Asian Shares

Asian stocks rise as tech earnings lift chipmakers; oil at six-week highs

Asian markets advanced after strong US technology spending plans boosted chipmakers, while escalating conflict in West Asia pushed oil to six-week highs and revived inflation concerns

Asian markets advance as oil prices retreat on Iran ceasefire hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.25% higher after dropping for three straight sessions

Asian shares hesitant as oil prices climb, tech earnings come into focus

Brent crude climbed above $90 as the Gulf conflict intensified, reviving inflation worries and rate-hike bets ahead of earnings from major technology companies including Alphabet, Tesla and Intel

Asian shares fall; Nikkei plunges nearly 6% amid AI selloff, West Asia war

Asian shares skidded Friday, with Tokyo's Nikkei 225 down 5 per cent as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. South Korean markets were closed Friday, but shares in Taiwan also fell more than 5 per cent. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while US futures slipped. The Nikkei lost 5.8 per cent to 62,945.97, while the Hang Seng in Hong Kong shed 2 per cent to 24,514.29. The Shanghai Composite index was 1.6 per cent lower at 3,818.59. In Australia, the S&P/ASX 200 declined 0.7 per cent to 8,775.70. On Thursday, the S&P 500 fell 0.5 per cent even though nearly three out of every four stocks in the index rose after more ..

Asian shares decline as AI stocks tumble; South Korea's Kospi down 6.6%

Asian shares were mostly lower Thursday and oil prices slipped despite a flurry of strikes between the US and Iran. US futures edged higher. Selling of AI-related shares weighed on benchmarks in South Korea and Japan. An interest rate hike by the Bank of Korea also contributed to a 6.6% tumble for the Kospi, to 6,816.70. It was the first rate hike by the BOK since 2023 and was aimed at helping curb inflationary pressures due to the Iran war. Memory chipmaker SK Hynix dropped 11.2%, while Samsung Electronics fell 8.2%. Taiwan's Taiex lost 0.3% ahead of the release of an earnings report by Taiwan computer chipmaker TSMC, which is often seen as a barometer for the global industry and for the boom in artificial intelligence. US futures edged higher. Tokyo's Nikkei 225 fell 2.9% to 66,767.64. Shares of Japanese memory chipmaker Kioxia plummeted 13.5%. Chipmaking equipment company Tokyo Electron dropped 5.2%, while chip testing equipment maker Advantest gave up 5.6%. SoftBank Group s

Asian stock markets rally after surprise slowdown is US inflation rate

Japan's Nikkei rose 1% and MSCI's broadest index of Asia-Pacific shares outside Japan rose 2.4%

Asian markets choppy as Trump's threat of Hormuz levy spooks traders

Asian markets traded mixed while oil climbed to a one-month high after Trump reinstated a blockade of Iranian shipping, heightening concerns over energy supplies and global inflation

Asian stocks climb as AI rally outweighs US-Iran conflict concerns

The renewed ​back-and-forth attacks have further eroded the fragile 3-week-old ceasefire, bringing the spotlight back on oil prices ​and what it could mean for inflation and the global rates outlook

Asian shares climb on chip rally, oil jumps as Gulf hostilities resume

Semiconductor stocks rebounded after recent losses, while rising oil prices fuelled inflation concerns and weighed on global bond markets amid renewed US-Iran tensions

Asian shares mixed, oil prices decline after Opec+ announces output hike

Asian shares and US futures were mixed on Monday following a long weekend on Wall Street, while selling of technology shares pulled benchmarks in Tokyo and Seoul lower. Oil prices slipped after OPEC+ announced Sunday that seven of its members plan to expand oil production by a combined total of 188,000 barrels per day in August. It was the fifth consecutive month OPEC+ members have agreed to raise output. The countries increasing their output are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman. Uncertainty over supplies persists as talks with Iran aimed at fully reopening the Strait of Hormuz appear to be on hold during funeral ceremonies for Ayatollah Ali Khamenei, which will continue for several days. In energy trading early Monday, Brent crude, the international standard, lost 25 cents to $71.87 a barrel. US benchmark crude lost 10 cents to $68.59 a barrel. Japan's Nikkei 225 lost 0.4% to 69,468.17. Tech giant SoftBank Group Corp. declined 3.4%, while computer

Asian stocks mixed after weak US jobs data douse Fed rate hike bets

MSCI's broadest index of ​Asia-Pacific shares outside Japan fluctuated between gains and losses, edging up 0.1 per cent after two consecutive ‌days of declines

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Japan's Nikkei and South Korea's KOSPI remained on track for outsized quarterly gains as easing oil-price concerns improved the global growth outlook, while a stronger dollar pressured gold and yen

Asian markets struggle for direction amid West Asia risks, rate-hike bets

Investors weighed the impact of a pause in hostilities between the United States and Iran, while firm oil prices and expectations of higher interest rates kept the dollar near a one-year high

Asian shares ease from record highs as Apple's price hikes weigh on tech

The Nasdaq swung lower overnight after Apple slid 6.1 per cent after announcing price hikes for iPads and MacBooks to counter surging memory and storage chip costs

S Korean shares fall 8%, set for worst week since March on US tech selloff

The benchmark KOSPI was down 730.49 points, or 8.18 per cent, at 8,199.81, as of 0318 GMT

Asian stocks rally as Micron earnings, Qualcomm forecast boost AI optimism

Investor concern that valuations for AI-related companies have become stretched following years of gains has weighed on markets in recent days, leading to volatile sessions

Asian stocks wobble after tech-led selloff, volatility risk highlighted

South Korean ​shares, which plunged 10% on Tuesday in their sharpest one-day drop since March, jumped 2.2%, ‌while Japan's Nikkei was swinging between gains and losses, last down 0.8%

Asian shares slip as markets reprice Fed expectations, oil prices gain

MSCI's ​broadest index of Asia-Pacific shares outside Japan fell 0.5 per cent, while S&P 500 e-mini futures slipped 0.2 per cent. Brent ‌crude was up 0.2 per cent at $78.03 per barrel

Asian shares rally as progress in US-Iran talks eases market jitters

Officials from Qatar and Pakistan also released ​a statement saying the first session of talks had concluded and progress was made on ​a roadmap to reach a final deal in 60 days

Asian shares fall in thin holiday trading after tech rally on Wall Street

Shares retreated Friday in Asia, with markets in Greater China closed for holidays. US futures declined as optimism over the US-Iran deal to end their war was dimmed by the postponement of high-stakes talks on reopening negotiations over Iran's nuclear program and getting oil moving through the Strait of Hormuz. US markets will be closed Friday for Juneteenth. Investor sentiment has also been hit by expectations that central banks including the Federal Reserve will raise interest rates to try to curb inflation. Tokyo's Nikkei 225 wavered between gains and losses and was little changed at 71,082.81. The government reported that consumer prices excluding volatile fresh foods was unchanged, but analysts said it would likely pick up in coming months despite higher fuel costs. Higher inflation was a factor driving the Bank of Japan to raise its benchmark interest rate earlier this week to a three-decade high of 1% as it gradually adjusts its policies after years of near-zero or negativ