Asian Shares

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

Asian stocks steady, oil prices lower after US and Iran sign peace deal

Both countries released the text of ​the agreement, which had already circulated widely before its contents were published

Asian markets advance as BOJ raises rates; Nikkei briefly tops 70,000

Early trading in the region followed a familiar pattern, with markets settling into a more measured tone ‌on Gulf developments as the initial excitement over the deal between US-Iran began to fade

Asian shares jump, oil prices fall as Iran-US peace deal boosts sentiment

Markets had already priced in a likely deal but the confirmation was enough to send Brent crude falling 4 per cent to $83.80 a barrel, well away from its May peak of $126.41

Asian shares surge, oil dips after Trump claims progress in Iran war talks

Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after US President Donald Trump claimed there was a breakthrough in talks to end the Iran war. US futures edged higher. South Korea's Kospi jumped 7.8 per cent to 8,370.82, narrowing losses from earlier this month from sell-offs of shares related to artificial intelligence. The Kospi has roughly doubled over the past six months, with a record closing high of 8.801.49 on June 2. Samsung Electronics, South Korea's most valuable company, advanced 11.2 per cent. Computer chipmaker SK Hynix rose 7.2 per cent. Tokyo's Nikkei's 225 gained 3.5 per cent to 66,442.95, also led by gains for technology stocks. SoftBank Group, a multinational investment holding company with a strong AI focus, was up 2 per cent. Chip equipment maker Tokyo Electron jumped 10.3 per cent. Hong Kong's Hang Seng gained 1.8 per cent to 24,689.32 and the Shanghai Composite index rose 1.6 per cent to 4,050.51. In Australia,

How Asia's locked-out investors are trading SpaceX IPO with limited access

Investors across Asia are turning to space-related stocks, sector ETFs and Nasdaq 100 funds to gain indirect exposure to potential gains from the SpaceX IPO

Asian shares decline after another AI-led sell-off drags Wall Street lower

Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the US market sharply lower. US futures advanced and oil prices gained more than USD 1 a barrel. Tokyo's Nikkei lost 0.5 per cent to 63,878.60, while the Kospi in South Korea was also down 0.2 per cent, at 7,720.75. Hong Kong's Hang Seng edged 0.2 per cent higher, to 24,468.82, but the Shanghai Composite index fell 0.2 per cent to 3,983.80. In Australia, the S&P/ASX 200 likewise shed 0.2 per cent to 8,632.50. Taiwan's Taiex slipped 0.4 per cent. On Wednesday, Wall Street's former superstars continue to face heavy scrutiny. The S&P 500 dropped 1.6 per cent for its first back-to-back drop in three weeks. Closing at 7,266.99, it's back to where it was in early May. The Dow Jones Industrial Average tumbled 953 points, or 1.9 per cent, to 49,918.78. The Nasdaq composite led the market lower with a 2 per cent slide, to 25,169.50. Wall Street has been shaky since last week, when

Asian stocks slide, oil prices up amid escalating tensions in West Asia

Oil prices climbed about 1 per cent in early trade, moving away from a seven-week low touched in the previous session in the wake of the fresh US attacks

Asian stocks make tentative bounce after Israel, Iran halt attacks

Japan's Nikkei inched up 0.3 per cent, after losing 3.9 per cent the previous session, while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9 per cent

Asian markets tumble as AI rally cools, oil jumps on West Asia tensions

The Nasdaq had dropped 4.2 per cent on Friday after a hot jobs report ramped up expectations for Federal Reserve interest rate hikes

Asian stocks tumble as AI rally pauses, US-Iran peace talks stall

An AI-driven rally that boosted stocks earlier in the week fizzled out as chipmaker Broadcom reported underwhelming results