cancelled plans to send envoys to Pakistan for more negotiations, and US President Donald Trump cited a lack of progress. "If they want, we can talk, but we're not sending people," Trump told Fox News on Sunday. He said earlier on social media: "All they have to do is call!!!" This week will bring decisions on interest rates by top central banks, including the Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of England. In Tokyo, the Nikkei 225 surged 1.4 per cent to 60,564.18, touching new intraday highs. The Kospi in South Korea jumped 2.1 per cent to 6,617.94. Hong Kong's Hang Seng index edged 0.1 per cent lower to 25,951.86, and the Shanghai Composite index was up 0.2 per cent at 4,089.04. Australia's S&P/ASX 200 ..
SURAT, India, April 24 (Reuters) - A surge in fossil fuel prices since the Iran war is squeezing polyester suppliers and garment makers across India and Bangladesh, threatening to raise costs for fast-fashion retailers like Zara and H&M.
The mixed showing underscored the tense market mood as investors this week seesawed between hope for an imminent end to the war and fear that it might not come soon
Shares were mixed Tuesday in Asia and oil prices slipped following the latest rise of US-Iran tensions. The lackluster start to trading Tuesday followed a modest retreat on Wall Street. But US futures edged higher. With the fate of talks between Iran and the US on ending the war unclear, the price for a barrel of Brent crude oil remained above USD95, slipping just 0.4% to USD95.10 per barrel. US benchmark crude oil lost 0.9% to USD86.66 per barrel. In Tokyo, the Nikkei 225 climbed 1.1% to 59,485.54 on strong gains for tech-related companies like Tokyo Electron, which rose 4.4%. Tech and energy giant SoftBank Group Corp. gained 5.5%. South Korea's Kospi jumped 1.8% to 6,327.73 and Taiwan's Taiex advanced 1.7%. The Hang Seng in Hong Kong edged 0.1% lower, to 26,382.30 and the Shanghai Composite index lost 0.3% to 4,068.28. Australia's S&P/ASX 200 declined 0.1% to 8,942.80. US President Donald Trump attacked critics after a second round of talks with Iran was thrown into doubt by
The Asia-Pacific was hit hard and quick by the war in Iran and its energy bottlenecks; scenes of crisis there indicate that problems are multiplying and spreading
Brent crude futures dropped more than 1% to $98.14 a barrel while US West Texas Intermediate crude futures fell 1.6% to $93.15 a barrel
President Donald Trump said talks with Iran could resume in Pakistan over the next two days, after the collapse of weekend negotiations prompted Washington to impose a blockade on Iranian ports
Asian stocks were trading higher tracking Wall Street gains and oil fell on Tuesday as expectations rose over a possible second round of talks between the US and Iran to end West Asia conflict. Tokyo's Nikkei 225 was up 2.4 per cent to 57,842.72. South Korea's Kospi jumped 3.4 per cent to 6,004.30. Hong Kong's Hang Seng rose 0.4 per cent to 25,759.75, while the Shanghai Composite index climbed 0.6 per cent to 4,010.45. China on Tuesday reported worse-than-expected export growth of 2.5 per cent in March for the first month since the Iran war began. Australia's S&P/ASX 200 gained 0.3 per cent, and Taiwan's Taiex rose 2.2 per cent. Investors are still hopeful for a lasting de-escalation of the Iran war, which is in its seventh week, as the US and Iran are said to be weighing a second round of talks before a temporary ceasefire agreement expires next week. The US military on Monday began a blockade of Iranian ports as Washington steps up its pressure on Tehran, following ceasefire ...
The Sensex touched a low of 75,868, down 1,682 points, or 2 per cent. Likewise, the Nifty 50 hit an intraday low of 23,555, down 495 points, or 2 per cent
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.9 per cent to put it up 7.3 per cent for the week, the most since November 2022
The effective closure of the Strait of Hormuz - and attacks on the world's largest LNG export plant in Qatar - has throttled about a fifth of global supply, upending the gas market and lifting prices
Chinese blue chips slipped 0.6 per cent, while MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.7 per cent
Asian shares were mixed in cautious trading on Tuesday, as oil prices continued to surge ahead of a deadline that US President Donald Trump set for Iran to reopen the Strait of Hormuz to all shipping traffic or risk its power plants and bridges being bombed. Japan's benchmark Nikkei 225 erased earlier gains to decline 0.2 per cent in morning trading to 53,310.30. Australia's S&P/ASX 200 gained 1.5 per cent to 8,706.90. South Korea's Kospi was little changed, inching down less than 0.1 per cent to 5,445.80. The Shanghai Composite edged up 0.4 per cent to 3,896.98. Trading was closed in Hong Kong for a holiday. On Wall Street, stock prices drifted higher, with the S&P 500 rising 0.4 per cent, coming off its first winning week in the last six. The Dow Jones Industrial Average added 165 points, or 0.4 per cent, and the Nasdaq composite climbed 0.5 per cent. In energy trading, benchmark US crude jumped USD 2.37 to USD 114.78 a barrel. Brent crude, the international standard, added .
Asian markets that were open for trading mostly rose Monday, as investors continued to closely watch the war in Iran, soaring oil prices and what President Donald Trump might say next. Japan's benchmark Nikkei 225 rose nearly 1.1 per cent to 53,692.42 in morning trading. South Korea's Kospi gained 1.5 per cent to 5,460.24. Trading was closed in Australia for Easter, and in Hong Kong and Shanghai for a traditional Chinese holiday. The Tuesday deadline Trump has given for Iran to open the Strait of Hormuz is looming. Some analyst fear the war may escalate after that. Over the weekend Trump made more threats against Iran, even as the bombing continued in the region. The United States rescued two aviators whose fighter jet was shot down by Iran. The key market focus continues to be on oil prices. Benchmark US crude gained 38 cents to USD 111.92 a barrel. Brent crude, the international standard, added USD 1.71 to USD 110.74 a barrel. Energy markets were closed Friday, but the prices ha
Indian stock markets crashed on April 2, 2026, with the Sensex falling over 1,500 points and Nifty dropping 2 per cent after US President Donald Trump's warning of intensified attacks on Iran
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The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years
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