Page 13 - Asian Shares

Self-confident Asia charts its own course, diversifies ties beyond West

Desire to make an Asia for Asians, without the overbearing influence of the West, is not new

Asian shares drop after Wall Street closes another winning week

Asian shares were mostly lower Monday after US stocks coasted to the close of their latest winning week on Friday, even as Nvidia's stock cooled further from its startling, supernova run. US futures and oil prices dropped. In Tokyo, the Nikkei 225 index rose 0.7 per cent to 38,869.94, making it the sole major benchmark in Asia to post gains on Monday. The yen weakened to 159.93 per dollar during morning trading. Minutes of the Japanese central bank's last policy meeting released Monday put the yen under renewed pressure as it indicated that Any change in the policy interest rate should be considered only after economic indicators confirm that, for example, the CPI inflation rate has clearly started to rebound and medium-to long-term inflation expectations have risen. Meanwhile, it was reported that Masato Kanda from the Minister of Finance said officials are ready to intervene to support the currency at any time. Elsewhere, Hong Kong's Hang Seng dropped 1.2 per cent to 17,815.42,

Asian stocks hold on to gains; BoE in focus ahead of rate decision meeting

Apart from the BoE, investors will also watch out for central bank decisions from Switzerland and Norway on Thursday to set the tone for global rates outlook

Asian stocks rise to their highest on tech rally, Fed rate cut wagers

Japan's Nikkei rose 0.59%, while blue chip stocks in China were 0.42% lower. Hong Kong's Hang Seng index rose 1.3%

Asian stocks push higher; Australian dollar firm ahead of RBA rate decision

The main market focus in Asian hours on Tuesday was on the Reserve Bank of Australia's (RBA) policy decision, where expectations are for the central bank to stand pat on rates

Asian shares brace for a slew of Chinese economic news, euro pressure

There was also talk the People's Bank of China (PBOC) could cut a key lending rate by 10 basis points, in part due to surprisingly weak bank lending data released on Friday

Asian stocks slide, dollar at all time high, yen wobbles ahead of BOJ meet

The dollar was hovering near a one-month high on the back of the hawkish tone from the Fed this week

Asia stocks trade in narrow range as European politics adds new risks

S&P 500 futures and Nasdaq futures both eased 0.1 per cent in Asian trading, after edging higher on Monday

Asia shares set for weekly gains as major central banks cut rates

The European Central Bank (ECB) delivered a well-telegraphed rate cut on Thursday, a day after the Bank of Canada became the first G7 nation to trim its key policy rate

Asian shares retreat as global investors question US economic strength

In Europe, investors expect the European Central Bank on Thursday to cut the benchmark rate by 25 basis points to 3.75 per cent

Asian shares drift after rally, Wall Street reopens amid rate cut bets

Japan's Nikkei, on the other hand, slipped 0.3 per cent, reversing some of the 0.7 per cent advance a day ago

Asian shares surge ahead of critical US inflation data, rate cut expected

Holidays in the United States and UK made for thin trading ahead of Friday's figures on core personal consumption expenditures

Asian stocks edge up on Nvidia hopes, NZ dollar jumps as bond yields spike

New Zealand's central bank offered a sobering assessment of its inflation problems, warning that rates would have to be higher

Asia stocks slip as investors await Fed meeting to gauge possible rate cut

Japan's Nikkei was a rare bright spot, rising 0.2%, adding to the previous day's 0.73% rally

Asian shares hit 15-mth high ahead of highly anticipated US inflation data

MSCI's broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023

Asian shares at 15-mth high on rate cut bets; RBA seen turning hawkish

Japan's Nikkei gained 1.3% and S&P 500 futures were steady after the cash index logged a 1 per cent rise overnight

Asia shares rise as Fed rate interest decision looms large; yen crumbles

Oil prices ticked down on expectations that higher-for-longer US interest rates would dampen demand, while news of a potential Gaza ceasefire eased fears of supply constraints

Asia shares creep higher, wary on US Fed Reserve and BOJ outlooks

Geopolitical tensions were ever present with North Korea firing more missiles and talk of Russia ramping up attacks in Ukraine before Friday's one-year anniversary of the invasion

Asian Shares track Wall Street's inflation optimism, yen recoups losses

Japan's currency had weakened on uncertainty surrounding the next governor of the Bank of Japan

Asian share markets slip as China says economy slowed further in 2022

Asian shares were mostly lower Tuesday after China reported its economy expanded at a 3 per cent pace last year, less than half 2021's rate. Tokyo advanced while most other regional markets declined. Investors are watching to see if Japan's central bank will alter its longstanding policy of keeping its key interest rate at minus 0.1 per cent when it wraps up a policy meeting on Wednesday. US futures fell after markets on Wall Street were closed Monday for a holiday, while oil prices were mixed. The Chinese economy is gradually reviving after antivirus controls and a real estate slump dragged on growth last year. Restrictions that kept millions of people at home have been lifted, but a surge in COVID-19 infections is keeping consumers cautious about travel, shopping and dining out. Data reported Tuesday showed growth of the world's second largest economy slid to 2.9 per cent over a year earlier in December from the previous months 3.9 per cent. The government has begun to soften a .